Industry News
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
A train derails and spills at least 1,000 gallons of hazardous materials in the U.S. about once every two months. Nearly half of those derailments resulted in evacuations; more than a quarter resulted in a fire or explosion since 2015, …
Via: Claims Journal
The shift to autonomous vehicles represents a great unknown for the auto insurance industry, but to analysts at Bank of America Corp. it will be a potential goldmine. Investors are concerned about liability when driverless cars become more mainstream. Under …
Via: Claims Journal
There’s a popular T-shirt on Hatteras Island along the North Carolina Outer Banks that says: “One road on. One road off (sometimes)” — poking fun at the constant battle between Mother Nature and a thin ribbon of pavement connecting the …
Via: Claims Journal
Hurricane Erin is muddling computer models and making forecasters, analysts and traders question the accuracy of the outlook for heat, wind and storms across Europe next week. Erin, which churned through the Atlantic 330 kilometers (205 miles) off the North …
Via: Claims Journal