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FBI Says N. Korea-Related Hacker Group Behind Crypto Firm Heist
A hacker group associated with North Korea, the Lazarus Group, also known as APT38, was responsible for the theft last June of $100 million from U.S. crypto firm Harmony’s Horizon bridge, the Federal Bureau of Investigation said on Monday. On … Source: Claims Journal
Read MoreHeavy Snow Causes Havoc in Japan as Cold Snap Sweeps Through Asia
Heavy snow blanketed wide swathes of Japan on Wednesday, snarling traffic, forcing hundreds of flight cancellations,disrupting train travel and leaving at least one person dead. An unusually cold weather front and extreme low pressure systems set snow falling and strong … Source: Claims Journal
Read MoreNatural Disasters Caused $313B Economic Loss in 2022 – Aon
Natural disasters, many driven by climate change, caused global economic losses of $313 billion in 2022, insurance broker Aon estimated on Wednesday, of which less than half was insured. Losses from natural catastrophes covered by the insurance sector amounted to … Source: Claims Journal
Read MoreClimate Disasters Forcing Insurers to Rethink Low Premiums, Few Claims Model
When it comes to climate impacts, the frontline of the finance industry is insurance. Last year’s payout from damages caused by extreme-weather events totaled $120 billion—about the same as the economic output of Kenya. And that’s a 50% increase over … Source: Claims Journal
Read MoreAttorney for Insurer Says Law Firm Working with Contractors to Find New Hurricane Claimants
An insurance defense attorney accuses the McClenny Moseley & Associates law firm of teaming up with restoration contractors to illegally acquire clients, which sometimes resulted in duplicate lawsuits being filed against insurers for claimants who were already represented by other … Source: Claims Journal
Read MoreHazing Suit at Bowling Green Ends with Nearly $3M Settlement
The family of a student who died from alcohol poisoning while pledging a fraternity will receive nearly $3 million from Bowling Green State University to settle its lawsuit, according to an agreement announced Monday. As part of the settlement, the … Source: Claims Journal
Read MoreIAEA Says Fukushima Water Release to Follow Safety Standards
TOKYO (AP) _ The head of a U.N. nuclear agency task force assessing the safety of Japan’s plan to release treated radioactive water from the wreaked Fukushima nuclear plant into the sea said Friday that Japanese regulators have shown their … Source: Claims Journal
Read MoreInvestigation into Beirut’s Massive 2020 Port Blast Resumes
BEIRUT (AP) — The judge investigating Beirut’s massive 2020 port blast resumed work Monday after a nearly 13-month halt, ordering the release of some detainees and announcing plans to charge others, including two top generals, judicial officials said. Judge Tarek … Source: Claims Journal
Read MoreUS Ends Probe into Ford SUV Exhaust Issues Without a Recall
DETROIT (AP) — The U.S. government’s road safety agency has closed a more than six-year investigation into exhaust odors in Ford Explorer passenger cabins, determining that the SUVs don’t have high levels of carbon monoxide and don’t need to be … Source: Claims Journal
Read MoreNew 1994 Ferry Disaster Report: No Collision, No Explosion
COPENHAGEN, Denmark (AP) — There is no indication that either a collision or an explosion caused the 1994 sinking of a ferry in the Baltic Sea in one of Europe’s deadliest peacetime maritime disasters, the accident investigation boards of Estonia, … Source: Claims Journal
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