Uncategorized
Xfinity Notifies its Customers of Data Breach Linked to Software Vulnerability
NEW YORK (AP) — Hackers accessed Xfinity customers` personal information by exploiting a vulnerability in software used by the company, the Comcast-owned telecommunications business announced this week. In a Monday notice to customers, Xfinity said there was unauthorized access to … Source: Claims Journal
Read MoreFlorida Judge Slams Universal for ‘Stonewalling,’ Demands Answers from Company
Universal Property & Casualty Insurance Co. officials are discounting the significance of recent Florida judges’ rulings that have slammed the company for violating court orders, have forced Universal to default on lawsuits, have referred a Universal lawyer for disciplinary action, … Source: Claims Journal
Read MoreIllinois Appeals Ct., Thumbing Nose at 7th Circuit, Holds Exclusion Bars BIPA Claims
An Illinois appellate court decided Tuesday that a general liability insurance policy sold to a Waukegan packaging company clearly excluded coverage for violations of the state Biometric Information Privacy Act, saying a federal appellate court decision to the contrary was … Source: Claims Journal
Read MoreStorm Batters Northeastern US, Knocking Out Power, Grounding Flights and Flooding Roads
NEW YORK (AP) — A storm barreled up the East Coast on Monday, flooding roads and downing trees in the Northeast, knocking out power to hundreds of thousands, and forcing flight cancelations and school closures. More than 5 inches (13 … Source: Claims Journal
Read MoreAt Least 11 Dead, 88 Badly Injured After a Massive Fuel Depot Explosion In Guinea’s Capital
CONAKRY, Guinea (AP) — An explosion and inferno at Guinea’s main fuel depot in the capital of Conakry left at least 11 people dead and more than 80 seriously injured, authorities said Monday, as the West African country awaited help … Source: Claims Journal
Read MoreFlooding Drives Millions to Move as Climate Migration Patterns Emerge
ST. LOUIS (AP) — Flooding is driving millions of people to move out of their homes, limiting growth in some prospering communities and accelerating the decline of others, according to a new study that details how climate change and flooding … Source: Claims Journal
Read MoreJudge Blocks Chubb Exit From New York Diocese’s Thousands of Child Sex Abuse Suits
A New York judge has ruled that the “plain language” of Chubb Insurance policies dictates that the insurer must cover the Archdiocese of New York parishes and schools as they contend with thousands of sex abuse lawsuits. Chubb has balked … Source: Claims Journal
Read MoreAre Billions in Wind Mitigation the Answer for Florida’s Insurance Problems?
While Florida’s property insurance landscape appears to be leveling out, much more funding is needed to fortify homes against hurricane winds and prevent devastating losses for insureds and insurers, a few panelists said at the Florida Chamber’s Insurance Summit last … Source: Claims Journal
Read MoreIceland Rocked by Volcanic Eruption as Lava Fountains Gush
A volcanic eruption has begun in the southwest of Iceland, sending fountains of molten lava hundreds of feet up into the sky. At risk are an evacuated fishing town to the south of the site, a power plant and the … Source: Claims Journal
Read MoreViewpoint: Tesla’s Product Recall Underlines Importance of Specialty Coverage for Fast Growing EV Market
Tesla’s recent product recall has cast a spotlight on the essential role of specialty insurance coverage in the rapidly evolving automotive industry. With the electric vehicle market’s rapid growth, the risks inherent in such advanced technologies become increasingly apparent, as … Source: Claims Journal
Read More