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Hackers Manipulate Markets in $700 Million Illicit Trading Spree
Criminals are hijacking online brokerage accounts in Japan and using them to drive up penny stocks around the world. The wave of fraudulent trading has reached ¥100 billion ($710 million) since it started in February and shows no signs of … Source: Claims Journal
Read MoreNew York High Court Unleashes Expanded Liability for Pet Owners
Dog and other pet owners and insurers in New York are now exposed to increased risk of liability in the wake of a Court of Appeals ruling that allows an injured party to bring an ordinary negligence claim against a … Source: Claims Journal
Read MoreSevere Weather Outbreak Threatens Central U.S. with Tornadoes and Large Hail
A multi-day severe weather outbreak is expected to bring heavy thunderstorms, large hail and the threat of tornadoes across the central U.S. Parts of the Upper Midwest – particularly southern and western Minnesota and northern Iowa – is at highest … Source: Claims Journal
Read MoreM&S Tells Warehouse Agency Staff to Stay Home as Cyber Incident Continues
British retailer Marks & Spencer told agency staff at its central England distribution center to stay at home on Monday, after it stopped taking online orders following a cyber incident last week. Shares in the company, one of the best … Source: Claims Journal
Read MoreMajor Automakers Want Congress to Bar California 2035 Electric Vehicle Plan
Major automakers want Congress to bar California’s landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states, warning the rules could begin impacting vehicle shipments in a few months. The U.S. … Source: Claims Journal
Read MoreSpain and Portugal Hit With Worst European Blackout in Years
Most of Spain and all of Portugal were hit by a major blackout that impacted public transport, airports and phone service. Source: Claims Journal
Read MoreDeel Sues Rippling for Defamation, Escalates Silicon Valley Feud
Deel Inc., a $12 billion Silicon Valley startup, is escalating a bitter legal fight with its top rival in the market for human resources and payroll software. The company has filed a defamation lawsuit in Delaware state court against People … Source: Claims Journal
Read MoreXceedance Names Lillywhite Senior Vice President, Operating Leader for U.K. And Europe
Xceedance named Gavin Lillywhite senior vice president, operating leader for the U.K. and Europe. Lillywhite will lead operations across the U.K. and Europe. Lillywhite has more than 30 years of international experience. He most recently held senior leadership roles focused … Source: Claims Journal
Read MoreLawmakers Agree to Pay $807M into Lahaina Wildfires Settlement Fund
It’s not often that applause breaks out in the audience after a vote at the Hawaiʻi Legislature, but that one afternoon last week. The measure was House Bill 1001, and the subject was settling claims related to the August 2023 … Source: Claims Journal
Read MoreFather of Tesla Cybertruck Crash Victim Files Lawsuit Over Death
The family of one of three college students who died in a Cybertruck crash in California filed a lawsuit in a bid to gain access to the Tesla Inc. pickup and better understand how their daughter died. The driver and … Source: Claims Journal
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