Industry News
It is often said that things in life (good or bad) happen in threes. Whether this is true is beyond this author’s expertise. However, when it comes to Workers’ Compensation Medicare Set-Asides (WCMSAs), the financial arrangements to ensure that Medicare …
Via: Claims Journal
Snowy and blustery conditions are spreading across the U.S. Midwest, triggering power outages and potential ground and air delays on the eve of the Thanksgiving holiday.
Via: Claims Journal
OpenAI defended itself against a lawsuit accusing ChatGPT of coaching a 16-year-old to kill himself, saying the chatbot directed the teenager to seek help more than 100 times. In a court filing Tuesday, the artificial intelligence startup called the death …
Via: Claims Journal
Barrick Mining Corp. has agreed to a 244 billion CFA francs ($430 million) settlement with Mali, as part of a deal to end a two-year dispute that shuttered one of the company’s most important gold operations, according to people familiar …
Via: Claims Journal
A central Georgia insurance agency owner and former Alfa insurance agent of the year must serve more than two years in prison after pleading guilty to bank fraud and misusing more than $220,000 in premiums. Jeremy Lasseter, who owned a …
Via: Claims Journal
Warner Music Group Corp. and Suno, a generative-artificial intelligence music startup, settled their copyright lawsuit and agreed on a new partnership for creating music. Warner and the other major record labels sued Suno and its competitor Udio last year, accusing …
Via: Claims Journal
In a lawsuit begun more than a decade ago and which led to counter-suits, appeals to the Florida Supreme Court and attention from national tort-reform groups, a Palm Beach County jury has awarded more than $50 million to the former …
Via: Claims Journal
Thanksgiving is the No. 1 day of the year for home cooking fires in the U.S., and leaving food unattended is the leading cause of those incidents, the Red Cross reported. According to the National Fire Protection Association, cooking accounts …
Via: Claims Journal
Most insurance consumers (64.3%) are worried that lawsuits increase their premiums, and an even larger majority of consumers think the legal system is being used in ways that drive up insurance costs, according to a new survey from the Independent …
Via: Claims Journal
Utilities across the U.S. and Europe are contracting with AI startups to map wildfire risk along thousands of miles of power lines.
Via: Claims Journal