Archive for March 2026
Is a Federal Reinsurance Backstop the Answer to Home Insurance Challenges?
The Brookings Institution’s Hamilton Project has released a proposal for a federal reinsurance backstop called US Re to leverage federal borrowing capacity and stabilize the country’s homeowners insurance market. “Properly constructed, US Re could improve resilience while maintaining the benefits … Source: Claims Journal
Read MoreUber to Invest up to $1.25 Billion in Rivian as Part of Robotaxi Deal
Uber will invest up to $1.25 billion in electric vehicle maker Rivian as part of a deal in which the ride-hailing firm will start deploying 10,000 fully autonomous R2 SUVs as robotaxis from 2028, the companies said on Thursday. San … Source: Claims Journal
Read MoreTesla Faces Intensified US Safety Probe Over ‘Full-Self Driving’
U.S. auto safety regulators escalated an investigation of Tesla Inc.’s partially automated driving system marketed as “Full-Self Driving,” citing additional crashes pointing to potential flaws in the technology’s ability to handle driving conditions with reduced visibility. A review of the … Source: Claims Journal
Read MoreMcDonald’s Must Face Black Ex-Execs’ Harassment, Retaliation Claims
A federal judge in Chicago on Wednesday said two former McDonald’s vice presidents can proceed with their lawsuit that they were criticized and subjected to racial slurs because they are Black women, and then forced out of the company for … Source: Claims Journal
Read MoreLloyd’s CEO Says It’s Critical Mideast War Cover Stays Available
The Lloyd’s of London insurance market will continue to provide cover for vessels traveling through the Strait of Hormuz even as shipowners avoid the area. Source: Claims Journal
Read MoreAgency Asks Companies to Secure Microsoft Tool After Stryker Cyberattack
The U.S. government on Wednesday asked companies to strengthen the security of Microsoft’s endpoint management tool, after a cyberattack on medical device maker Stryker Corp. week. The March 11 cyberattack hit Stryker’s computer systems, causing widespread disruption to its business, … Source: Claims Journal
Read MoreBMG Sues Anthropic for Using Bruno Mars, Rolling Stones Lyrics in AI Training
Music company BMG Rights Management has sued artificial intelligence company Anthropic in California federal court for allegedly using its copyrighted lyrics to train the large language models powering its Claude chatbot. BMG said in the complaint filed on Tuesday that … Source: Claims Journal
Read MoreResearchers Uncover iPhone Spyware Capable of Penetrating Millions of Devices
A powerful software exploit capable of penetrating and stealing information from potentially hundreds of millions of Apple iPhones was planted on dozens of websites in Ukraine in recent weeks, researchers said on Wednesday. The discovery marks the second time this … Source: Claims Journal
Read MoreFAA Overhauls Safety Rules for Pilots After Close Calls
The U.S. Federal Aviation Administration is suspending the practice of pilots relying on their sight to maintain safe distances between helicopters and planes in areas where they’re likely to cross paths, the latest safety measure imposed since last year’s deadly … Source: Claims Journal
Read MoreTesla Is Sued by Survivor of Deadly California Cybertruck Crash
Tesla Inc. was sued by the sole survivor of a 2024 Cybertruck crash in California that killed three college students who were unable to escape the burning vehicle, the latest in a growing body of litigation faulting the automaker’s electrically … Source: Claims Journal
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