Industry News
JPMorgan Chase & Co. will pay 1.4 billion ringgit ($330 million) to Malaysia to resolve all existing and potential claims relating to the sovereign wealth fund 1MDB, a move that will end its exposure to one of the biggest financial …
Via: Claims Journal
The Gulf Coast of the United States is increasingly vulnerable to hurricanes, a scientist has warned in a new study, 20 years after Katrina devastated New Orleans and hundreds of miles of coastline. Mark Bove, a meteorologist with the German …
Via: Claims Journal
The fire burned for about nine hours, billowing smoke and scorching the wooden trestles of a nearly 75-year-old railroad bridge that spans the Marys River in Corvallis, home to Oregon State University. Long after the flames died out, Michelle Emmons, …
Via: Claims Journal
Alphabet’s robotaxi unit Waymo has received its first permit to begin testing its autonomous vehicles in New York City with a trained specialist behind the wheel, helping the company advance its self-driving ambitions. Waymo can now begin testing a limited …
Via: Claims Journal
Two More Beachfront Homes Near Collapse as Hurricane Erin’s Waves Pound North Carolina’s Outer Banks
Two homes on the North Carolina Outer Banks sit precariously in the high waves with their days seemingly numbered. Since 2020, 11 neighboring homes have fallen into the Atlantic Ocean. While the swells from storms like Hurricane Erin make things …
Via: Claims Journal
A ransomware attack that encrypted certain elements of dialysis firm DaVita’s network impacted 2.7 million people, the U.S. health department’s website showed on Thursday. The firm had disclosed in April that it was hit by a cyberattack. At the time, …
Via: Claims Journal
US auto safety regulators are looking into delays by Tesla Inc. in reporting details of crashes involving driver-assistance technology. The National Highway Traffic Safety Administration has identified multiple incident reports from the automaker that were submitted “several months or more” …
Via: Claims Journal
A significant percentage of malpractice cases examined in a recent study involved allegations of missed, incorrect, or delayed diagnoses from office-care visits. Coverys released another installment in a multipart study examining five years of closed malpractice claims and how they …
Via: Claims Journal
Elon Musk and his social media company X Corp have reached a tentative agreement to settle a lawsuit filed by former Twitter employees who said they were owed $500 million in severance pay. Attorneys for X Corp and the former …
Via: Claims Journal
They are the hurricanes of legend, the bowling balls that cross the entire Atlantic Ocean, menaced ships of yore and make the long, curved lines on the hurricane charts. Cape Verde storms, named for the group of islands about 450 …
Via: Claims Journal