Posts by Y@DminG

Three insurance companies have rejected Chevron’s claim over the seizure last year of an oil cargo by Iran, according to a complaint filed on Tuesday in a U.S. court in California. The Chevron-chartered tanker Advantage Sweet was boarded by Iranian … Source: Claims Journal

Panera Bread Co. is discontinuing its Charged Sips, which have drawn lawsuits alleging the caffeinated drinks lead to health issues. To replace the drinks, the company plans to introduce new beverages in the next two weeks, according to a memo … Source: Claims Journal

Jaguar Land Rover Automotive Plc is offering to pay part of customers’ insurance costs for new Range Rovers after a string of thefts caused premiums to soar and left some unable to get cover. The British carmaker will provide £150 … Source: Claims Journal

The Department of Labor has announced changes to the structure of its Occupational Safety and Health Administration’s (OSHA) regional operations. OSHA said it plans to fully transition to its new regional structure later in fiscal year 2024. The changes include … Source: Claims Journal

For years now, the leader of the ransomware gang LockBit, known as LockBitSupp, has been a provocative if mysterious presence on dark web forums. He has goaded law enforcement authorities and aggressively recruited hackers from rival gangs. But his identity … Source: Claims Journal

Tesla Inc. is facing a July 1 deadline to furnish US regulators with information about its biggest-ever recall because drivers using Autopilot keep crashing while using the system. In a letter posted on its website Tuesday, the National Highway Traffic … Source: Claims Journal

A decayed utility pole that broke, causing power wires to fall on dry grass in the Texas Panhandle, sparked the state’s largest wildfire in history, a Texas House committee confirmed last week. And other poorly maintained power equipment sparked four … Source: Claims Journal

While describing cyber insurance as a “fashionable” and profitable business, Berkshire Hathaway’s head of insurance operations said aggregation and loss costs have kept the company away from the risk for the most part. Yes, profitability has been “fairly high” for … Source: Claims Journal

The Supreme Court has agreed to hear an appeal from a CBD hemp oil maker fighting a lawsuit from a truck driver who says he got fired after using a product falsely advertised as being free from marijuana’s active ingredient. … Source: Claims Journal

A home health care company failed to protect a visiting nurse who was killed during an appointment with a convicted rapist at a Connecticut halfway house and should be fined about $161,000, federal workplace safety officials said Wednesday. The Occupational … Source: Claims Journal