Industry News
Venbrook Group LLC and Cognizant entered into an insurance claims processing services agreement and partnership the companies say will improve the property/casualty claims process lifecycle, create efficiencies and reduce costs for insurance carriers. The collaboration with Venbrook, a P/C claims …
Via: Claims Journal
Pressure may be mounting on Florida’s Citizens Property Insurance Corp. to reduce its use of state-agency arbitration for claims disputes, following new class-action lawsuits, court rulings and national news reports suggesting the alternative dispute resolution avenue is proving to be …
Via: Claims Journal
More than 100 Democratic lawmakers in the U.S. House of Representatives on Wednesday urged the Trump administration to abandon plans to repeal vehicle emission rules. In a letter seen by Reuters, 102 lawmakers led by Representative Doris Matsui called on …
Via: Claims Journal
Microsoft Inc. said on Tuesday that it seized nearly 340 websites tied to a rapidly growing Nigerian-based service that allowed users to carry out phishing operations that stole at least 5,000 Microsoft user credentials. Microsoft obtained an order from the …
Via: Claims Journal
Tesla Inc. reached a confidential deal to resolve a lawsuit by the family of a teenager who was killed in a 2019 California crash involving a Model 3 on Autopilot. The settlement disclosed in court filings marks the latest move …
Via: Claims Journal
Ryze Claim Solutions has Walter Leddy CEO. Leddy will focus on expanding the company’s service offerings and investing in technology and innovation. He will also pursue strategic acquisitions and AI-enabled tools to grow the company’s insurance business. Leddy has more …
Via: Claims Journal
Britain’s largest carmaker, Jaguar Land Rover, said a pause in production due to a cyber attack would now stretch to September 24, extending the stoppage at its British plants to more than three weeks. The luxury carmaker, owned by India’s …
Via: Claims Journal
Motor vehicle traffic deaths in the first half of 2025 are projected to fall 8.2%, the largest first-half reduction since 2008, according to the National Highway Traffic Safety Administration. NHTSA on Tuesday released early estimates that show 17,140 people died …
Via: Claims Journal
Western insurers on Tuesday lost a London High Court bid to appeal against a judgment that hands aircraft lessors $1.0 billion-plus from their war risks insurance policies to cover the loss of jets stuck in Russia since the invasion of …
Via: Claims Journal
Walt Disney, Comcast’s Universal and Warner Bros Discovery have jointly filed a copyright lawsuit against China’s MiniMax alleging that its image- and video-generating service Hailuo AI was built from intellectual property stolen from the three major Hollywood studios. The suit, …
Via: Claims Journal