Posts by Y@DminG

Liberty Mutual will give up $4.7 million in profit to settle a U.S. criminal bribery probe into an Indian subsidiary, in the Department of Justice’s first public enforcement action of a federal anti-bribery law it resumed enforcing in June. In … Source: Claims Journal

A United States Steel Corp. plant in Pennsylvania that experienced an explosion that killed at least two people has a history of accidents and violations over the past 15 years. The Clairton Coke Works plant near Pittsburgh, the biggest facility … Source: Claims Journal

British retailer Marks & Spencer has resumed taking click and collect orders for clothing after a nearly four-month hiatus following a cyber hack and data theft that impacted its earnings during the period, sending its shares higher. The 141-year-old M&S … Source: Claims Journal

Eight of Taiwan’s southern and eastern regional governments decided to shut down schools and offices because of typhoon Podul, which is expected to reach the island on Wednesday, bringing heavy rain and damaging wind gusts. The typhoon was 460 kilometers … Source: Claims Journal

Ford is recalling more than 103,000 F-150 pickup trucks in the U.S. over axle bolts that may break and result in vehicle rollaways or a loss of drive power, the U.S. National Highway Traffic Safety Administration said on Tuesday. A … Source: Claims Journal

Apple has been sued by a Texas company that accused the iPhone maker of stealing its technology to create its lucrative mobile wallet Apple Pay. In a complaint made public on Thursday, Fintiv said Apple Pay’s key features were based … Source: Claims Journal

General Motors Co. is seeking to lure back some former employees of its defunct Cruise autonomous-vehicle business as part of a renewed push to develop a new driverless car, according to people familiar with the matter. This time around, the … Source: Claims Journal

When it comes to systemic cyber risks, cybersecurity experts rated Internet of Things devices and large language models (LLMs) as the most immediate emerging risk areas of concern. That finding came from a recent CyberCube and Munich Re survey of … Source: Claims Journal

Ben Tuna is good at transforming rusted-out, patina-eaten wrecks into art. For the past few months, in a nondescript stucco warehouse on a sleepy street in Glendale, California, he has used stained-glass salvaged from sanctuary tableaus to rebuild the windows … Source: Claims Journal

ATI Restoration named Drew Wendland national business development manager. Wendland, who is returning to ATI Restoration, will support the growth of ATI’s National Response Services division, with an emphasis on insurance partnerships and independent adjuster relationships. Wendland has more than … Source: Claims Journal