Industry News
Insurance Journal’s Risky Future series is hosting the “AI Tools for Aerial and Geospatial Intelligence” Demo Day, a series of free AI tool demonstrations designed exclusively for carriers, MGAs, claims professionals, underwriters, risk managers and more. Focused on advanced property …
Via: Claims Journal
Insurers through the first nine months of 2025 recorded an underwriting profit of $35.3 billion—far above a $4 billion result at the same point the year prior. As public insurance companies announce fourth quarter and full-year earnings, Verisk and the …
Via: Claims Journal
States in the U.S. West are grappling with an unusually warm, arid winter that is ramping up fire risk in some areas, driving utilities to take drastic precautions, including sometimes shutting off the power in a bid to keep their …
Via: Claims Journal
Singapore’s four telecom companies, Singtel, StarHub, M1 and Simba Telecom, were targeted by cyber espionage group UNC3886 in attacks last year, Singapore’s Cyber Security Agency said on Monday. The agency said the hackers were able to penetrate and gain access …
Via: Claims Journal
The U.S. labor board is abandoning a yearslong legal battle against Elon Musk’s SpaceX and signaling it will steer clear of future cases against the company. Two years after issuing a complaint accusing the aerospace firm of firing eight engineers …
Via: Claims Journal
Xceedance named Gavin Lillywhite senior vice president, business development covering the U.K. and continental European markets. Lillywhite was previously senior vice president, operating leader for UKI and Europe. Related: Xceedance Names Lillywhite Senior Vice President, Operating Leader for U.K. And …
Via: Claims Journal
China’s Nio is recalling 246,229 vehicles due to a software issue that poses safety hazards, marking the largest recall by a homegrown electric vehicle maker. The recalled EVs include models ES8, ES6 and EC6 and were manufactured between March 16, …
Via: Claims Journal
Novo Nordisk is suing Hims & Hers Health Inc. for making knock-offs of its obesity medicines, even as Hims scrapped plans to sell a copycat version of the Wegovy pill.
Via: Claims Journal
A California state court case over whether Instagram and YouTube harmed a woman’s mental health through addictive app design kicks off on Monday with opening statements, in a test of whether Big Tech platforms can be held liable for harming …
Via: Claims Journal
A New York man has been arrested and charged for allegedly conspiring to use hacked email accounts of legitimate truck-load carriers to book cargo with shippers and selling the items for illicit profit. Forbes was arrested on Feb. 5 in …
Via: Claims Journal