Industry News
Insurance Journal’s Risky Future series is hosting the “AI Tools for Digital Quoting” Demo Day, a series of free AI tool demonstrations designed exclusively for insurance carriers, retail agents, managing general agencies, agency principals, product leaders. This event will highlight …
Via: Claims Journal
The Trump administration on Monday finalized new lower vehicle fuel economy standards, in the latest effort to make it easier for automakers to sell gas-powered vehicles and to reverse a push by the Biden administration to force automakers to build …
Via: Claims Journal
A U.S. jury ruled that Apple owes San Diego-based Taction more than $5.7 billion for using its patented technology to power the haptic feedback in iPhones and Apple Watches. Apple said it would appeal the country’s largest such verdict to …
Via: Claims Journal
California is facing a potentially multi-billion-dollar flood threat as El Niño gathers strength in the Pacific Ocean. The warming El Niño phenomenon tends to unleash powerful storms in the Pacific, including atmospheric rivers, some of which are named the “Pineapple …
Via: Claims Journal
Slips, trips and falls are a leading cause of injuries and fatalities in the United States. As a result, the cost of these mostly avoidable tragedies results in significant personal and financial loss. To best manage claims, it is essential …
Via: Claims Journal
Production of Ford Motor’s best-selling F-150 pickup truck has been halted for nearly a week at a Detroit-area plant, according to a memo viewed by Reuters. All production crews at Dearborn Truck Plant were canceled starting Thursday, through Tuesday, September …
Via: Claims Journal
An Alabama jury will hear the state’s claims that TikTok and its Chinese parent company ByteDance made the platform addictive to young users and misled consumers about its safety, in the first case against the company to reach trial in …
Via: Claims Journal
A new code for public adjusters that would create a board to put ethics violations in front of state regulators was introduced on Friday. The Public Adjusting Code of Professional Conduct is being pushed by a coalition of more than …
Via: Claims Journal
State Farm says it plans to increase the size of its claims workforce by 10%, or about 3,000 employees, starting in 2027. The Bloomington, Illinois-based carrier reports roughly 30,000 claims employees across the country. State Farm handles nearly 11 million …
Via: Claims Journal
Insurance Australia Group said on Friday it had agreed to settle an A$2.8 billion ($1.96 billion) Credit Suisse lawsuit over losses linked to the collapse of finance firm Greensill Capital. Here are some key details: The insurer did not disclose …
Via: Claims Journal