News
PHOENIX — This year’s wildfire season has been an extra challenging one for firefighters. Not only have crews had to battle some massive fires around Arizona, they have had to deal with changes in their routine due to the COVID-19 … Source: Claims Journal
The sharp reduction in personal auto claims that followed COVID-19 shutdown orders began to fade away after the Memorial Day weekend, but frequency appears to dropping again in reaction to a resurgence of the disease. Andy Cohen, chief operating officer … Source: Claims Journal
Facebook Inc. bowed to a judge’s concerns and proposed increasing its settlement offer to $650 million to resolve claims by users that the company illegally gathered biometric data through a photo-tagging tool. A federal judge had voiced skepticism about whether … Source: Claims Journal
Boeing Co. 737 planes in storage because of the coronavirus pandemic are at risk of losing power in both engines when they fly again and must be inspected, aviation regulators said. The emergency order applies to older “Next Generation” and … Source: Claims Journal
PORTLAND, Ore. — The mayor of Portland, Oregon, was tear-gassed by U.S. government agents late Wednesday as he stood at a fence erected to protect a federal courthouse during another night of protests against the presence of the agents sent … Source: Claims Journal
SAN FRANCISCO — More than a thousand Twitter employees and contractors as of earlier this year had access to internal tools that could change user account settings and hand control to others, two former employees said, making it hard to … Source: Claims Journal
Indivior Plc on Friday said it had agreed to pay $600 million and have a subsidiary plead guilty to a criminal charge to resolve U.S. allegations that it engaged in an illegal scheme to boost prescriptions of its opioid addiction … Source: Claims Journal
U.S. insurers and brokers are starting to craft professional liability coverage for police officers, spurred on by signs that policymakers in some cities and states want to use a financial stick to curb police misconduct. They see a potential market … Source: Claims Journal
BASF SE, the world’s biggest chemical maker, and a law firm agreed to pay a combined $72.5 million to resolve claims they hid evidence that certain talc products contained asbestos in an effort to scuttle thousands of lawsuits. Executives of … Source: Claims Journal
The workers’ compensation line is unlikely to generate a profit this year and may not recover in 2021, an insurance industry economist said during a webcast Thursday. Steven N. Weisbart, senior vice president and chief economist for the Insurance Information … Source: Claims Journal