Almost two years after a group of independent claims adjusters alleged that insurers had deceptively altered their damage estimates and low-balled policyholders, Florida’s chief financial officer has issued an emergency rule barring similar actions in Hurricane Milton claims. “Any move …
HSBC on Thursday appealed a tribunal’s decision to reinstate a female, senior investment banker’s lawsuit that alleges the bank victimized and discriminated against her when it did not hire her for a senior sales position in 2018. Carmen Chevalier-Firescu, 41, …
The total damage and economic loss from Hurricane Milton will be between $160 billion and $180 billion, according to a preliminary estimate from AccuWeather on Thursday. After making landfall as a Category 3 hurricane, Milton will go down as one …
Hurricane Milton roared ashore in Florida near Sarasota late Wednesday knocking out power to more than 3 million customers and causing widespread flooding. But officials were cautiously optimistic that damage won’t reach the level wrought by Hurricane Ian in 2022. …
Ransomware claims severity spiked by 68% to an average loss of $353,000, according to a new report by a cyber insurance provider. Coalition published its 2024 Cyber Claims Report: Mid-year Update, which details emerging cyber trends and their impact on …
GSK Plc said it will pay as much as $2.2 billion to resolve about 80,000 US court cases related to allegations that its old reflux medication Zantac was contaminated with a suspected carcinogen. The cases represent about 93% of those …
Cyber crime syndicates raked in as much as $37 billion last year and are intensifying operations across Southeast Asia despite mounting law enforcement efforts, the United Nations said. “The transnational organized crime threat landscape in Southeast Asia is evolving faster …
The Doan Group is adding a new franchise serving New York and New Jersey. New franchise owner Hashim Jaludi began his career as a field appraiser for several national providers, and has experience in liability determination, settlement negotiation and experiense …
With Hurricane Milton now expected to produce several hundred thousand wind-damage claims and with the storm coming so soon on the heels of Hurricane Helene, industry leaders are bracing for significant delays in claims adjusting. “We’re competing with Helene,” said …
An Afghan citizen has been arrested in Oklahoma City for suspicion of conspiring to commit a terrorist attack during the November U.S. elections on behalf of the terrorist organization the Islamic State of Iraq and al-Sham. Nasir Ahmad Tawhedi, 27, …