Industry News
A failed backup telecommunications line led to a recent 90-second radar and radio outage that left air traffic controllers unable to see jetliners heading into Newark airport. After the primary connection that carries radar data into the Philadelphia facility where …
Via: Claims Journal
Unions representing staff in the U.S. Department of Agriculture’s research, animal health and nutrition agencies warned lawmakers of political interference and irreparable damage to their work from President Donald Trump’s efforts to shrink the federal government in a letter sent …
Via: Claims Journal
Alphabet’s Waymo is recalling more than 1,200 self-driving vehicles to update software and address risks of collisions with chains, gates and other roadway barriers after U.S. auto safety investigators opened a probe last year. The recall affects 1,212 Waymo vehicles …
Via: Claims Journal
The Consumer Financial Protection Bureau dropped its lawsuit against Walmart Inc. and one of its financial-technology partners, the latest of the agency’s Biden-era enforcement actions to be abandoned by President Donald Trump’s administration. The CFPB formally moved Tuesday to dismiss …
Via: Claims Journal
Roughly one-in-six claims handled by cyber insurer Coalition were from business email compromise, and about a third included funds transfer fraud. In its 2025 Cyber Claims Report, Coalition said claims severity involving business email compromise rose 23% in 2024, with …
Via: Claims Journal
At last week’s RIMS RISKWORLD conference in Chicago, two experts from risk and claims administration partner Sedgwick outlined a few key workers’ compensation trends worth paying attention to today. The topics were based on Sedgwick data and primarily related to …
Via: Claims Journal
It looks like California’s largest homeowners insurer is getting a large rate increase following billions of dollars in losses from the Los Angeles wildfires and pullback on writing new policies in the state. Administrative Law Judge Karl Seligman recommended approval …
Via: Claims Journal
Marks & Spencer Group Plc said some personal customer data was stolen by hackers as the British retailer continues to investigate and manage a highly-damaging “cyber incident.” The stolen data does not include “useable payment or card details” and there …
Via: Claims Journal
With a growing share of insurance executives viewing generative artificial intelligence as a tool for streamlining and improving functions like fraud detection, Deloitte predicts that AI technologies could save the property/casualty insurance industry tens of billions of dollars in the …
Via: Claims Journal
Kristin Herman and her partner had been planning a European getaway with stops in Paris and Rome, but with the U.S. economy suddenly wobbling, the couple instead drove to Oregon’s nearby redwood forests and Cannon Beach — even camping some …
Via: Claims Journal