Posts by Y@DminG
Hackers Had Been Lurking in Cyber Firm F5 Systems Since 2023
The state-backed hackers who breached cybersecurity company F5 Inc. broke in beginning in late 2023 and lurked in the company’s systems until being discovered in August of this year, according to people who were briefed by F5 about the incident. … Source: Claims Journal
Read More‘Massive Legal Siege’ Against Social Media Companies Looms
Thousands of plaintiffs’ complaints, millions of pages of internal documents and transcripts of countless hours of depositions are about to land in U.S. courtrooms, threatening the future of the biggest social media companies. The blizzard of paperwork is a byproduct … Source: Claims Journal
Read MoreLA County Reaches New $828 Million Deal With Abuse Victims
Los Angeles County reached a tentative agreement to pay an additional $828 million to victims of childhood sexual abuse who filed lawsuits under a 2019 state law that raised the statute of limitations for such cases. The settlement addresses 400 … Source: Claims Journal
Read MoreAuto Value Professionals Expanding to Georgia, North Carolina and Illinois
Auto Value Professionals plans to expand into Georgia, North Carolina and Illinois. The company says the reason for the expansion is to answer the rising demand for professional automotive appraisal services.. Auto Value Professionals has its corporate headquarters in San … Source: Claims Journal
Read MoreCan a More Unified Front Be Formed Against Legal System Abuse?
To tell the public what it spends on insurance—an amount largely effected by what it calls legal system abuse—Uber has started to provide information on customers’ receipts. “To give you a sense of how bad the problem has gotten in … Source: Claims Journal
Read MoreTesla’s European Regulator Making Door Safety a ‘Key Priority’
Tesla Inc.’s safety regulators in Europe are joining an expanding global effort to more closely scrutinize the door handle design popularized by the world’s leading electric vehicle manufacturer. The Dutch authority RDW, which inspects and approves Tesla’s vehicles for sale … Source: Claims Journal
Read MoreFord Recalling 625K US Vehicles Over Camera Display, Seatbelt Issues
Ford is recalling nearly 625,000 vehicles in the U.S. due to seatbelt and rear-view camera display problems, the U.S. National Highway Traffic Safety Administration said on Friday. The seatbelt recall affects 332,778 Ford Mustang vehicles, while the camera display issue … Source: Claims Journal
Read MoreSmucker Sues Trader Joe’s, Saying New PB&Js Are Too Like Uncrustables
The J.M. Smucker Co. is suing Trader Joe’s, alleging the grocery chain’s new frozen peanut butter and jelly sandwiches are too similar to Smucker’s Uncrustables in their design and packaging. In the lawsuit, which was filed this week in federal … Source: Claims Journal
Read MoreInflation, Supply Chains, Tariffs: How Global Trends are Impacting Business Insurance and Claims
Inflation has been a persistent issue in the United States, though it has moderated since its peak during the COVID-19 pandemic, while supply chain disruptions for equipment and other goods continue to add to insurance claim costs—and the financial impacts … Source: Claims Journal
Read MoreJ&J Faces First UK Lawsuits Alleging Its Baby Powder Caused Cancer
Johnson & Johnson is facing the first lawsuits in Britain over allegations that its talc products cause cancer, as it fights tens of thousands of similar claims in the United States. The lawsuit was filed at the English High Court … Source: Claims Journal
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