Claims / Legal
Allstate Warns Q4 Results Will Dip From California Cat and Pension Settlement Losses
Allstate warned that catastrophe losses stemming from this fall's California wildfires and a pension settlement will do significant damage to its 2018 fourth quarter financial results. The ...
Kellogg Co. Credited With Leading Charge for Less Lawsuits, More Worker Arbitration
Former employees of Kellogg Co. are suing the company. Their claims? They allege the cereal giant shouldn't have sued them earlier this year. And why did Kellogg go after its employees in the first ...
Latest California Wildfires Have Produced More Than $9B in Insurance Claims
Insurance claims from the recent spate of California wildfires, including one ranked as the most deadly and destructive in state history, have topped $9 billion and are expected to grow, the state ...
J&J Begins Settling Claims Asserting It Knowingly Sold Defective Hip Implants
Johnson & Johnson has begun settling consumers' claims that it sold artificial hips knowing they were defective, marking the first settlements in the seven-year-old litigation. A federal judge in ...
Sweden’s Wildfires Just One Sign of Growing European Climate Disaster
Hannele Arvonen, the owner of one of Sweden's largest lumber yards, is spending the winter months planning for a new and unexpected threat to her business: regular wildfires raging just south of the ...
Equifax Breach Stemmed From Lack of Modern Tech Security Despite Aggressive Growth
Equifax Inc. failed to modernize its technology security to match the company's aggressive growth strategy and data gathering, a shortcoming that left it open to the 2017 hack that compromised the ...
Big Coal Wants Taxpayers to Cover Costs of Anti-Pollution Technology
Some of the world's biggest fossil-fuel producers are calling on taxpayers to help them kick their pollution habit. The world's biggest oil, natural gas and mining companies are stepping up their ...
State Farm Testing Blockchain Tech for Auto Claims-Related Subrogation
State Farm said it is testing a blockchain product for auto claims-related subrogation. Subrogation is typically the last part of an insurance claims process, where one insurance company recovers ...