National News

The Murdaugh Drama Continues: Store That Sold Beer Now Suing its Insurers

The saga of the Murdaugh family in South Carolina continues, now with a convenience store company suing its liability insurers for failing to defend it against a second lawsuit stemming from the sale of beer to an underage Paul Murdaugh …

U.S. P/C Insurance Industry Posts First H1 Underwriting Profit Since 2021

The U.S. property/casualty insurance industry recorded a net underwriting gain of $3.7 billion and net income of $94.6 billion for the first-half of 2024, according to a new report. “After years of consistent losses, premium growth is helping the overall …

Southern California Edison Seeks to Recover $1.6B of Wildfire-Related Losses

Southern California Edison, a unit of utility Edison International said on Thursday it was seeking approval for a settlement agreement to recover nearly 60% of losses related to wildfires and mudslides in 2017 and 2018. Under the agreement with the …

Typhoon Shanshan Churns Over Japan, Dumping Heavy Rain

Typhoon Shanshan weakened to a tropical storm after hitting Japan’s southwestern island of Kyushu, with the government continuing to warn that landslides could be triggered by heavy rain as the weather system beats its way slowly across the country in …

Game Theory and Worker’s Comp: Understanding Stakeholder Frictional Maps

In the complicated and highly regulated world of workers’ compensation, predicting the trajectory and resolution of a claim can be an intricate challenge. The interactions among injured workers, employers, insurance adjusters and treating physicians significantly influence how quickly a claim …

Chinese Hackers Exploited Bug to Compromise Internet Companies, Cybersecurity Firm Says

A Chinese hacking group exploited a software bug to compromise several internet companies in the United States and abroad, a cybersecurity firm said on Tuesday. Researchers at the firm Lumen Technologies said in a blog post that the hackers took …

Dick’s Sporting Goods Discloses Unauthorized Third-Party Access to Information

Dick’s Sporting Goods said on Wednesday it discovered last week that an unauthorized third party had access to its information systems, including certain confidential data. Cyber attacks have become increasingly common with corporate companies having to engage law enforcement to …

Meta Faces $3.6M Fine on Brazil Following Suit Over Bogus Havan Ads

Meta Platforms faces a fine of up to $3.62 million after losing a lawsuit by Brazilian department store chain Havan that accused the social media company of accepting paid advertisements that fraudulently use the retailer’s name to deceive consumers. A …

TikTok Must Face Lawsuit Over 10-Year-Old Girl’s Death, Court Rules

A U.S. appeals court has revived a lawsuit against TikTok by the mother of a 10-year-old girl who died after taking part in a viral “blackout challenge” in which users of the social media platform were dared to choke themselves …

Robots Are Starting Fires in California — and That’s a Good Thing

Cody Chiverton has spent the past decade lighting fires. As a former firefighter with the U.S. Forest Service, he participated in dozens of prescribed burns across the American West, in which fire-prevention teams would carry drip torches to ignite dry …

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