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AI Firms Debate Putting Cyber Tests Online After Model Hacks
Artificial intelligence labs and cybersecurity firms are reconsidering the way they test advanced AI models after models from at least three firms jumped onto the open internet and breached real-world victims. Cybersecurity specialists are debating whether they should connect the … Source: Claims Journal
Read MorePepsiCo Scraps Coverage of Weight-Loss Drugs for Employees
Some PepsiCo Inc. employees were notified this week that weight-loss drugs will no longer be covered by their company health insurance as of October due to skyrocketing costs. “Prescription weight-loss medications have become one of the fastest-growing costs in the … Source: Claims Journal
Read MoreLawsuit Alleges TWIA Fraudulently Reduced Claim Estimates From Hurricane Beryl
Three Texas homeowners filed a federal racketeering lawsuit last week alleging that the Texas Windstorm Insurance Association fraudulently reduced claim estimates for properties damaged by Hurricane Beryl. The lawsuit, filed in the U.S. District Court, Southern District of Texas, alleges … Source: Claims Journal
Read MoreCalifornia Lawmakers to Oppose Limits on Insurance Fire Claims
California lawmakers are lining up against Gov. Gavin Newsom’s push to rewrite how the state assigns financial responsibility for wildfires sparked by equipment owned by publicly traded utilities. A plan backed by Democrats in the state Senate wouldn’t limit insurers … Source: Claims Journal
Read MoreFirst Brands Bankruptcy-Payout Plan Rejected by Federal Judge
A federal judge rejected the bankruptcy-payout plan of defunct auto-parts maker First Brands, concluding the proposal to raise money by suing a long list of insiders and business partners was not realistic. U.S. Bankruptcy Judge Christopher Lopez sided with a … Source: Claims Journal
Read MoreChronic Traumatic Brain Damage Widespread in Former NFL Athletes
Almost every former National Football League player who died between 2016 and 2021 and allowed their brains to be evaluated were found to have chronic traumatic encephalopathy, stark evidence of the toll repeated head impacts can take on athletes. Researchers … Source: Claims Journal
Read MoreJudge Approves $117.5 Million Settlement in ‘Complex’ Comcast Data Breach Case
A federal judge has approved a $117.5 million data breach settlement against Comcast Cable Communications. The agreement represents one of the largest data breach settlement amounts and, with 31.7 million potential members, one of the largest classes in a data … Source: Claims Journal
Read MoreAmazon’s New Order Confirmation Emails Seen Boosting Phishing Risk
When Dan Landau ordered a portable photo printer from Amazon.com Inc., he expected the confirmation email to tell him what was on its way. Instead, he was notified that his “luggage” was coming. In another instance, the 38-year-old head of … Source: Claims Journal
Read MoreUSI Sues 3 Former Producers After They Allegedly Moved Clients to Howden US
USI Insurance Services has sued three former producers, who “reneged on their contractual obligations” in a move to competitor Howden US, the brokerage alleged. According to a lawsuit filed earlier this month in U.S. District Court for the Eastern District … Source: Claims Journal
Read MoreLos Angeles Faces Days of 100F Heat as Southwest Fire Risk Grows
Los Angeles is bracing for a lengthy heat wave as the weather system that’s cooked Texas expands westward and begins stripping moisture from Southern California’s terrain. Heat alerts stretch from Santa Barbara along California’s central coast to the U.S.-Mexico border … Source: Claims Journal
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