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California Hillsides Are at Risk of Floods After Days of Downpours
The latest in a series of robust storms is drenching California again with rain and snow, prompting officials to warn residents to stay on high alert for floods as weakened terrain gets further tested. Some hillside communities — including affluent … Source: Claims Journal
Read MoreUber Sues Insurer for Refusing to Cover NYC Drivers in Crashes
Uber Technologies Inc. sued an auto liability insurer for what it says is a consistent pattern of failing to honor coverage for New York City ride-share drivers who get into accidents. American Transit Insurance Co.’s “unreasonable practices” handling claims has … Source: Claims Journal
Read MoreFTX Investors Sue Sullivan & Cromwell, Say Law Firm Aided Fraud
FTX investors sued Sullivan & Cromwell, accusing the law firm of aiding illicit schemes that helped advance a multi-billion dollar fraud before the crypto exchange’s collapse. Sullivan & Cromwell’s services “went well beyond those a law firm should and ordinarily … Source: Claims Journal
Read MoreFBI, UK Crime Agency Say They Have Disrupted LockBit Cyber Gang
A coalition of international law enforcement agencies, including the FBI and UK National Crime Agency, said they have disrupted LockBit, one of the most prolific hacker groups of all time, including shutting down websites the organization used for ransomware payments. … Source: Claims Journal
Read MoreWaymo Recalls 444 Self-Driving Vehicles Over Software Error
Alphabet’s Waymo unit has recalled 444 self-driving vehicles after two minor collisions in quick succession in Arizona because a software error could result in them inaccurately predicting the movement of a towed vehicle. All of the vehicles are in the … Source: Claims Journal
Read MoreGoogle Announces Free AI Cyber Tools to Bolster Online Security
Alphabet Inc.’s Google announced an initiative to provide artificial intelligence tools and investments to bolster online security, as the emerging technology is increasingly used to both protect against and perpetrate cybercrime. Google will introduce a new open-source resource powered by … Source: Claims Journal
Read MoreUS Offers up to $10M Reward for Info Leading to Leaders of Notorious Ransomware Gang
If you’ve got information on one of the world’s most prolific ransomware gangs, you could stand to make a cool $10 million. The Department of State on Thursday announced a reward of up to $10 million for anyone who can … Source: Claims Journal
Read MoreNew York’s High Court Backs Insurer’s Denial of COVID-19 Business Interruption Claim
New York state’s highest court has affirmed that there must be direct physical loss or damage, not just presence of a virus, to trigger coverage under a commercial property policy for COVID-19 business interruption losses. The Court of Appeals upheld … Source: Claims Journal
Read MoreNew Storms Hit California as Wet Winter Brings More Flooding, Winds and Heavy Snowfall
AccuWeather meteorologists on Sunday forecasted the “relentless wet pattern” will continue for residents along the West Coast through at least the middle of the week, as stormy conditions move onshore with rounds of locally heavy rainfall and a renewed risk … Source: Claims Journal
Read MoreAustralia Set for Another Cyclone Hit After Storm Forms in North
Australia will be struck by a third tropical cyclone in around two months after a system formed off the country’s north on Friday, with the storm expected to cross the coast in a sparsely populated area. Tropical Cyclone Lincoln is … Source: Claims Journal
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