Archive for June 2026

The increasing need for memory chips to power artificial intelligence data centers could lead to dramatic price hikes in U.S. consumer goods and disrupt supply chains, groups representing automakers, retailers, electronic firms and others said on Wednesday. The groups said … Source: Claims Journal

Artificial intelligence hallucinations, also known as “AI slop,” have become such a concern in court filings that the Florida Supreme Court has issued new statewide rules designed to hold attorneys more accountable. The rules, which take effect June 15, will … Source: Claims Journal

Ford Motor will recall 419,967 vehicles in the U.S. as seat belts that do not retract or extend properly can fail to restrain occupants as intended, increasing the risk of injury in a crash, the U.S. auto regulator said on … Source: Claims Journal

The value of uninsured natural-catastrophe losses rose more than 7% globally last year to $424 billion, with North America the most exposed region, according to a fresh analysis. While insurance coverage has broadly kept pace with rising catastrophe exposure, the … Source: Claims Journal

Eric Flickinger reached his breaking point this spring while filling up his Ram 1500 pickup with diesel that cost $7.39 a gallon. When the pump clicked off, it read exactly $200. As if that weren’t painful enough, when he hopped … Source: Claims Journal

Alphabet is looking to raise $80 billion in equity offerings, including via an investment deal with Berkshire Hathaway, the Google parent said on Monday, in its aggressive push to fund a costly expansion of its AI infrastructure. The deal also … Source: Claims Journal

A worker who suffered serious injuries in 2017 after a 1,300-pound load of lighting fixtures fell onto him has lost the $41.9 million he was awarded by a jury in October 2022. The Connecticut Appellate Court this week overturned the … Source: Claims Journal

Extreme weather will likely spur more than $20 trillion in global spending over the next decade, boosting sales and earnings for reinsurers and companies involved in energy efficiency and climate security, according to analysts at Bloomberg Intelligence. Returns for a … Source: Claims Journal

Canada sent a letter to the United States and Mexico on Tuesday outlining its recommendations to renew a trilateral trade agreement for 16 years while seeking parallel talks on sectoral tariffs ahead of a meeting between Canadian and U.S. trade … Source: Claims Journal

The Trump administration will ask leading AI developers to voluntarily submit their most capable models for government cybersecurity tests before releasing them to the public, according to an executive order released on Tuesday, as security fears mount in Washington over … Source: Claims Journal