Industry News
Alacrity Solutions Group LLC named Tony Triola chief revenue officer. Triola will oversee Alacrity’s revenue strategy, including business development, sales and customer growth initiatives. He has experience in insurance, including leadership positions at Liberty Mutual and Farmers. He was most …
Via: Claims Journal
Allstate CEO Tom Wilson said the insurer has a “technology-drive strategy, not a strategy supported by technology.” And the next step in the strategy is the build of ALLIE – Allstate’s Large Language Intelligent Ecosystem. Speaking to analysts during a …
Via: Claims Journal
Canada and the U.S. are discussing a prospective deal in which Ottawa would agree to a list of Trump administration trade demands in exchange for some relief on sectoral tariffs, the Globe and Mail reported on Friday, citing sources. The …
Via: Claims Journal
The 37-year old man suspected of starting one of the fires burning around Spokane, Washington told a detective that he planned the arson attack for Sunday to coincide with a “high winds” day, according to court documents. That blaze was …
Via: Claims Journal
A New Mexico state court ordered Meta on Thursday to pay $567 million into a teen mental health fund and change how its platforms function for young users after finding the company is to blame for harming children’s wellbeing. Judge …
Via: Claims Journal
OpenAI is asking a federal judge to dismiss a lawsuit filed by Apple Inc. accusing the artificial intelligence company of stealing trade secrets, saying that the iPhone maker’s allegations are meritless. Lawyers for OpenAI said that Apple’s suit falsely portrays …
Via: Claims Journal
A Massachusetts judge has declined to reduce the $91 million damages award she approved last September for a construction worker’s personal injury claim, an award she herself characterized as “grossly excessive” but found is required by statute and precedent. Suffolk …
Via: Claims Journal
Foodborne illness outbreaks have repeatedly disrupted U.S. restaurant chains, triggering recalls, lawsuits and heightened regulatory scrutiny while pressuring customer traffic and sales. Burrito chain owner Chipotle Mexican Grill said on August 4 it removed jalapenos from all its restaurants in …
Via: Claims Journal
Oil prices are giving claims costs a hit, and depending on the part of the country, the exposure for replacement and repair costs of roofing, synthetic flooring or vinyl siding may be considerable and vary broadly, a new report shows. …
Via: Claims Journal
Newswise — Landslides cause an estimated $3-6 billion in damage and multiple fatalities annually in the United States. Those numbers could easily increase as housing needs spur development in landslide-prone areas, and as climate change increases the severity and frequency …
Via: Claims Journal