Industry News
CLARA Analytics has launched Agentic Intelligence, what the company calls “an end-to-end AI workforce” for complex casualty and workers’ compensation claims. The new product is built into the company’s CLARAty.ai platform, assigning a team of AI agents to individual claims …
Via: Claims Journal
Policyholders of a struggling life insurer sued its private equity owner, accusing Golden Gate Capital of self-dealing and mismanaging PHL Variable Insurance Co. to the point that it now faces possible liquidation. A lawsuit filed in Connecticut federal court on …
Via: Claims Journal
Trading firm Sapphire Minmetals and related companies plan to move swiftly with their $2 billion lawsuit against Glencore after a Singapore court appointed KPMG as interim judicial managers of Radiant World, Chairman Rakesh Sethi told Reuters. Radiant World, Sapphire Minmetals …
Via: Claims Journal
tanding on a dais at a General Motors truck engine plant in Flint, executive chief engineer Mark Dickens plays a recording of the company’s all-new V-8 revving up. “I never get tired of hearing the engine roar,” says Dickens, who …
Via: Claims Journal
Total net income for U.S. property/casualty mutual insurers doubled compared to 2024 to about $42.6 billion in 2025 as underwriting income surged to about $14.8 billion from a loss of $7.2 billion in 2024. According to a recent A.M. Best …
Via: Claims Journal
Insurance Journal’s Risky Future series is hosting the “AI Tools for Digital Quoting” Demo Day, a series of free AI tool demonstrations designed exclusively for insurance carriers, retail agents, managing general agencies, agency principals, product leaders. This event will highlight …
Via: Claims Journal
The Trump administration on Monday finalized new lower vehicle fuel economy standards, in the latest effort to make it easier for automakers to sell gas-powered vehicles and to reverse a push by the Biden administration to force automakers to build …
Via: Claims Journal
A U.S. jury ruled that Apple owes San Diego-based Taction more than $5.7 billion for using its patented technology to power the haptic feedback in iPhones and Apple Watches. Apple said it would appeal the country’s largest such verdict to …
Via: Claims Journal
California is facing a potentially multi-billion-dollar flood threat as El Niño gathers strength in the Pacific Ocean. The warming El Niño phenomenon tends to unleash powerful storms in the Pacific, including atmospheric rivers, some of which are named the “Pineapple …
Via: Claims Journal
Slips, trips and falls are a leading cause of injuries and fatalities in the United States. As a result, the cost of these mostly avoidable tragedies results in significant personal and financial loss. To best manage claims, it is essential …
Via: Claims Journal