Posts by Y@DminG
Swiss Re Takes a Look at Hidden Behavioral Forces Behind Skyrocketing Jury Awards
The exponential growth of liability claims costs and social inflation in the United States, in part, is being driven by changing juror sentiment and shifts in societal norms, according to analysis from Swiss Re. “Liability claims costs in the United … Source: Claims Journal
Read MoreSwiss Re Takes a Look at Hidden Behavioral Forces Behind Skyrocketing Jury Awards
The exponential growth of liability claims costs and social inflation in the United States, in part, is being driven by changing juror sentiment and shifts in societal norms, according to analysis from Swiss Re. “Liability claims costs in the United … Source: Claims Journal
Read MoreFTC Says Zillow Paid Redfin $100M to Stop Competing on Rental Listings
Zillow allegedly paid Redfin $100 million to stop competing against it in online apartment rental listings, the U.S. Federal Trade Commission said in a lawsuit on Tuesday against the online real estate platforms. The agency said the alleged deal reduces … Source: Claims Journal
Read MoreFTC Says Zillow Paid Redfin $100M to Stop Competing on Rental Listings
Zillow allegedly paid Redfin $100 million to stop competing against it in online apartment rental listings, the U.S. Federal Trade Commission said in a lawsuit on Tuesday against the online real estate platforms. The agency said the alleged deal reduces … Source: Claims Journal
Read MoreAmazon Defeats Bias Suit by Black Worker Placed on Improvement Plan
Amazon.com won the dismissal on Tuesday of a lawsuit accusing the online retailer of discriminating against a Black former employee by reducing her duties and putting her on a performance improvement plan. U.S. District Judge Arun Subramanian in Manhattan said … Source: Claims Journal
Read MoreLengthy Government Shutdown to Impact Insurers, Says AM Best
Unless Congress reaches a compromise on funding by midnight, there will be no budget and the government will shut down—sending out waves of implications that will disrupt the insurance industry, according to AM Best. “The potential government shutdown coincides with … Source: Claims Journal
Read MoreFord’s CEO Sees Trump Policies Cutting US EV Market in Half
Ford Motor Co.’s leader warned of a bleak outlook for electric vehicles as President Donald Trump’s policies breathe new life into gas-powered cars. The elimination of a $7,500 consumer tax credit and softening of emissions rules will sharply curtail EV … Source: Claims Journal
Read MoreFEMA, Customs and Border Protection Staff Data Stolen in Breach
A hacker gained access to the FEMA’s computer networks for several months earlier this year and stole information about the agency and U.S. Customs and Border Protection employees. Source: Claims Journal
Read MoreChinese Hackers Breach Foreign Ministers’ Email Servers
Suspected Chinese hackers have breached email servers of foreign ministers as part of a years-long effort targeting the communications of diplomats around the world, according to researchers at the cybersecurity firm Palo Alto Networks Inc. Attackers accessed Microsoft Exchange email … Source: Claims Journal
Read MoreEmployers Expect to See More EPL Claims, New Survey Shows
Employers expect to see more employment-related claims within the next year, a new survey shows. QBE North America’s Employment Practices Liability Report, based on a survey of 200 legal and human resources professionals at organizations with annual revenues between $500 … Source: Claims Journal
Read More