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IIHS: Headlight Glare Implicated in Small Percentage of Crashes
The unpleasant experience of bright headlights making nighttime drivers wince may not be as dangerous as most would believe—and headlights could be becoming even safer. Glare is implicated in a small fraction of nighttime crashes, a new study from the … Source: Claims Journal
Read MoreUS Warns of ‘Catastrophic’ Hacks After Cyber Firm F5 Breach
The cybersecurity company F5 Inc. said nation-state hackers breached its networks, gaining “long-term, persistent access” to certain systems and stealing some source code. The breach prompted alerts from cybersecurity agencies in the U.S. and U.K., with a senior US official … Source: Claims Journal
Read MoreState Farm Sued by Illinois Amid Probe of Homeowner Premiums
Illinois sued State Farm Fire and Casualty Insurance Co. to force it to provide information for an investigation into the company’s rapidly rising premiums for homeowners. The state’s insurance regulator alleged that the company has refused to comply with a … Source: Claims Journal
Read MoreXiaomi Driver Death Adds to China Push for New EV Door Designs
A fatality involving a Xiaomi Corp. SU7 electric sedan has renewed scrutiny of flush car door handles and is likely to reinforce China’s push for tougher safety standards. Source: Claims Journal
Read MoreContractor Offering ‘Claim Assistance’ Fined for Acting as a Public Adjuster
Wisconsin Insurance Commissioner Nathan Houdek fined a contractor his office said was acting as a public adjuster under Wisconsin law. Houdek imposed civil forfeitures of $6,000, finding the contractor violated the standards of Wis. Stat. ch. 629 by engaging in … Source: Claims Journal
Read MoreCredit Suisse Loses $440M UK Suit Against Softbank Over Greensill Losses
Credit Suisse on Wednesday lost its $440 million London lawsuit against Japan’s SoftBank Group Corp. over losses linked to collapsed finance firm Greensill Capital. Greensill’s collapse made Credit Suisse close $10 billion of funds linked to the financial firm and, … Source: Claims Journal
Read MorePlatt’s BlueCrest Agrees to Pay Out $101 Million to Investors
Michael Platt’s investment firm BlueCrest Capital Management will pay out $101 million to investors after U.K. regulators said it failed to manage conflicts of interest over an internal investment fund. BlueCrest and the U.K.’s Financial Conduct Authority have been grappling … Source: Claims Journal
Read MorePlatt’s BlueCrest Agrees to Pay Out $101 Million to Investors
Michael Platt’s investment firm BlueCrest Capital Management will pay out $101 million to investors after U.K. regulators said it failed to manage conflicts of interest over an internal investment fund. BlueCrest and the U.K.’s Financial Conduct Authority have been grappling … Source: Claims Journal
Read MoreBangladesh Garment Factory Fire Kills 16, Toll May Rise
A fire on Tuesday at a garment factory in Bangladesh and an adjacent chemical warehouse killed at least 16 people and injured others, and the death toll could rise, an official said. The cause of the blaze wasn’t immediately known, … Source: Claims Journal
Read MoreBangladesh Garment Factory Fire Kills 16, Toll May Rise
A fire on Tuesday at a garment factory in Bangladesh and an adjacent chemical warehouse killed at least 16 people and injured others, and the death toll could rise, an official said. The cause of the blaze wasn’t immediately known, … Source: Claims Journal
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