Archive for April 2026

Global and regional natural catastrophe activity and loss totals were lower in the first quarter of 2026 than in comparable quarters of previous years, leaving the re/insurance industry well-positioned as it heads into the more costly second and third quarters, … Source: Claims Journal

Joby Aviation Inc. is flying electric air taxis between John F. Kennedy International Airport and Manhattan this week to show off its quieter, zero-emission aircraft in a city weary of noise pollution. The demonstration flights are New York’s first point-to-point … Source: Claims Journal

A former ransomware negotiator has pleaded guilty to charges he helped a ransomware group extort tens of millions of dollars from companies. Angelo Martino, 41, of Land O’Lakes, Florida, worked for a cyber incident response company as a ransomware negotiator … Source: Claims Journal

Salesforce and its workspace messaging app Slack are suing Microsoft at London’s High Court over alleged anticompetitive practices relating to its Teams app. Slack Technologies LLC and related companies filed the lawsuit on April 23, which a Slack spokesperson said … Source: Claims Journal

The Travelers Companies said it intends to expand its homeowners insurance offerings across California. Travelers notified the California Department of Insurance it intends to expand homeowners insurance availability across the state, explaining in a news release the move is due … Source: Claims Journal

Bayer AG is counting on the U.S. Supreme Court to pare down lawsuits over its top-selling Roundup weedkiller and help corral the decade-long litigation that has cost the company more than $10 billion and cast a pall over its stock … Source: Claims Journal

Mitsubishi Motors is recalling 108,046 vehicles in the U.S. as a ruptured gas spring cylinder or an unexpected falling liftgate could increase the risk of injury, the U.S. National Highway Traffic Safety Administration said on Friday. The recall affects some … Source: Claims Journal

A new report shows 767 supply chain crime events across the U.S. and Canada in the first quarter of the year, down 5.3% from the same period a year ago and down 12.2% the fourth quarter of 2025. However, a … Source: Claims Journal

More than 17 million people along the U.S. Atlantic and Gulf coasts are at the highest risk of being affected by flooding, with New York and New Orleans standing out, according to one of the most comprehensive studies ever of … Source: Claims Journal

The Massachusetts Supreme Judicial Court has dealt tobacco company Philip Morris USA a blow by unanimously upholding a $56 million punitive damages award in a wrongful death case. A lower court had previously reduced the punitive damages award from $1 … Source: Claims Journal