Industry News
Capital One was sued on Wednesday by New York Attorney General Letitia James, who accused the bank of cheating depositors with its flagship “high interest” savings accounts out of millions of dollars in interest. The lawsuit followed the U.S. Consumer …
Via: Claims Journal
Steelmaker Nucor said on Wednesday it had halted certain production at various locations after identifying a cyber security incident that involved unauthorized third-party access to certain information technology systems it used. The Charlotte, North Carolina-based company said it is in …
Via: Claims Journal
In a victory for global agrochemical maker Bayer, Georgia has become the second state to shield pesticide manufacturers from some lawsuits claiming that they failed to warn customers of potential dangers. The legislation signed Friday by Georgia Gov. Brian Kemp …
Via: Claims Journal
Insurance broker Marsh USA is asking a New York court to stop several former employees and rival Willis Towers Watson from preparing to steal its aviation and space insurance clients using confidential information. In a lawsuit filed in New York …
Via: Claims Journal
Alphabet’s Google said hackers responsible for paralyzing disruptions of U.K. retailers are turning their attention to similar companies in the United States. “U.S. retailers should take note. These actors are aggressive, creative, and particularly effective at circumventing mature security programs,” …
Via: Claims Journal
A failed backup telecommunications line led to a recent 90-second radar and radio outage that left air traffic controllers unable to see jetliners heading into Newark airport. After the primary connection that carries radar data into the Philadelphia facility where …
Via: Claims Journal
Unions representing staff in the U.S. Department of Agriculture’s research, animal health and nutrition agencies warned lawmakers of political interference and irreparable damage to their work from President Donald Trump’s efforts to shrink the federal government in a letter sent …
Via: Claims Journal
Alphabet’s Waymo is recalling more than 1,200 self-driving vehicles to update software and address risks of collisions with chains, gates and other roadway barriers after U.S. auto safety investigators opened a probe last year. The recall affects 1,212 Waymo vehicles …
Via: Claims Journal
The Consumer Financial Protection Bureau dropped its lawsuit against Walmart Inc. and one of its financial-technology partners, the latest of the agency’s Biden-era enforcement actions to be abandoned by President Donald Trump’s administration. The CFPB formally moved Tuesday to dismiss …
Via: Claims Journal
Roughly one-in-six claims handled by cyber insurer Coalition were from business email compromise, and about a third included funds transfer fraud. In its 2025 Cyber Claims Report, Coalition said claims severity involving business email compromise rose 23% in 2024, with …
Via: Claims Journal