Industry News
A cyberattack at U.S. insurance firm Allianz Life in late July compromised the personal data of 1.1 million customers, according to breach notification site Have I Been Pwned on Monday. Allianz Life had previously said that hackers stole personal information …
Via: Claims Journal
The fatal explosion last week at U.S. Steel’s Pittsburgh-area coal-processing plant has revived debate about its future just as the iconic American company was emerging from a long period of uncertainty. The fortunes of steelmaking in the U.S. — along …
Via: Claims Journal
An expanding Hurricane Erin is poised to bring rough surf and life-threatening waves to beaches from Florida from Massachusetts this week, despite spinning hundreds of miles off the US East Coast. Erin’s tropical winds now extend more than 205 miles …
Via: Claims Journal
Four major heat waves, dry conditions and strong winds have turned Europe into a tinderbox this summer, fueling the most destructive wildfire season in nearly two decades. Blazes have scorched about 8,948 square kilometers (3,455 square miles) across the European …
Via: Claims Journal
Tesla must face a certified class action by California drivers who said Elon Musk misled them for eight years about the self-driving capabilities of his company’s electric vehicles. U.S. District Judge Rita Lin said the common question of whether Tesla …
Via: Claims Journal
Mark Gilmartin grew up around golf, playing in national tournaments from a young age and competing in college. When his amateur golf career didn’t translate into a spot on the professional tour, he turned his love of golf into a …
Via: Claims Journal
Cyber insurance remains an area of growth opportunity for property and casualty insurers, particularly in the face of large-scale risk factors. According to a new report, “CYBER: Insights on the current and future state of the US cyber insurance market” …
Via: Claims Journal
Word on the street is that California employers should start expecting higher workers’ compensation rates. California employers have enjoyed a soft workers’ comp market for the last decade, but all indications are now pointing to the market hardening, entering a …
Via: Claims Journal
Bayer said on Monday it reached agreements in principle with more than 200 plaintiffs to resolve the so-called Sky Valley Education Center product liability cases related to the chemical PCB, but said payments were already reflected in recent financial reporting. …
Via: Claims Journal
Rose Hammond pushed authorities for years to lower the 55 mph speed limit on a two-lane road that passes her assisted living community, a church, two schools and a busy park that hosts numerous youth sports leagues. “What are you …
Via: Claims Journal