Industry News
Kirsten Davies, the Pentagon’s chief information officer, said the potential significance for the U.S. of the recent supermarket freezer hacks in Europe dawned on her abruptly when she first read about them. “Holy cow! What else uses refrigeration?” she recalled …
Via: Claims Journal
For years, portions of the construction and restoration industries have encouraged a troubling expectation among homeowners: when a roof ages or major repairs become necessary, wait for the next storm or disaster and let insurance pay for it. Insurance is …
Via: Claims Journal
At least eight people have died and more than 17 including seven children and one firefighter have been injured in a building collapse in Brooklyn. The New York Fire Department (FDNY) responded within one minute to a 4:01 p.m. call …
Via: Claims Journal
In October, Shell Plc held a “DE&I in Action and World Mental Health” day, focused on inclusion and mental wellbeing. Staff in the U.S. and elsewhere were encouraged to reflect on their experiences at work, to “practice care, courage and …
Via: Claims Journal
National agencies around the world have not published enough air accident reports to generate recommendations that could improve safety for the flying public, advocates said on the sidelines of an industry conference on Thursday. Final reports are published for only …
Via: Claims Journal
A group of nonprofits sued OpenAI, Anthropic, SpaceX’s AI division, Meta Platforms and Alphabet’s Google on Thursday, seeking to block the further development of the most advanced AI models over concerns, voiced by the companies’ own leaders, that the technology …
Via: Claims Journal
Free Virtual Event on November 17 Will Feature Expert Panels on Cyber Risk, Commercial Auto, Terrorism and Natural Catastrophes November 10, 2026 — From AI-powered cyberattacks and escalating commercial auto verdicts to geopolitical instability and increasingly costly natural catastrophes, the …
Via: Claims Journal
Zurich Insurance Group AG said it saw elevated natural catastrophe losses in its property & casualty business in the third quarter, following storms in Germany, Italy and Switzerland. The natural catastrophe loss ratio in the unit rose to 3.2% in …
Via: Claims Journal
Nvidia Corp. Chief Executive Officer Jensen Huang, the preeminent face of the AI infrastructure boom, was ousted from his post after reports of two affairs, including with one woman who is suspected of spying for China. Chief Financial Officer Colette …
Via: Claims Journal
The tally of losses from the historic wildfires in Washington over the summer continues to grow, but by so do the lessons being learned. Insured losses from the wildfires that plagued Washington for nearly half the summer are nearing $1 …
Via: Claims Journal