Posts by Y@DminG

Goldman Sachs Group Inc.’s data was exposed earlier this year in a hack of accounting firm EY, according to a person familiar with the matter. The bank’s systems weren’t affected by the attack, a Goldman spokesperson said in an emailed … Source: Claims Journal

Where there’s smoke there’s fire, but is the reverse true? The presumption in California could be that it is. One fallout from the plague of wildfires that struck California in recent years is that smoke claims became a bigger issue … Source: Claims Journal

Senators Elizabeth Warren and Josh Hawley are on the wrong track and misunderstand the influences that can affect claims, the industry said. The senators have sent letters to some of the largest personal lines insurers in the U.S., asking for … Source: Claims Journal

The storm is expected to rapidly strengthen over the next two days, and become a hurricane by Thursday. Source: Claims Journal

Most of the attention on California’s weather is focused right now on an unusual October heat wave with triple-digit temperatures in some areas, but talk of “atmospheric rivers” bringing crashing waves, pounding rain and snow by the feet to the … Source: Claims Journal

Anthropic is expanding a program that allows vetted cybersecurity professionals to test its most powerful AI models with fewer safeguards, after its Project Glasswing initiative helped uncover more than 100,000 software vulnerabilities this year. Its partners under Glasswing, an initiative … Source: Claims Journal

The average total incurred for professional liability claims involving physical therapy professionals rose 20.3% to $162,174, a new report shows. Healthcare Providers Service Organization and CNA released the Physical Therapy Professional Liability Claim Report: 5th Edition, which explores claims trends … Source: Claims Journal

An HSBC Holdings Plc executive who’s spent years fighting allegations by First Citizens Bank & Trust Co. that he raided staff and stole trade secrets is now seeking to turn the tables, saying his accuser broke the law. HSBC and … Source: Claims Journal

A workers’ compensation claim from a New York construction site sat on a judge’s calendar for nearly a year before anyone thought to move it forward or even realized it had stalled. By the time the oversight was detected, both … Source: Claims Journal

A Florida injury attorney known for suing insurance companies in medical malpractice, wrongful death and auto claims, has been suspended from practice after he was linked to a murder-for-hire plan. Francisco Javier Gonzalez, 59, of the Orlando area, was suspended … Source: Claims Journal