Industry News
The city of New Haven’s insurance company is insisting that the city pay back the $3.55 million the insurer paid to settle claims over a 2019 rooming house fire in which two people were killed. Pennsylvania Manufacturers Association Insurance Co. …
Via: Claims Journal
Pro-Iranian hackers are targeting sites in the Middle East and starting to stretch into the United States during the war, raising the risk of American defense contractors, power stations and water plants being swept into a wave of digital chaos …
Via: Claims Journal
Insuring vessels to sail through the Strait of Hormuz is still possible, even if at a very high cost, according to people involved in the market. The cost of coverage has leaped to about 5% of the value of a …
Via: Claims Journal
Los Angeles and the U.S. Southwest are set for a second record heat wave in two weeks as temperatures soar, potentially straining electric grids, melting snowpack and raising health risks. Tuesday’s high in downtown Los Angeles is forecast to reach …
Via: Claims Journal
Three Tennessee plaintiffs, including two minors, sued Elon Musk’s xAI on Monday, alleging that it knowingly designed its Grok image generator to let people create sexually explicit content by using real photos of others. The lawsuit, filed in the San …
Via: Claims Journal
A surprisingly large share of consumers are willing to digitally alter claim photos or documents, a new survey shows. More than one-third (36%) said they would consider making an edit, with younger adults leading the way— 55% of Gen Z …
Via: Claims Journal
The British Broadcasting Corp. asked a judge to toss out President Donald Trump’s $10 billion lawsuit over a misleading edit of his speech before the Jan. 6, 2021 assault on the Capitol, arguing the case will chill free speech and …
Via: Claims Journal
Importers across the Gulf are scrambling to secure alternative routes for vital goods – from food to medicines and factory supplies – as the effective closure of the Hormuz strait blocks ports in an import-dependent region. The halt to commercial …
Via: Claims Journal
Encyclopedia Britannica and its Merriam-Webster subsidiary have sued OpenAI in Manhattan federal court for allegedly misusing their reference materials to train its artificial intelligence models. Britannica said in the complaint filed on Friday that Microsoft-backed OpenAI used its online articles …
Via: Claims Journal
A bill to create a statewide framework for handling wildfire smoke damage insurance claims is now making its way through California Legislature. The Smoke Damage Recovery Act, which primary backer Insurance Commissioner Ricardo Lara said stems from the recovery process …
Via: Claims Journal