Posts by Y@DminG

Patrick Werszner and a friend visited the Stephens Gap Cave Preserve in Jackson County, Ala., on Sept. 6. The 18-year-old UAB student sat on a ledge – what Stephens Gap cavers call “The Pedestal” – inside the preserve’s main cave. … Source: Claims Journal

Two U.S. senators have asked the world’s biggest automakers for information on steps they have taken to protect cars from being hacked, as attention on vehicle security has surged following the first car recall over a cyber bug. Democratic Senators … Source: Claims Journal

The wildfires ravaging Northern California may be the costliest for the insurance industry in more than two decades by the time the blazes are controlled. “Although it is too early to provide any current loss estimates, the Valley fire could … Source: Claims Journal

Politicians must act to cap global warming when they meet at a United Nations summit at the end of the year as the financial and humanitarian consequences of natural catastrophes become ever clearer, reinsurers meeting at an industry conference said. … Source: Claims Journal

The fire that destroyed the Full Throttle Saloon in Sturgis, S.D., was caused by a malfunctioning electrical cord, according to the owner of the popular biker bar. “We had a keg cooler behind the main bar, and (workers) had pulled … Source: Claims Journal

A security company is the final defendant to be dismissed from a class action lawsuit filed by victims of the deadly 2011 Indiana State Fair stage collapse. Marion County Superior Court Judge Timothy Oakes granted ESG Security’s motion for summary … Source: Claims Journal

Hundreds of banks and credit unions can band together to pursue damages from Target Corp. over a 2013 hacking attack that compromised as many as 40 million payment cards. The ruling Tuesday by U.S. District Judge Paul Magnuson in St. … Source: Claims Journal

Considered the largest customer segment of home buyers in the United States, Gen Y homeowner customers unbundle—or split—their product needs across multiple insurers at a higher rate than any other generational group, creating an opportunity for insurers, according to the … Source: Claims Journal

An orthopedic surgeon was charged as the ringleader in one of the state’s biggest health fraud schemes, which included unnecessary operations by an untrained assistant that scarred patients forever, according to indictments unsealed Tuesday. Dr. Munir Uwaydah and 14 associates, … The post California Orthopedic Doctor Charged in $150M Insurance Fraud Scam appeared first on…

General Motors Co agreed to pay $900 million and admit to misleading the government and the public about the safety of its vehicles to end a U.S. criminal investigation into its handling of defective ignition switches linked to 124 deaths. … The post GM to Pay $900M in Criminal Settlement Over Faulty Ignition Switches appeared…