Monthly Archives: <span>June 2024</span>

U.S. Health Dept Lets UnitedHealth Notify Victims of Data Breach

The U.S. Department of Health and Human Services (HHS) has agreed to allow UnitedHealth Group to notify people whose data was exposed during a hack on its Change Healthcare unit in February, the Wall Street Journal reported on Wednesday. The …

U.S. Business Owners Seek Higher Insurance Coverage as AI, Election Risks Loom, Survey Shows

Artificial intelligence and U.S. election have emerged as significant risks to businesses this year with an overwhelming 80% of owners worried their insurance will not cover a specific loss, a survey by insurance brokerage Gallagher showed on Wednesday. Companies are …

Wells Fargo Racial Disparity Case Heads to Class Action Decision

Wells Fargo & Co. faces a decision as soon as this month on whether a lawsuit over its pandemic-era mortgage denials to non-White applicants gets class-action status, a key turning point in a high-profile and potentially costly case. The bank, …

Report Shows Trust Top Driver of Auto Insurance Customer Satisfaction

High auto insurance premiums don’t necessarily erode customer satisfaction with auto insurers, according to the latest J.D. Power 2024 U.S. Auto Insurance Study. The study, in its 25th year, has been redesigned to measure auto insurer customer satisfaction based on …

RTX Accused of Discriminating Against Over-40 Job Applicants

RTX Corp. is facing a proposed class-action lawsuit accusing the world’s largest aerospace and defense company of discriminating against older workers in hiring. The company reserves many jobs only for recent college graduates, excluding candidates who are 40 or older, …

How Smart Insurance Adjusters Are Prepping for Hurricane Season

The 2024 Atlantic hurricane season is fast approaching, and with preliminary forecasts predicting one of the most active seasons on record, there are plenty of how-to guides and checklists out there to help corporations and homeowners proactively prepare for what …

Contractors Can’t Advertise ‘Insurance Negotiating’ Skills, Texas Supreme Court Says

A contractor cannot be the public adjuster on a claim and cannot advertise itself as an insurance claims negotiator if it does not hold an adjusters’ license, the Texas Supreme Court decided in a case that could give support to …

Workers’ Comp Fraud Task Force Uncovers $30M Scheme in California

A pair of businessmen were arraigned on multiple felony counts including insurance fraud, grand theft, and tax fraud after a California Department of Insurance investigation found they allegedly underreported over $29.2 million in payroll to illegally save on workers’ compensation …

Cold Stone Creamery Faces Lawsuit Over Lack of Real Pistachios in Pistachio Ice Cream

Is it nuts to assume a scoop of pistachio ice cream should contain actual pistachios? Or how about real butter in a dish of butter pecan? Such weighty questions about a favorite summertime confection could soon be decided by the …

Latest Trial Over Zantac Cancer Claims Called Off as Plaintiff Drops Case

A woman who claimed in a lawsuit that GSK’s discontinued heartburn drug Zantac caused her breast cancer dropped her case shortly before it was set to go to trial in Illinois state court on Monday, the company announced. GSK said …