Posts by Y@DminG
Honolulu Officers Who Handcuffed 10-Year-Old Can Be Sued for Using Excessive Force, Judges Rule
Three Honolulu police officers can be sued on excessive force claims for their part in handcuffing and arresting a 10-year-old girl at Honowai Elementary School in 2020, according to a recent decision by a panel of judges for the 9th … Source: Claims Journal
Read MoreBuffett’s PacifiCorp Suspected of Collusion By Wildfire Victims’ Law Firms
The law firms leading class-action litigation against PacifiCorp over the 2020 Labor Day weekend wildfires in Oregon want to examine whether the utility owned by Warren Buffett’s Berkshire Hathaway is colluding with other law firms to reach lowball settlements with … Source: Claims Journal
Read MoreGlobal IT Collapse Puts Cyber Firm CrowdStrike in Spotlight
Behind a massive IT failure that grounded flights, upended markets and disrupted corporations around the world is one cybersecurity company: CrowdStrike Holdings Inc. Known as a dominant supplier of software that protects businesses from ransomware attacks, CrowdStrike was thrust into … Source: Claims Journal
Read MoreEffective Cyber Risk Management Requires Transparency
Cyber risk is manageable. But only if everyone involved in managing that risk is on the same page. Typically, when new cyber threats are detected or announced, cyber insurers notify their policyholders and encourage them to swiftly remediate potential risks. … Source: Claims Journal
Read MoreAbbott Weighs Pulling Premature-Baby Formula Cited in Suits
Abbott Laboratories is considering pulling infant formula for premature babies off the market, Chief Executive Officer Robert Ford said, amid investor concerns about lawsuits over its safety. The fortified formula, designed for fragile infants under medical supervision, has drawn fire … Source: Claims Journal
Read MoreStellantis Recalls 24,000 Chrysler Minivans for Fire Risks, Urges Outdoor Parking
WASHINGTON – Stellantis on Thursday recalled about 24,000 ChryslerPacifica plug-in hybrid minivans worldwide because of fire risks, and urged owners to park outside, away from structures. and not to recharge the vehicles pending a software update. Stellantis said the recall … Source: Claims Journal
Read MoreHawaiian Electric Among Firms Eyeing $4B Maui Fire Deal
Hawaiian Electric Industries Inc. is among the companies that have tentatively agreed to pay more than $4 billion to resolve hundreds of lawsuits over the wildfires that ripped through Maui last year, according to people familiar with the deal. The … Source: Claims Journal
Read MoreStudy Urges Rethinking of Disaster Management in Era of Compounding Events
A new report warns that compounding natural disasters introduce new, interconnected, and complex risk scenarios — and points to a need to reimagine efforts that support disaster preparedness, mitigation, and recovery “in an era of intensifying extreme weather-climate events and … Source: Claims Journal
Read MoreMEMIC Group Promotes Foote to Vice President of Claims
The MEMIC Group promoted Stacey Foote to vice president of claims. Foote will oversee MEMIC’s Eastern Region claims handling operation, including the Northeast, Mid-Atlantic and Southeast territories. She has been part of MEMIC since 2004, starting as a compensation specialist … Source: Claims Journal
Read MoreNorth Carolina Man Charged With Threatening Insurance Agents Over Claim
First, a North Carolina man filed a claim with Farm Bureau Insurance. Then he threatened three insurance agents with violence when he wasn’t paid as much as he expected, according to state authorities and one of the insurance agents. Brody … Source: Claims Journal
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