Claims / Legal
Judge Rejects U.S. Airlines’ Bid to Quash Price-Fixing Lawsuit
A federal judge rejected a bid by the four largest U.S. airlines to dismiss nationwide antitrust litigation by passengers who accused them of conspiring to raise fares by keeping seating capacity ...
Another Earthquake Strikes Central Italy; Homes and Historic Churches Tumble
A powerful earthquake struck Italy on Sunday in the same central regions that have been rocked by repeated tremors over the past two months, with more homes and churches brought down but no deaths ...
Amtrak’s $265M Settlement Over 2015 Derailment Approved by Judge
A U.S. judge on Thursday signed off on a record $265 million settlement over an Amtrak passenger train crash in Philadelphia in 2015 that killed eight people and injured about 200 others, court ...
Central Italy Slammed by Series of Strong Earthquakes
A series of strong earthquakes hit central Italy on Wednesday, striking fear among residents still rattled by a deadly tremor in August, but there were no reports of casualties. A quake measured at ...
2016 Ransomware Attacks Against Businesses Multiply Rapidly
Ransomware attacks against businesses will be four times higher in 2016 than last year, with a growing number of ransom-seeking hackers demanding bitcoin rather than money, according to a report by ...
U.S. Treasury to Banks: Provide Details on Cyber Attacks
The U.S. government on Tuesday told banks to include details about cyber attacks when filing mandatory reports on fraud and money laundering, saying that will help battle digital crimes that pose "a ...
AIG’s Limits for Terror Cover Quadruple to $1 Billion
American International Group Inc. lifted limits on property claims tied to acts of terrorism to $1 billion as clients ask for more protection in larger cities. The previous limit was $250 million, ...
IACP Conference Report: Claims Has to Up Its Game to Attract New Hires
With the expected exodus of thousands of skilled claims professionals within the next few years, concern is growing among insurers about how to best address the need for experienced claims employees. ...