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Homes Charred to Rubble in LA Fires Are Given New Life Through Recycling
Candace Frazee recently walked through the burnt remains of The Bunny Museum, searching for anything that could be salvaged before workers cleared the land. The Eaton Fire in Southern California in January scorched more than 60,000 bunny objects and memorabilia, … Source: Claims Journal
Read MoreNHTSA Closes Engine Failure Probe Into 454,840 Nissan Vehicles
The National Highway Traffic Safety Administration said on Monday that it is closing a preliminary evaluation into 454,840 Nissan 7201.T vehicles over engine failure after the Japanese automaker issued a recall in June. The probe, which was opened in December … Source: Claims Journal
Read MoreTally of Microsoft Victims Surges to 400 as Hackers Exploit SharePoint Flaw
The number of companies and organizations compromised by a security vulnerability in Microsoft Corp.’s SharePoint servers is increasing rapidly, with the tally of victims soaring more than six-fold in a few days, according to one research firm. Hackers have breached … Source: Claims Journal
Read MoreTesla Settles Lawsuit Challenging Louisiana Direct Sales Ban
Tesla on Monday settled a lawsuit against Louisiana and various auto dealerships and trade groups, in which CEO Elon Musk’s electric car company challenged the state’s ban since 2017 on direct vehicle sales to consumers. According to a dismissal motion … Source: Claims Journal
Read MoreThe New Approach to Hurricane-Strong Homes? Concrete Walls But Affordable
If wind mitigation and stronger homes are the paths to reducing insurance claims and bringing down insurance premiums in hurricane-prone areas, as a growing number of industry experts believe, then homeowners, builders and insurers may want to take a look … Source: Claims Journal
Read MoreSharePoint Hacks Turn Up Heat on Microsoft’s Cyber Overhaul
Three months ago, Microsoft Corp. issued a progress report on what it described as the largest cybersecurity engineering project in history. Battered by its role in several major hacks, the software giant in late 2023 vowed to overhaul its cybersecurity, … Source: Claims Journal
Read MoreInsurer Says it Has No Duty to Defend Kansas City Super Bowl Parade Shooting Lawsuit
Cincinnati Specialty Underwriters said in a complaint last week that it has no duty to defend or indemnify a Kansas City sports promotion group facing an underlying lawsuit over a mass shooting at a 2024 Super Bowl parade. CSU said … Source: Claims Journal
Read MoreExcessive Litigation Causes Surge in Liability Insurance Costs: Marsh McLennan CEO
Excessive litigation and abuse of the U.S. legal system are effectively imposing a tax on the U.S. economy and causing a surge in liability insurance costs, according to John Doyle, president and chief executive officer of Marsh McLennan. “The U.S. … Source: Claims Journal
Read MoreMicrosoft Knew of SharePoint Security Flaw But Failed to Effectively Patch It, Timeline Shows
A security patch released by Microsoft earlier this month failed to fully fix a critical flaw in the U.S. tech company’s SharePoint server software that had been identified at a hacking competition in May, opening the door to a sweeping … Source: Claims Journal
Read MoreIncreasing Drone Incidents Near US Airports, Stadiums Prompt Alarm, Officials Say
U.S. officials told a Senate committee on Tuesday that there have been more than 3,000 drone events near American airports since 2021 including 11 aircraft this year that reported taking evasive action to avoid collisions. Those drone incidents have caused … Source: Claims Journal
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