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CrowdStrike’s Tests Failed to Flag Bug Behind Epic Crash
CrowdStrike Holdings Inc., the cybersecurity company at the center of massive global IT outages, said that a bug in a quality-assurance tool the company uses to check updates for mistakes allowed flawed data to go out to customers, causing last … Source: Claims Journal
Read MoreData Shows Hurricanes and Earthquakes Grab Headlines But Inland Counties Top Disaster List
Floyd County keeps flooding and the federal government keeps coming to the rescue. In July 2022, at least 40 people died and 300 homes were damaged when the eastern Kentucky county flooded. It was the 13th time in 12 years … Source: Claims Journal
Read MoreAnalyzing Business Income Losses Following Ingress/Egress & Service Interruptions
Let’s take a look at catastrophe-related perils that could impact any business in a post-pandemic and/or stabilized economy—specifically, ingress/egress limitations and power outages. Ingress and egress are terms to reference the act of entering and leaving a location. In the … Source: Claims Journal
Read MoreHow California’s Homeowners Insurance Crisis is Affecting Brokers
A growing homeowners insurance crisis for Californians is straining brokers who must work harder to get increasingly expensive and more frequently unavailable coverage for their clients, a crisis many of them blame on regulations and wildfires. Wildfires have made the … Source: Claims Journal
Read MoreU.S. Judge Will Not Block Biden Administration Ban on Worker ‘Noncompete’ Agreements
A federal judge on Tuesday rejected a bid by a tree-trimming company to block a U.S. Federal Trade Commission rule from taking effect that would ban agreements commonly signed by workers not to join their employers’ rivals or launch competing … Source: Claims Journal
Read MoreStudy Shows a Rise in Elderly Drivers and Fatal Crashes
Elderly drivers now account for one-in-four fatal crashes in the U.S., a new study shows. Licensed drivers over age of 70 have risen in the previous decade, according to a report from ValuePenguin, a finance website specializing in research and … Source: Claims Journal
Read MoreWhole Foods Settles Ex-Worker’s Lawsuit Over Black Lives Matter Masks
Whole Foods has reached an agreement to settle a lawsuit accusing it of illegally firing a worker who refused to remove her Black Lives Matter facemask and complained about racism at the Amazon.com-owned upscale grocery chain. A lawyer for Whole … Source: Claims Journal
Read MoreWith American Mobile Cancellations, Florida Mobile Home Market Has ‘Fallen Apart’
Reinsurance in Florida’s long-stressed property insurance market was supposed to have stabilized this year – with moderate rate increases and more availability. But those calmer waters apparently have not reached the mobile home market, and Florida insurance agents are now … Source: Claims Journal
Read MoreU.S. Opens Probe into Delta Following Widespread Flight Cancellations
The U.S. Transportation Department said on Tuesday that it is opening an investigation into Delta Air Lines after the carrier canceled more than 5,000 flights since Friday as it struggles to recover from a global cyber outage that snarled airlines … Source: Claims Journal
Read MoreTrigger Warning: Cyber Policy Wordings to Impact Coverage for Tech Outage
Industry stakeholders continue to try to get a grasp of the implications from last week’s massive technology outage affecting motley industries around the world, but the theme of policy language is reoccurring for a cyber insurance industry not known for … Source: Claims Journal
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