Archive for July 2025

Verisk CargoNet issued an advisory to the logistics industry warning of significantly increased cargo theft risk during the upcoming July 4th holiday week. The firm typically issues such warnings ahead of holidays. Extended business closures can create favorable operating conditions … Source: Claims Journal

Increasing abuses in the claims process have caused insurance companies to rethink the traditional model of sending out cash to pay claims. Far too often, that cash is used for purposes other than fixing damage, with a significant portion of … Source: Claims Journal

Meta Platforms and TikTok owner ByteDance must face a wrongful death lawsuit by the mother of a 15-year-old Manhattan boy who died while “subway surfing” on a moving train, a New York state judge ruled. Justice Paul Goetz ruled on … Source: Claims Journal

An increase in impaired-driving deaths during the COVID-19 pandemic may have been driven by a national mental health crisis and reductions in policing, a new study from the Insurance Institute for Highway Safety shows. Prior to the onset of the … Source: Claims Journal