News
Russia and China present the greatest cyber security threat to the U.S., but Iran is trying to increase and spend more on its capabilities, the Navy admiral in charge of the military’s Cyber Command told Congress Tuesday. Adm. Michael Rogers … Source: Claims Journal
The hackers who seriously disrupted operations at a large hospital chain recently and held some data hostage broke into a computer server left vulnerable despite urgent public warnings since at least 2007 that it needed to be fixed with a … Source: Claims Journal
A security company isn’t liable for the theft of more than $60 million worth of prescription drugs from pharmaceutical company Eli Lilly’s warehouse in Connecticut six years ago, a federal jury in Florida says. Eli Lilly’s insurer, the National Union … Source: Claims Journal
While the idea of diversity in the workplace isn’t new, the insurance industry is known for lagging when it comes to change. “Quite frankly, I’ve been involved in the industry for quite a number of years. In the last one, … Source: Claims Journal
Imagine beginning your day with a cup of coffee in the car on the way to work, watching the morning news from a holographic projection on the windshield while making notes in preparation for a 9:00 a.m. meeting. All this … Source: Claims Journal
Insured losses from global catastrophes and man-made disasters reached $37 billion in 2015, well-below the $62 billion average of the previous 10 years. The Tianjin explosions caused the biggest insured loss, according to the latest Swiss Re sigma study. There … Source: Claims Journal
Rising drug prices contributed to a 2.2 percent growth in pharmacy spending for American workers’ compensation payers in 2015, according to a new report released by Express Scripts. Effective management programs helped lower injured workers’ drug utilization by 2.6 percent … Source: Claims Journal
Six years after 29 miners were killed in a West Virginia coal dust explosion, the man who ran the mining company like a fiefdom – a coal baron and power broker who earned millions of dollars a year – will … Source: Claims Journal
In 2012 there was not a single Ohio college graduate who received a degree in insurance. It was a troubling fact for an industry, which is considered an economic pillar for the state of Ohio. Insurance employs over 100,000 Ohioans … Source: Claims Journal
Employers cannot deny a worker a place to sit just because they prefer the person stand, and they must consider the employee’s work station, not their overall duties, when determining whether to provide a seat, the California Supreme Court said … Source: Claims Journal