Insurance
Telecoms Firm Optus Warns Cyber Attack May Have Exposed Australian Clients’ Details
Optus, the Australian unit of telecoms firm Singapore Telecommunications, said it was investigating the unauthorized access of customer details including home addresses, driver’s license and passport numbers, after a cyberattack. Wireless carrier Optus said in a statement on Thursday it …
Read More Banks Face Risk of Being Sued if They Don’t Stick to Their Climate Goals: ECB
Banks face the risk of being sued if they don’t stick to their climate goals or try “greenwashing” their image, a top European Central Bank (ECB) supervisor said on Thursday. Major Wall Street banks have threatened to leave United Nations …
Read More Cities of Paris and New York Join Climate Litigation Against TotalEnergies
The cities of Paris and New York have joined a coalition of associations and local authorities that are suing oil major TotalEnergies for failing to adequately fight climate change, the coalition said in a statement on Wednesday. “All the signals …
Read More Hurricane Fiona on Track to Rake Bermuda Before Heading to Atlantic Canada
Hurricane Fiona is on track to rake Bermuda with damaging winds before driving north toward Atlantic Canada, bringing threats of widespread damage and power outages in its path. Fiona, the strongest storm so far in this year’s Atlantic hurricane season, …
Read More Boeing to Pay $200M to Settle Charges it Misled Investors About 737 MAX
Boeing Co. will pay $200 million to settle civil charges by the U.S. Securities and Exchange Commission that it misled investors about its 737 MAX, which was grounded for 20 months after two fatal crashes killed 346 people, the agency …
Read More Viewpoint: Significant Ruling in PFAS Litigation Could Impact Insurance Coverage
Per- and poly-fluoroalkyl substances, commonly known as PFAS, have served as a key component in numerous industrial and consumer products for decades. These “forever chemicals,” which have been associated with environmental contamination and adverse health outcomes, have garnered steadily-growing attention …
Read More Truck Driver Had Heart Attack, but Accident Still Compensable in North Carolina
Workers’ compensation carriers in North Carolina continue to be bound by a 44-year-old presumption that a death during work duties is work-related, even when a doctor testifies that a heart condition was the cause of death. “The Pickrell presumption is …
Read More Colorado Insurance Agencies RSS and DLP form Conexus Insurance Partners
Westminster insurance agencies RSS Insurance Services and Day Larsen Pedersen Insurance have merged into one, local independent insurance agency serving the Colorado community. The firms are now Conexus Insurance Partners. RSS & DLP have served the Colorado area for a …
Read More Florida Comp Insurers Challenge Hospital Payment Plan. Up Next: Physician Dispensing
A group of workers’ compensation carriers has filed a formal challenge to the state’s hospital reimbursement plan, arguing that payment levels would be far out of line with what other states allow and what other insurers pay in Florida for …
Read More New Report on California Workers’ Comp Medical Payment Trends
The Workers’ Compensation Insurance Rating Bureau of California released an updated California Workers’ Compensation Aggregate Medical Payment Trends report for 2021. The latest annual report compares medical payment information from 2019 through 2021. It analyzes medical payment and utilization trends …
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