Industry News
A man says he was tortured for weeks in a New York townhouse. Another in Paris was held for ransom and his finger cut off. A couple in Connecticut were carjacked, beaten and thrown into a van. All, authorities allege, …
Via: Claims Journal
Alarm over China’s stranglehold on critical minerals grew on Tuesday as global automakers joined their U.S. counterparts to complain that restrictions by China on exports of rare earth alloys, mixtures and magnets could cause production delays and outages without a …
Via: Claims Journal
An Iowa amusement park’s former operator has agreed to pay an undisclosed amount to settle a lawsuit filed by the family of an 11-year-old boy who drowned on a water ride in 2021. A company that previously owned Adventureland park …
Via: Claims Journal
Aon plc named Chris Knutson chief claims officer, Global Broking Centre. Knutson will lead more than 100 claims professionals serving the London Market. He will report to Tracy-Lee Kus, head of GBC, and also join the global claims leadership team …
Via: Claims Journal
Long COVID cases accounted for 82.1% of the treatment payments on COVID claims and 73.7% of all COVID-19 claim payments in California’s workers’ compensation system, according to a study. The study from the California Workers’ Compensation Institute shows one-in-21 California …
Via: Claims Journal
Victoria’s Secret on Tuesday disclosed that a security incident relating to its information technology systems had led it to temporarily shut down its website for a few days last week. The company said it shut down corporate systems and e-commerce …
Via: Claims Journal
Areas of the Central United States still recovering from severe storms last month face a threat of more severe weather this week, with heavy rain, flooding and hail forecast through the middle of the week. The National Weather Service said …
Via: Claims Journal
Cryptocurrency exchange Coinbase knew as far back as January about a customer data leak at an outsourcing company connected to a larger breach estimated to cost up to $400 million, six people familiar with the matter told Reuters. At least …
Via: Claims Journal
Before becoming a parent, I thought I could plan for everything. There are books, blogs and apps galore. My prediction was that I could stay ahead of the chaos if I studied, prepared enough and followed the proper steps. Then …
Via: Claims Journal
Patty McCall was named chief financial officer at Gallagher Bassett. McCall has been with Gallagher Bassett for the past nine years as a leader on Gallagher Bassett’s finance team. She has more than 20 years of insurance and risk management …
Via: Claims Journal