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Verisk: Cargo Theft Losses Hit $304M on Organized Crime Cyber Schemes
Organized crime continues to strong arm the cargo industry, as estimated losses more than doubled to $304.6 million while theft incidents across the U.S. and Canada fell 26% year over year. A report from Verisk CargoNet points to organized theft … Source: Claims Journal
Read MoreNYC Vows Legal Action Against Online Sellers of Illegal E-Bikes and E-Scooters
New York City is taking legal action against online retailers selling dangerous motorized devices — including high-speed e-bikes, stand-up e-scooters and other products that cannot legally be operated on the city’s streets. Mayor Zohran Kwame Mamdani said the city has … Source: Claims Journal
Read MoreCanada Discussing Trade Concessions With US for Some Tariff Relief, Reports Say
Canada and the U.S. are discussing a prospective deal in which Ottawa would agree to a list of Trump administration trade demands in exchange for some relief on sectoral tariffs, the Globe and Mail reported on Friday, citing sources. The … Source: Claims Journal
Read MoreArson Suspect Timed Spokane, Washington, Fire for High Wind Day
The 37-year old man suspected of starting one of the fires burning around Spokane, Washington told a detective that he planned the arson attack for Sunday to coincide with a “high winds” day, according to court documents. That blaze was … Source: Claims Journal
Read MoreArson Suspect Timed Spokane, Washington, Fire for High Wind Day
The 37-year old man suspected of starting one of the fires burning around Spokane, Washington told a detective that he planned the arson attack for Sunday to coincide with a “high winds” day, according to court documents. That blaze was … Source: Claims Journal
Read MoreArson Suspect Timed Spokane Fire for High Wind Day
The blaze was one of three that destroyed roughly 700 buildings and forced 70,000 people to evacuate earlier this week. Source: Claims Journal
Read MoreMeta Ordered to Pay $567 Million In New Mexico for Teen Mental Health Fund
A New Mexico state court ordered Meta on Thursday to pay $567 million into a teen mental health fund and change how its platforms function for young users after finding the company is to blame for harming children’s wellbeing. Judge … Source: Claims Journal
Read MoreMeta Ordered to Pay $567 Million In New Mexico for Teen Mental Health Fund
A New Mexico state court ordered Meta on Thursday to pay $567 million into a teen mental health fund and change how its platforms function for young users after finding the company is to blame for harming children’s wellbeing. Judge … Source: Claims Journal
Read MoreNew Database Shows 6.5 Million Americans Face Landslide Risks — and Where They Live
Newswise — Landslides cause an estimated $3-6 billion in damage and multiple fatalities annually in the United States. Those numbers could easily increase as housing needs spur development in landslide-prone areas, and as climate change increases the severity and frequency … Source: Claims Journal
Read MoreOil-Related Materials Claims Exposure Varies Broadly Across US
Oil prices are giving claims costs a hit, and depending on the part of the country, the exposure for replacement and repair costs of roofing, synthetic flooring or vinyl siding may be considerable and vary broadly, a new report shows. … Source: Claims Journal
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