Industry News
A federal judge skewered a $1.5 billion settlement between artificial intelligence company Anthropic and authors who allege nearly half a million books had been illegally pirated to train chatbots, raising the specter that the case could still end up going …
Via: Claims Journal
Block, the technology and financial services company led by Twitter co-founder Jack Dorsey, won the dismissal on Tuesday of litigation claiming it misled shareholders in connection with a large data breach at its Cash App mobile payment service. U.S. District …
Via: Claims Journal
Amazon's autonomous driving unit Zoox started offering rides to the public in Las Vegas, marking a first in the U.S. for a purpose-built robotaxi with no driver controls.
Via: Claims Journal
Sedgwick named Vishy Padmanabhan chief transformation officer. Padmanabhan will manage digital, data and enterprise process initiatives across the company. He will report to CEO Michael Arbour. Padmanabhan has more than two decades of experience leading transformation efforts across banking, insurance …
Via: Claims Journal
The year-over-year average cost of individual ransomware attacks rose by 17% in the first half of 2025, a portfolio claims analysis from cyber risk firm Resilience shows. The new report found that successful attacks are becoming more expensive, a trend …
Via: Claims Journal
Ford is recalling 1.9 million vehicles worldwide due to faulty rear-view cameras, the latest in a series of callbacks over the issue, the automaker said Tuesday. The recall covers various 2015 through 2019 model year Lincoln MKC, Lincoln Navigator, Mustang, …
Via: Claims Journal
When Dave Jones first started talking about climate change and what insurers should be doing about it some 15 years ago, the response could be thought of as something akin to a collective shrug. There wasn’t much to say. Insurance …
Via: Claims Journal
Hurricane experts are urging people to remain prepared for an expected increase in tropical activity later this month after a quiet stretch during the typical peak weeks of the Atlantic hurricane season—and the second half of the season is expected …
Via: Claims Journal
A federal bankruptcy judge on Friday signed off on a $246 million fund to pay abuse claims as part of the Catholic Diocese of Rochester’s Chapter 11 reorganization plan to emerge from bankruptcy. Having witnessed six years of bankruptcy proceedings, …
Via: Claims Journal
Already sluggish adoption of electric vehicles in the US will slow even further after a $7,500 tax credit for EV buyers expires later this month.
Via: Claims Journal