Posts by Y@DminG
Losses From Crypto Hacks Jump to $2.2B in 2024, Report Says
Funds stolen by hacking cryptocurrency platforms surged 21% from a year ago to $2.2 billion in 2024, a report from blockchain analysis firm Chainalysis showed on Thursday. The hacking amount exceeded $1 billion for the fourth straight year and the … Source: Claims Journal
Read MoreCargo Theft Surges as Holiday Season Approaches, Verisk Says
Be on the lookout for Grinch-like characters hanging out at transportation hubs over the holidays. A CargoNet analysis of holiday-period theft data from the past five years shows a heightened risk during the Christmas and New Year periods. The days … Source: Claims Journal
Read MoreCalifornia Man Sentenced to 16 Years for Filing False Auto Insurance Claims
A California man was sentenced to 16 years in prison for filing false claims on dozens of auto collisions. Jacob McNabb, 33, of Bakersfield, was sentenced following a jury’s guilty verdict on four felony counts including insurance fraud after a … Source: Claims Journal
Read MoreSenate Says Climate Is Driving Insurance Non-renewals; Industry Strikes Back
The U.S. Senate Budget Committee on Wednesday held a hearing to release a study they said confirms climate change is increasing non-renewal rates in multiple states, but the insurance industry clapped back by saying extreme weather is just part of … Source: Claims Journal
Read MoreGoogle Contract Staff Reach Union Deal Banning Keystroke Monitoring
A group of Google Help staffers reached a union contract with their employer, Accenture Plc, securing protections on remote work and workplace surveillance that could be a template for others in Alphabet Inc.’s sprawling contract workforce. The collective bargaining agreement … Source: Claims Journal
Read MoreAmerican Airlines Settles Race Discrimination Suit by Black Men Removed From Flight
American Airlines has agreed to settle a race discrimination lawsuit by three Black men who were temporarily removed from a flight at the insistence of white flight attendants, according to a court filing on Thursday. The terms of the agreement … Source: Claims Journal
Read MoreEPA Approves California’s Plan to Ban Sale of Gas-Only Cars in 2035
The U.S. Environmental Protection Agency said on Wednesday it has approved California’s landmark plan to end the sale of gasoline-only vehicles by 2035. The decision in the final weeks of President Joe Biden’s administration sets up a fight over the … Source: Claims Journal
Read MoreUS Backs Off Effort to Recall About 50 Million Air Bag Parts
U.S. auto safety regulators backed down from forcing a recall of about 50 million air bag inflators they have said could explode in a crash, de-escalating a fight that has dragged on for years. The National Highway Traffic Safety Administration … Source: Claims Journal
Read MoreCVS Accused of Illegal Opioid Dispensing in Whistleblower Suit
CVS Health Corp. pharmacies illegally dispensed controlled substances including opioids, fueling an overdose crisis as short-staffed stores ignored red flags, the U.S. Department of Justice alleged in a whistleblower lawsuit unsealed Wednesday. The largest U.S. pharmacy chain deliberately set staffing … Source: Claims Journal
Read MoreUS Government Tells Officials to Ditch Regular Calls And Texts Following Telecom Hack
The U.S. government is urging senior government officials and politicians to ditch phone calls and text messages following intrusions at major American telecommunications companies blamed on Chinese hackers. Right now. In written guidance released on Wednesday, the Cybersecurity and Infrastructure … Source: Claims Journal
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