Insurers Face Business Interruption Claims After Global Tech Outage July 22, 2024 By Noor Zainab Hussain Insurers could face a raft of business interruption claims after a worldwide tech outage crippled industries from travel to finance...
Without Backup Plans, Global IT Outages Will Happen Again July 22, 2024 By James Pearson Elements of Friday’s global IT outage, which grounded planes and hit services from banking to healthcare, have occurred before and...
Global IT Collapse Puts Cyber Firm CrowdStrike in Spotlight July 19, 2024 By Jordan Robertson and Shona Ghosh Behind a massive IT failure that grounded flights, upended markets and disrupted corporations around the world is one cybersecurity company:...
Six Claims Management Providers Join Forces as Claim Assist Solutions January 11, 2024 By Jim Sams Six independent claims shops are joining forces under a common brand name, Claim Assist Solutions, and will share a propriety...
Xfinity Notifies its Customers of Data Breach Linked to Software Vulnerability December 20, 2023 NEW YORK (AP) — Hackers accessed Xfinity customers` personal information by exploiting a vulnerability in software used by the company,...
GM’s Autonomous Vehicle Unit Recalls Cars for Software Update After Dragging a Pedestrian November 9, 2023 By Tom Krisher DETROIT (AP) — General Motors` Cruise autonomous vehicle unit is recalling all 950 of its cars to update software after...
Tesla Recalls 362,000 U.S. Vehicles over Full Self-Driving Software February 17, 2023 By David Shepardson Tesla Inc. will recall more than 362,000 U.S. vehicles to update its Full Self-Driving (FSD) Beta software after U.S. regulators...
Alcon to Pay Johnson & Johnson $199M to Settle Eye-Laser Cases February 13, 2023 By Blake Brittain Alcon Vision LLC will pay Johnson & Johnson’s J&J Surgical Vision Inc $199 million to settle legal battles over intellectual...
Ransomware Outbreak Hits Florida Supreme Court, US and European Universities February 7, 2023 By James Pearson and Raphael Satter A global ransomware outbreak has scrambled servers belonging to Florida’s Supreme Court and several universities in the U.S. and Central...
Vista to Take Duck Creek Technologies Private in $2.6B Deal January 9, 2023 By Manya Saini Duck Creek Technologies, which serves some of the biggest clients in the property and casualty sector, will be taken private...