Monthly Archives: <span>August 2024</span>

Experts Say More Collaboration Needed for Critical Infrastructure Cyber Risk

Insurers continue to grapple with elusive and ever changing cyber risks in the critical infrastructure sector, and Matthew McCabe, managing director for Guy Carpenter’s Cyber Center of Excellence, said he sees a three-party system emerging between insurers, policyholders, and the …

NHTSA: 51 Million Air Bag Inflators Pose Safety Risks Despite Automaker Objections

A U.S. regulator said on Wednesday it still believes that air bag inflators in 49 million U.S. vehicles assembled by 13 automakers pose serious safety risks and it is considering issuing a recall. The issue has been linked to one …

TikTok Sued by US for Allegedly Breaking Kids’ Privacy Law

TikTok was sued by the US for allegedly collecting data on children in violation of an online privacy act, three months after the popular video app sued the government over a law that could ban it across the country. In …

Insurer’s Lack of Repairs Caused Woman’s Death After Ian, Florida Lawsuit Says

Just as another hurricane hit Florida, the child of a central Florida woman is litigating a claim from a previous storm – Hurricane Ian in 2022. This time, though, the plaintiff claims not only breach of contract by a Florida …

Legislation Will Provide $100M in Aid to Victims of Wildfires and Flooding in New Mexico

New Mexico Gov. Michelle Lujan Grisham has signed legislation that will provide $100 million in emergency aid to victims of recent wildfires and flooding in Lincoln County. The spending bill includes $70 million for local governments to use as zero-interest …

Medical Worker Wants Home Insurance to Cover Her Against Patients’ Data Claims

A Connecticut clinical social worker believes her homeowners insurer should defend and indemnify her against claims she violated patients’ privacy by accessing and sharing their private medical information. She says the lawsuit against her triggers her homeowners coverage because the …

Insurers’ Losses from Hurricane Beryl Will be ‘Readily’ Absorbed

Insurers’ losses from Hurricane Beryl will be “low and readily absorbed” and the storm is not expected to change pricing conditions in the property/casualty and reinsurance sectors, Moody’s said. Beryl made landfall along the Texas coast as a category 1 …

Wisconsin Company Faces $367K Fine for Endangering Workers

Had John’s Disposal Service Inc. and John’s Recycling Inc. in Franksville, Wisconsin followed federal safety standards, a temporary maintenance worker might not have suffered severe injuries when their jacket sleeve was pulled into an engine as they serviced a vehicle …

Ohio Supreme Court Orders City to Pay $30M Police Brutality Judgment

The Ohio city of East Cleveland must pay a $30 million jury verdict awarded to a man who police wrongly assaulted, arrested and detained, the state’s highest court has ordered. The victim, Arnold Black, went to court in February 2023 …

Colorado Workers with Bird Flu Toiled in Heat, Without Effective Protective Gear

Colorado workers who contracted bird flu were working during extreme heat and under large fans, factors that made wearing protective equipment difficult and potentially contributed to their infections, the U.S. Centers for Disease Control and Prevention said. The CDC had …