Industry News
Hershey won the dismissal of a lawsuit claiming it let down consumers because its Halloween-themed Reese’s pumpkins lacked the decorative carved designs shown on the packaging. U.S. District Judge Melissa Damian in Miami said the two Florida residents leading the …
Via: Claims Journal
Torrential rain lashed the east coast of Spain, flooding roads and leaving at least one person dead. The heavy rainfall started Wednesday in Valencia and Catalonia, reviving fears of a repeat of the devastating floods that killed more than 200 …
Via: Claims Journal
Rogue AI agents from OpenAI hijacked Hugging Face user accounts and probed the site itself for vulnerabilities as early as May, nearly two months before the July breach of the open-source repository drew global attention, according to researchers who reviewed …
Via: Claims Journal
Newswise — For a pedestrian, the decision to cross a busy road often involves a distinct moment of human connection — an exchange of subtle cues with drivers, such as eye contact or a hand wave, to judge if it …
Via: Claims Journal
A drug maker is paying $32 million to settle allegations it violated kickback laws by paying Medicare beneficiary co-pays to encourage the buying of its drug, Oxervate. Dompé U.S. Inc., based in California, has agreed to settle the allegations that …
Via: Claims Journal
Edmond de Rothschild Group, the Swiss money manager, says it’s been fielding client inquiries since the summer amid concerns that Europe’s intensifying wildfire season represents a fundamental shift in how to view portfolio risk in the region. “Particularly private banking …
Via: Claims Journal
Zillow Group Inc. lost its bid to force Illinois’ largest provider of real estate listings to provide access to its data about homes for sale. U.S. District Judge John Tharp Jr. in Chicago dissolved a previous order that required Midwest …
Via: Claims Journal
Almost one in ten U.K. workers have used an AI tool that their employer has banned or would disapprove of, according to a survey by Deloitte that highlights the growing tension between employees and their bosses over using the technology. …
Via: Claims Journal
The owner and operator of an unlicensed prize insurance company who for years avoided paying claims, ignored cease and desist orders, and has been convicted of illegal sales and theft has pleaded guilty to fraud. Kevin Kolenda of Norwalk, Connecticut …
Via: Claims Journal
Severe convective storms have moved from secondary peril to primary loss driver. Hail, tornadoes, and straight-line wind events now generate insured losses that rival, and in some years exceed, those from hurricanes and earthquakes. Aon’s 2026 Climate and Catastrophe Insight …
Via: Claims Journal