News
Insurance losses from natural disasters fell last year after the U.S. was spared the full wrath of a major Atlantic hurricane. That’s according to the reinsurance firm Munich Re, which recorded total losses of $150 billion from events like hurricanes, … Source: Claims Journal
LOS ANGELES — A federal judge is likely to approve a $215 million class-action settlement with thousands of former patients of a campus gynecologist at the University of Southern California who has been accused of sexual abuse and misconduct, The … Source: Claims Journal
GUANICA, Puerto Rico — Cars, cots and plastic chairs became temporary beds for hundreds of families who lost their homes in southwest Puerto Rico as a flurry of earthquakes struck the island, one of them the strongest in a century. … Source: Claims Journal
The company that helped make driver safety monitoring ubiquitous among auto insurers is now offering a product that can write accident reports within minutes of a crash. Cambridge Mobile Telematics announced the launch of Claim Studio, an accident reporting system … Source: Claims Journal
Amazon.com Inc. said its Ring subsidiary fired at least four employees for improperly seeking access to customer data over the last four years, the latest privacy headache for the video doorbell maker it acquired in 2018. “Although each of the … Source: Claims Journal
Helmsman Completes Acquisition of Eberle Vivian Liberty Mutual’s wholly-owned third-party administrator, Helmsman Management Services, announced that it has closed on a deal to acquire Eberle Vivian Inc., a workers’ compensation claims administrator that serves the Pacific Northwest. Eberle Vivian, based … Source: Claims Journal
KEARNEY, Neb. — Last July 9, after floodwaters wrecked the interior of his 42-room Western Inn South, Bhikhabhai Chaudhari struggled to smile. Now, thanks to assistance from Kearney businesses and individuals, Chaudhari is beaming. He reopened his motel late this … Source: Claims Journal
ATLANTA — An Atlanta couple said they came home from a winter vacation to find their house had been ransacked by an unusual suspect: a squirrel. Kari and Dustin Drees bought their first home last month in Atlanta’s affluent Buckhead … Source: Claims Journal
LONDON — Staff at foreign exchange firm Travelex are using pen and paper to serve thousands of customers after the company said cyber hackers were holding its systems to ransom, leading to a global blackout on its online currency exchange … Source: Claims Journal
Bristol-Myers Squibb Co. and Sanofi fought back against an $8 billion lawsuit filed by Hawaii over marketing of their blockbuster blood-thinning drug Plavix, arguing in a counter-suit that the state is trampling on their free-speech rights by demanding unnecessary warning … Source: Claims Journal