Industry News
Florida lawmakers established the Birth-Related Neurological Injury fund in 1988 to provide a no-fault remedy for parents of children with certain injuries incurred at birth, with an aim toward reducing the soaring cost of medical malpractice claims. But hospitals cannot …
Via: Claims Journal
All it takes is one hacker and a batch of faulty solar panels to threaten the safety of Europe’s electric grid. Vangelis Stykas, a cybersecurity consultant, said he figured out how to do it. Using a laptop and smartphone at …
Via: Claims Journal
The U.S. Supreme Court dismissed on Wednesday an appeal by artificial intelligence chipmaker Nvidia seeking to avoid a securities fraud lawsuit by shareholders who accused the company of misleading investors about how much of its sales depended on the volatile …
Via: Claims Journal
Google on Wednesday defeated an attempt in a London court to revive a lawsuit brought by a hospital patient on behalf of 1.6 million people over medical records provided to the U.S. tech giant by a British hospital trust. The …
Via: Claims Journal
A United Parcel Service (UPS) driver who was intoxicated when he crashed his semi-trailer delivery truck has been denied workers’ compensation benefits. Delaware Superior Court Judge Kathleen Vavala last week reversed a state Industrial Accident Board (IAB) ruling that Timothy …
Via: Claims Journal
Sdii Global LLC, a forensic engineering and consulting firm primarily supporting claim resolution for the property/casualty insurance industry, completed the acquisition of Roar Engineering Inc. in Mississauga, Ontario. Roar and Sdii will continue to operate independently while sharing cross-platform resources. …
Via: Claims Journal
Starbucks Corp.’s system for logging employee hours is back online nearly three weeks after a vendor hack had forced the company to keep track of schedules by hand. Starbucks worked with third-party software supplier Blue Yonder Group, which was hit …
Via: Claims Journal
Farmers Insurance said on Wednesday it will resume offering coverage for multiple lines of insurance in California to new customers. The lines include condominium, renters, umbrella, landlord, vacant and manufactured home. Many of the reopened coverage offerings had been temporarily …
Via: Claims Journal
Uber Technologies Inc. is asking New York City’s taxi regulator to reconsider proposed changes to commercial auto insurance requirements, saying they may unintentionally leave thousands of drivers in one of the company’s largest markets unable to insure their vehicles. Uber …
Via: Claims Journal
At the Florida Chamber of Commerce Insurance Summit last week, the state’s emergency management director announced a multi-million-dollar program that many homeowners, lawmakers and insurers have long hoped for: New grants and low-interest loans that will help elevate homes above …
Via: Claims Journal