Industry News
Oil prices climbed to around $110 a barrel on Thursday after President Donald Trump said the U.S. would continue attacks on Iran, stoking fears of prolonged disruptions to oil supply. Brent crude futures LCOc1 were up $7.96, or 7.9%, to …
Via: Claims Journal
It’s been more than two years since I wrote an analysis based on Surplus Line Association of California insight and data for an Insurance Journal article forecasting that the state’s homeowners insurance market was entering a structural transition driven primarily …
Via: Claims Journal
California is heading into its dry season with just a fraction of the snow it typically has across its highest peaks at the end of its winter months, raising the prospects of drought across the most populous U.S. state. Statewide, …
Via: Claims Journal
Volkswagen is recalling 75,323 cars in the U.S. over an instrument panel display failure, the U.S. National Highway Traffic Safety Administration said on Wednesday. Related: Stellantis Recalling 178,000 Mini Vans in US Over Side-Curtain Airbag Issue Here are some details: …
Via: Claims Journal
The Pennsylvania Supreme Court has concluded that an individual who is the sole owner and employee of a business is not required to provide his insurance carrier with notice of his work-related injury within 120 days to qualify for workers’ …
Via: Claims Journal
Hailstorms drove record insured damages as severe convective storms become more common and damaging, popping up in new places, a new report shows.
Via: Claims Journal
Air traffic controller staffing at LaGuardia airport on the night an Air Canada jet collided with a fire truck may have violated the facility’s procedures by combining roles before midnight, according to a document seen by Reuters. The crash at …
Via: Claims Journal
Perplexity AI Inc. was accused in a lawsuit of surreptitiously sharing the personal information of its users with Meta Platforms Inc. and Alphabet Inc.’s Google in violation of California privacy laws. As soon as users log into Perplexity’s home page, …
Via: Claims Journal
Small- and medium-sized businesses (SMB) are especially at risk being struck by a new trend—a rise in cyber privacy litigation. “Privacy risk is no longer just about data breaches”, said Andy Thomas, CEO of KYND. A new report from the …
Via: Claims Journal
Data centers don’t make headlines until something goes wrong. Then, suddenly, everyone notices. These huge facilities keep the internet working, cloud services running smoothly and AI programs going strong. They are some of the most important and valuable parts of …
Via: Claims Journal