Archive for July 2026
World Absorbs Historic Iran War Oil Supply Loss, But Depleted Stocks Bring Risks
The world has absorbed with surprising ease the loss of over a billion barrels of oil supply since the Iran war began, but, with long-term peace elusive and buffer reserves now drained, it still faces the looming risk of future … Source: Claims Journal
Read MoreWorld Absorbs Historic Iran War Oil Supply Loss, But Depleted Stocks Bring Risks
The world has absorbed with surprising ease the loss of over a billion barrels of oil supply since the Iran war began, but, with long-term peace elusive and buffer reserves now drained, it still faces the looming risk of future … Source: Claims Journal
Read MorePickups Dominate Top 20 Vehicles Sold in US in The Second Quarter
Pickup trucks remained among the top vehicles sold in the U.S., but a few sedans including the Honda Accord were popular purchases in the second quarter, a new list shows. Reuters compiled a list the 20 top-selling vehicles in the … Source: Claims Journal
Read MoreAI’s Impact: Tech and Finance Sectors Losing 28,000 Jobs Monthly
Whether artificial intelligence will cause mass workforce cuts over time remains up for debate, but it is starting to leave an imprint on US employment data. A decline in payrolls in the financial-activities and information sectors — where AI adoption … Source: Claims Journal
Read MoreFBI Probes Whether Alarum Unit Is Behind Co-Opted Home Devices
The FBI is investigating whether a subsidiary of the data-collection firm Alarum Technologies Ltd. had a role in linking customers’ home internet devices without their consent into a network that people can use to disguise their locations, according to documents … Source: Claims Journal
Read MoreThe Lull Before the Storms: Businesses Should Test Hurricane Plans, Panel Says
The 2026 hurricane season may turn out to be a quiet one, as predicted by long-range forecasts this year. But that only means that businesses should have more time to review and rehearse their emergency plans before the next storm … Source: Claims Journal
Read MoreGoogle Loses EU Top Court Fight Over $4.7 Billion Android Fine
Google lost its long-running fight against a €4.1 billion ($4.7 billion) European Union antitrust fine after the bloc’s top judges said regulators were right to punish the U.S. giant for abusing Android’s market power. The European Court of Justice ruled … Source: Claims Journal
Read MoreFlood Re to Cut Insurance Payouts to Richest UK Households
The U.K.’s flood insurer of last resort is unfairly favoring wealthier households and will be reformed to reduce the burden of multimillion-pound payouts, the government said Wednesday. As part of the changes, Flood Re will lower the premiums it charges … Source: Claims Journal
Read MoreChanges in Policy Language, Provisions Suppressing Claim Volume, Report Shows
U.S. claim volume fell 8.9% from last year, with total claims dipping 13.1% below the five-year average, despite several large catastrophe events, a new report shows. What’s driving the trends isn’t the weather. Changes in policy language and policy provisions … Source: Claims Journal
Read MoreUS Decides Against Renewing USMCA, Shifting to Rolling Talks
The U.S. won’t renew its trade deal with Canada and Mexico, choosing instead to conduct annual reviews of the pact in a decision that risks adding uncertainty for companies producing goods across North America. The U.S.-Mexico-Canada Agreement, or USMCA, will … Source: Claims Journal
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