Industry News
Justin Stoneman has been in the trucking industry for 27 years, operating out of central Michigan’s agricultural heartland. Hauling grain and fertilizer around the Midwest, his 12-odd tractor trailers generated more than $3 million in annual revenue during their best …
Via: Claims Journal
Barclays Plc is looking to buy default protection on more than $10 billion of debt to finance artificial intelligence infrastructure in a bid to create capacity for more lending as hyperscaler funding needs soar. The London-based lender has been assessing …
Via: Claims Journal
A growing source of cyber insurance claims is wrongful data collection. Even though the cost of these claims individually is generally low, their rising frequency should be of concern to underwriters and policyholders. California has now narrowed one of the …
Via: Claims Journal
General Motors will pay $220 million to settle allegations that it illegally sold drivers’ private behavior and location data to brokers, who then sold the information to insurers that used it to set and sometimes increase rates. The settlement, announced …
Via: Claims Journal
A South Korean court on Thursday rejected a lawsuit by dozens of Tesla owners seeking full refunds for money paid for “Full Self-Driving” driver-assistance software, ruling that the automaker had not breached its contractual obligations. The Seoul Central District Court …
Via: Claims Journal
The U.S. Federal Trade Commission and a group of eight states sued Toast Inc., alleging the restaurant management and financial technology company falsely told customers they could try its products for free before enrolling them in a subscription that was …
Via: Claims Journal
California is bracing for flooding as an atmospheric river delivers a glancing blow to the south of the state, before moving across northern Mexico into the U.S. Southwest.
Via: Claims Journal
Global insured losses from natural disasters dipped to $91 billion through the third quarter of 2026, marking the lowest nine-month total since 2019, according to a new report. Aon’s Global Catastrophe Recap: Third Quarter of 2026 shows insured losses at …
Via: Claims Journal
The only thing that may be keeping pace with the growing capabilities of artificial intelligence is the reaction to AI, which includes a proliferation of laws and regulations. More than 1,500 AI-related bills have so far been introduced in 2026, …
Via: Claims Journal
As black lung disease hits a 50-year high among Central Appalachian coal miners, protections and compensation from the federal government are not keeping pace, says a recent report from Reimagine Appalachia and the Appalachian Citizens’ Law Center. The groups found …
Via: Claims Journal