Industry News
Cybercriminals are prioritizing long-term leverage over immediate disruption, according to a new report showing that in the second half of 2025, more than two-thirds of ransomware attacks leveraged data theft and not encryption. Cyber insurance claims data from Resilience shows …
Via: Claims Journal
Wynn Resorts on Tuesday said hackers had obtained employee data and that the company was investigating the breach. Michael Weaver, Wynn’s chief communications officer, said in an email Tuesday that the company learned that “an unauthorized third party acquired certain …
Via: Claims Journal
A federal judge in California on Tuesday dismissed a lawsuit from Elon Musk’s artificial intelligence startup xAI that accused rival Sam Altman’s OpenAI of stealing its trade secrets. U.S. District Judge Rita Lin in San Francisco said that xAI could …
Via: Claims Journal
Success for the property/casualty industry in 2025 was marked by rate increases and investment income, but plateauing or softening rates in many lines of business in 2026 may pressure financial results in 2026, said AM Best. In a new report, …
Via: Claims Journal
Roughly 10,000 luxury watches were registered as lost or stolen in 2025, equating to more than one watch an hour registered on a tracking plaform every hour. That’s according to The Watch Register, a database used by watch dealers, jewelers, …
Via: Claims Journal
It’s been more than a year since the Palisades and Eaton Fires in Los Angeles, and attorneys who work in first‑party property claims are still seeing a steady rise in disputes. That trend isn’t slowing down anytime soon—these claims will …
Via: Claims Journal
The GFS developed by NOAA was ultimately correct about the storm's impacts on NYC, but it overstated the threat in parts of the Mid-Atlantic and the duration was off.
Via: Claims Journal
Ford is recalling 412,774 Explorer SUVs in the U.S., citing an issue with rear suspension toe links, which may fracture, leading to a loss of steering control, the U.S. National Highway Traffic Safety Administration said on Tuesday. The regulator suggested …
Via: Claims Journal
A U.S. judge has refused to dismiss a lawsuit accusing Tesla of discriminating against American citizens in hiring so it can pay less to foreign workers, but said he was skeptical that the software engineer who sued would prevail. U.S. …
Via: Claims Journal
By gutting climate regulations, the president has freed U.S. automakers to sell as many gas-burning trucks and SUVs as they can.
Via: Claims Journal