Industry News
Shippers in Asia and Europe said confidence in resuming transit through the Strait of Hormuz could take weeks to rebuild and navigation will only restart once safety is assured, after the U.S. and Iran agreed on a framework deal to …
Via: Claims Journal
The administrator of a bankruptcy plan for the genetics-testing company once known as 23andMe agreed to dole out a total of $46.75 million to victims in a deal to end litigation stemming from a 2023 data breach. According to records …
Via: Claims Journal
Regulators at the Virginia Bureau of Insurance are raising issues with Airbnb over its Host Damage Protection (HDP) program, maintaining that it is an insurance product and Airbnb is offering it without being properly licensed. The State Corporations Commission has …
Via: Claims Journal
A federal appeals court affirmed the conviction of a former Texas police chief who arranged the destruction of a personal vehicle, falsely reported it stolen and received insurance proceeds. The United States Fifth Circuit Court of Appeals ruled that a …
Via: Claims Journal
When I talk to my son, an engineering student, and we have a question or disagreement, he immediately turns to ChatGPT as his primary source of information and confirmation. He is not alone in this. The use of generative AI …
Via: Claims Journal
The U.S. Transportation Department said last Wednesday it is rescinding part of its long-standing civil rights regulations that prohibit conduct that has an unintended “disparate” impact. In April 2025, President Donald Trump ordered federal agencies not to enforce laws that …
Via: Claims Journal
Several tornadoes struck northern and central Illinois and northwest Indiana on Thursday, causing damage in multiple towns. The National Weather Service confirmed multiple tornadoes occurred in or near Streator, Illinois, Merrillville, Indiana and Hebron. Indiana. The storm corridor extended to …
Via: Claims Journal
They recommend easing the framework to require 70% of EU-made vehicles to contain at least 70% of the value of work and components from member state countries as well as Norway, Iceland and Liechtenstein.
Via: Claims Journal
Cumulative trauma claims have risen sharply in recent years and they are driving changes in claim characteristics, costs and claim outcomes, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California’s Emerging Patterns of Cumulative Trauma Claims report …
Via: Claims Journal
Nashville residents will likely remember the massive fire—one year ago this week—that destroyed the downtown library’s parking garage, totaled dozens of vehicles, and left the library closed for months. Travelers Excess & Surplus Lines, which had provided a multimillion-dollar policy …
Via: Claims Journal