Uncategorized
GAO: Patent Litigation Funders Use Many Factors to Decide to Invest in a Lawsuit
Patent litigation funders say multiple factors that inform their decision on whether to invest in a particular patent lawsuit, according to a new study by the Government Accountability Office. The GAO was asked to review recent developments in third-party funding … Source: Claims Journal
Read MoreThe Rising Insurance Costs of Electric Vehicles: A Specialized Challenge
Electric vehicles are quickly becoming a mainstay in the automotive industry. However, as their adoption grows, so too does the scrutiny around the cost of insuring them. While EVs bring advantages in environmental impact and efficiency, they present unique challenges … Source: Claims Journal
Read More‘Large Number’ of Americans’ Metadata Stolen by Chinese Hackers, Senior Official Says
A large number of Americans’ metadata has been stolen in the sweeping cyberespionage campaign carried out by a Chinese hacking group dubbed “Salt Typhoon,” a senior U.S. official told journalists on Wednesday. The official declined to provide specific figures but … Source: Claims Journal
Read MoreRansomware Gangs’ Merciless Attacks Bleed Small Companies Dry
The black-and-white message flickering across computer screens sparked panic at Knights of Old, a 158-year-old U.K. delivery company: “If you’re reading this, it means the internal infrastructure of your company is fully or partially dead.” Knights’ network for managing trucks … Source: Claims Journal
Read MoreInsulet Wins $452M Verdict Against EOFlow in Insulin Pump Secrets Case
Medical device maker Insulet convinced a jury that Korean rival EOFlow owes it $452 million in damages for stealing trade secrets related to insulin pumps, according to a verdict made public in Massachusetts federal court on Thursday. The jury in … Source: Claims Journal
Read MoreBoeing Plea Deal Over Fatal 737 Crashes Rejected by Judge
A federal judge rejected Boeing Co.’s plea deal that sought to let the planemaker avoid criminal prosecution over to two fatal 737 Max crashes, in a surprise twist that threatens to prolong the company’s recovery from past scandals. U.S. District … Source: Claims Journal
Read MoreRocket Sues HUD to Dismiss Home Appraisal Bias Allegations
Rocket Mortgage is pushing back against U.S. accusations that it’s at fault for lowball appraisals by outside firms that allegedly discriminated against a Black borrower, contending that federal law bars lenders from trying to influence the valuations. The nation’s largest … Source: Claims Journal
Read MoreClaims Satisfaction Leaders Reveal Secrets to Success
What is the secret to an insurance claims experience that satisfies customers? For years, J.D. Power has conducted surveys and curated lists recognizing insurers that succeed at providing satisfactory claims experiences. Carrier Management recently asked claims leaders at two of … Source: Claims Journal
Read MoreRaw Milk Recall in California Expands After Tests Detect More Bird Flu Virus
A California farm expanded a recall of raw milk sold in stores and halted production after state health and agriculture officials found bird flu virus in more milk samples. Raw Farm, of Fresno, voluntarily recalled all whole milk and cream … Source: Claims Journal
Read MoreStrong Northern California Quake Triggered Brief Tsunami Warning
A magnitude-7.0 earthquake off the coast of Northern California triggered a brief tsunami warning across a swath of the U.S. West Coast. The tsunami threat was declared over less than an hour later even as the area experienced multiple aftershocks. … Source: Claims Journal
Read More