Industry News
Toyota is recalling 105,794 vehicles in the U.S. over a potential fuel leak that could raise the risk of fire if it reaches an ignition source, the National Highway Traffic Safety Administration (NHTSA) said on Wednesday. Here are some details: …
Via: Claims Journal
The U.S. government is working to address and stop any potential cybersecurity issues stemming from flaws in PHP, a widely used open-source software, that may impact federal agencies and American critical infrastructure, according to a White House official. The programming …
Via: Claims Journal
W.R. Berkley Corp. Chairman, President and CEO W. Robert Berkley, Jr. chose the third quarter of 2026 to enlighten analysts on the insurer’s journey parallel to society’s breakneck adoption of technological advances and its effect on the economy. “My colleagues …
Via: Claims Journal
General Motors plans to offer “eyes-off” autonomous driving on its highest-selling, most profitable vehicles — big pickup trucks and SUVs — as it seeks fresh revenue streams from heavy technology investments. Last year, GM said it would offer autonomous highway …
Via: Claims Journal
Meta Platforms Inc. was ordered to pay a groundbreaking $25 billion civil penalty to the state of New Mexico in a consumer deception case spurred by the Cambridge Analytica scandal. The fine issued by state court Judge Francis Mathew is …
Via: Claims Journal
Government websites in Europe and elsewhere went offline on Wednesday after the disclosure of critical vulnerabilities in a widely used programming language sent website operators scrambling to protect their systems. Developers of the PHP programming language said Tuesday they had …
Via: Claims Journal
Global insured losses from natural catastrophes totaled $92 billion during the first nine months of 2026, dropping 29% below the 10-year average of $128 billion, according to a new report. The losses were the lowest nine-month total since 2019, Gallagher …
Via: Claims Journal
While the Bank of England is busy stress testing the U.K.’s private markets, another threat is looming in the minds of regulators. Turmoil caused by artificial intelligence is among the options being discussed for the BOE’s next system-wide exploratory scenario, …
Via: Claims Journal
The damage wrought cross France by the recent street riots will demonstrate the extent of current insurance coverage, just months before a new state-backed system kicks in, according to DBRS Morningstar analysts. “The latest French unrest reinforces a broader trend …
Via: Claims Journal
New York state investigators arrested 16 people accused of staging car crashes and faking injuries to collect nearly $500,000 from insurers, one of the first major enforcement actions since Governor Kathy Hochul made auto insurance fraud a focus of her …
Via: Claims Journal