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SEC Suit Against Coinbase Can Go Forward, Judge Rules
The US Securities and Exchange Commission can proceed with its lawsuit against Coinbase Inc., the biggest US cryptocurrency-trading platform, claiming the company failed to register as a securities business, a federal judge in New York ruled. The SEC adequately alleged … Source: Claims Journal
Read MoreSix Presumed Dead After Bridge Collapse, as Port Disruptions Hit Cars to Coal
The 1.6 mile-long bridge collapsed in a matter of seconds. The catastrophic consequences are set to stretch out for weeks. As much as 2.5 million tons of coal, hundreds of cars made by Ford Motor Co., and General Motors Co., … Source: Claims Journal
Read MoreClorox Audit Revealed Cybersecurity Flaws at Its Plants in 2020
A few years before a 2023 cyberattack disrupted manufacturing at one of the largest US producers of disinfectants ahead of flu season, an audit warned of systemic cybersecurity flaws within the company’s production systems. Among the shortcomings highlighted by the … Source: Claims Journal
Read More30 Years of UIM Coverage Rules Are Wrong, North Carolina Supreme Court Says
North Carolinians can no longer stack underinsured motorist policies to compare to liability limits in order to boost the amount of coverage in an accident, the state Supreme Court said last week in a decision that overturns 30 years of … Source: Claims Journal
Read MoreStudy: Most New Doctors Face Some Form of Sexual Harassment, Even After #Metoo
More than half of all new doctors face some form of sexual harassment in their first year on the job, including nearly three-quarters of all new female doctors and a third of males, a new study finds. That’s actually down … Source: Claims Journal
Read MoreJohnson of Protective Insurance Joins CLARA Analytics Board
CLARA Analytics named Jeremy Johnson, former CEO of Protective Insurance, to its board of directors. Johnson is the former CEO and board member of Protective Insurance, a publicly traded insurer providing insurance, loss control, and claims capabilities to the transportation … Source: Claims Journal
Read MoreFires From 2023 Smoldering Under Snow Reveal Canada’s Dangerous New Reality
As skiers glide down the slopes of British Columbia’s Whistler Mountain and ice fishers drop their lines into frozen lakes in Alberta, dozens of the fires whose smoke darkened North America’s skies last year are still burning — with some … Source: Claims Journal
Read MoreAs Boeing Turbulence Persists: A Look at Past Crashes and Safety Issues Involving The Plane Maker
Boeing keeps hitting more and more turbulence. The American plane maker has been under intense pressure since early January, when a panel blew off a brand-new Alaska Airlines 737 Max midflight. That’s spotlighted a lengthy series of safety and manufacturing … Source: Claims Journal
Read MoreMexico’s Lawsuit Against Arizona Gun Dealers Can Proceed, US Judge Rules
A U.S. judge on Monday ruled that the Mexican government could move forward with a lawsuit accusing five Arizona gun dealers of participating in the trafficking of weapons and ammunition to drug cartels across the U.S.-Mexico border. U.S. District Judge … Source: Claims Journal
Read MoreRaging Storms Pushed Disaster Damages Above $100 Billion in 2023
Around the world, insured damages inflicted by natural catastrophes are climbing fast and set to double in roughly 10 years, the Swiss Re Institute — the research arm of the giant reinsurance firm — said in a report published Tuesday. … Source: Claims Journal
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