Uncategorized
Viewpoint: Indiana Supreme Court Finds Potential Insurance Coverage for Ransomware Attack
In a pro-insurance coverage ruling, the Indiana Supreme Court reversed a lower court’s decision that crime coverage did not exist for a ransomware attack, while finding that fact issues prevented a ruling at this time on one key coverage issue. … Source: Claims Journal
Read MoreArctic Lightning Strikes Tripled in a Decade
Meteorologists flipped their lids when they found out that a summer storm—more common to temperate latitudes—had produced a lightning strike just 32 miles from the North Pole on Aug. 13, 2019. Never before had lightning been detected so close to … Source: Claims Journal
Read MoreSoftware Vendors Would Have to Disclose Breaches to U.S. Government Users Under Planned Order
SAN FRANCISCO/WASHINGTON – A planned Biden administration executive order will require many software vendors to notify their federal government customers when the companies have a cybersecurity breach, according to a draft seen by Reuters. A National Security Council spokeswoman said … Source: Claims Journal
Read MoreConservative News Outlets, Facing Defamation Lawsuits, Air Disclaimers
Businessman Mike Lindell appeared on the cable network Newsmax last month and launched into a baseless conspiracy theory blaming a voting machine company for fraud in the 2020 presidential election. After muting Lindell’s microphone, a Newsmax anchor told viewers that … Source: Claims Journal
Read MoreU.S. Regulators Inch Toward Pet-Insurance Rules, Following California’s Lead
U.S. insurance regulators are close to creating a legal standard for pet insurance that would address long-standing consumer complaints that insurers rarely pay up when their furry friends are not well. A National Association of Insurance Commissioners (NAIC) committee is … Source: Claims Journal
Read MoreSuez Canal Steps Up Efforts to Remove Blockage, Shipping Rates Surge
CAIRO, March 26 — The Suez Canal stepped up efforts on Friday to free a stuck mega vessel, after an earlier attempt failed to end a blockage that has lifted shipping rates for fuel tankers and disrupted global supply chains … Source: Claims Journal
Read MoreJustices Say Accident Victims Can Sue Ford in State Courts
WASHINGTON (AP) — The Supreme Court ruled Thursday that the Ford Motor Co. can be sued in the state courts of people who were killed or seriously injured in accidents involving Ford vehicles. The justices unanimously rejected the Michigan-based company’s … Source: Claims Journal
Read MorePollution Concerns Lead to Water Warning on Wisconsin Island
MADISON, Wis. (AP) — Concerns about pollution from PFAS “forever chemicals” that have been linked to causing cancer and a wide array of other illnesses led the state on Thursday to issue a drinking water warning for residents of French … Source: Claims Journal
Read MoreAllianz Wins Order Requiring Other Insurers to Contribute to Defense of Asbestos, Pollution Claims
Carriers that insured Freightliner Corp. before it was purchased by Daimler-Benz AG in 1981 — even those that entered into fronting agreements that transferred liability back to the insured — have to contribute to the defense of claims related to … Source: Claims Journal
Read MoreVW Doesn’t Have to Face $750 Million U.S. Suit by Supplier
Volkswagen AG doesn’t have to face a $750 million U.S. lawsuit by a unit of parts supplier Prevent Group that alleged the carmaker sought to strangle its business over a pricing dispute. U.S. District Judge Bernard Friedman on Monday threw … Source: Claims Journal
Read More