Industry News
A workers’ compensation claim from a New York construction site sat on a judge’s calendar for nearly a year before anyone thought to move it forward or even realized it had stalled. By the time the oversight was detected, both …
Via: Claims Journal
An HSBC Holdings Plc executive who’s spent years fighting allegations by First Citizens Bank & Trust Co. that he raided staff and stole trade secrets is now seeking to turn the tables, saying his accuser broke the law. HSBC and …
Via: Claims Journal
The average total incurred for professional liability claims involving physical therapy professionals rose 20.3% to $162,174, a new report shows. Healthcare Providers Service Organization and CNA released the Physical Therapy Professional Liability Claim Report: 5th Edition, which explores claims trends …
Via: Claims Journal
Anthropic is expanding a program that allows vetted cybersecurity professionals to test its most powerful AI models with fewer safeguards, after its Project Glasswing initiative helped uncover more than 100,000 software vulnerabilities this year. Its partners under Glasswing, an initiative …
Via: Claims Journal
Google was accused of overcharging Android app developers for over a decade, leading to inflated prices on the Play Store for about 20 million U.K. customers. The U.S. giant’s 30% levy for digital purchases violated competition law and consumers affected …
Via: Claims Journal
U.S. Senators Elizabeth Warren and Josh Hawley are questioning six insurers, including State Farm Mutual Automobile Insurance Co. and Allstate Corp., over concerns about a growing number of claims that are closed without payment to policyholders. Warren, a Massachusetts Democrat, …
Via: Claims Journal
South Korean regulators urged financial institutions to promptly complete internal security inspections and report the results to authorities after a series of cyberattacks led to personal data breaches across the industry. “The entire financial sector should carry out swift and …
Via: Claims Journal
San Diego County has filed a lawsuit against mobile advertising technology company AppLovin Corp., alleging that it bypassed parental controls to serve ads for adult dating services, alcohol, vaping and graphic sexual content in games played by children. AppLovin, which …
Via: Claims Journal
Starbucks has been sued by consumers who said the coffee chain falsely advertised eight protein beverages as “sugar-free” because they contain lactose, a naturally occurring sugar in milk. Related: Starbucks Settles Florida Lawsuit Claiming Diversity Policies Were Illegal According to …
Via: Claims Journal
McDonald’s has been sued in federal court in Chicago in a proposed nationwide class action alleging the fast-food company illegally coordinates menu prices across its franchises and company-owned restaurants through an AI-powered pricing system. The lawsuit, filed on Friday, said …
Via: Claims Journal