Archive for February 2026
Trafigura Wins $600M Nickel Fraud Suit Against Businessman Gupta
Trafigura won its London lawsuit against Indian businessman Prateek Gupta over fake nickel cargoes on Friday, with London’s High Court ruling in favor of the commodities trader. Geneva-based Trafigura alleged Gupta was the mastermind of a fraudulent “Ponzi scheme” in … Source: Claims Journal
Read MoreFederal Judge Puts Brakes on New Hampshire Plan to Abolish Car Inspections
A federal court judge has halted New Hampshire’s plan to end motor vehicle inspections. U.S. District Court Judge Landya McCafferty granted a preliminary injunction on January 27 to prevent the state from implementing a new law abolishing the annual inspection … Source: Claims Journal
Read MoreOpen-Source AI Models Vulnerable to Criminal Misuse, Researchers Warn
Hackers and other criminals can easily commandeer computers operating open-source large language models outside the guardrails and constraints of the major artificial-intelligence platforms, creating security risks and vulnerabilities, researchers said. Hackers could target the computers running the LLMs and direct … Source: Claims Journal
Read MoreOne out of 10 Cars Sold in Europe Is Now Made by a Chinese Brand
Chinese automakers built nearly one-in-10 passenger cars sold in Europe last month, a record share that caps a year of rapid growth led by brisk sales of hybrid and battery-powered vehicles. With December’s 9.5% share of the European car market, … Source: Claims Journal
Read MoreFM Global Using AI to Elevate Claims to Deliver More Than Just Cost Savings
At FM Global, claims managers and claims professionals are taking a “trust-but-verify” attitude about the integration of artificial intelligence into their operations. A data-driven, results-based approach makes sense for a company that touts its specialty as being an engineering-driven property … Source: Claims Journal
Read MoreTwo Companies Made Dried Milk Powder Linked to Botulism in Baby Formula
Two companies processed and supplied dried milk powder that could be a culprit in the outbreak of botulism tied to ByHeart infant formula that has sickened dozens of babies, The Associated Press has learned. Organic whole milk powder that tested … Source: Claims Journal
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