News
NEW YORK – Facebook Inc and its chief executive Mark Zuckerberg on Thursday won dismissal of an investor lawsuit accusing them of deceiving investors about the likely impact of a privacy breach on its stock price, though the investors will … Source: Claims Journal
The Cleveland judge overseeing more than 2,000 federal lawsuits over alleged opioid abuses refused to disqualify himself from a bellwether trial set to start next month, rejecting a request by drug distributors and pharmacies who say he is biased against … Source: Claims Journal
The vaping health crisis sweeping the U.S. is highlighting how little scientists and health officials know about the marijuana being consumed on a daily basis by millions of Americans. That lack of research, which stems from a longstanding federal prohibition … Source: Claims Journal
Boeing Co.’s evaluation of the 737 Max system during development used an oversimplified test that didn’t anticipate the cacophony of alarms and alerts that actually occurred during a pair of deadly crashes, U.S. investigators concluded. In the first official finding … Source: Claims Journal
LAS VEGAS — The theme on the opening day of the InsureTech Connect conference was that the insurance industry is in dire need of disruption. On Wednesday, the conversation turned toward the digital transformation that has already begun. Patrick Gee, … Source: Claims Journal
California insurance regulators released data showing what the CDI is calling “wide socioeconomic disparities” in auto insurance group discounts offered to millions of California drivers. The California Department of Insurance says some insurers offer lower automobile premium pricing to certain … Source: Claims Journal
A Mississippi woman whose loose donkey caused a fatal car crash has been ordered to pay more than $2 million in a wrongful death lawsuit last month. The Greenwood Commonwealth reports K.K. Henderson Kent was sued by Sandra Santos, whose … Source: Claims Journal
Insurance broker Marsh has unveiled the inaugural class of cybersecurity products and services receiving a Cyber Catalyst designation that is part of an evaluation program its backers hope will bring greater clarity in the crowded cybersecurity marketplace. Cyber Catalyst by … Source: Claims Journal
American aviation regulators misled Congress about a whistle-blower’s allegation that many inspectors performing safety assessments on the now-grounded Boeing Co. 737 Max airplane weren’t properly qualified to certify pilots or assess pilot training, a government watchdog agency has concluded. The … Source: Claims Journal
Property/casualty insurer Travelers is now providing its insurance agents and brokers with before-and-after photos of areas affected by disasters. The Travelers Catastrophe Map Viewer provides access to searchable, high-resolution aerial images that are often available within one or two days … Source: Claims Journal