Posts by Y@DminG
England Has 1.2M Buildings at Risk of Flooding With No Defenses, Study Shows
A new study has found that 1.2 million buildings at risk of flooding in England currently aren’t included in any of the country’s flood defenses. The research, provided by mapping service Ordnance Survey and Snowflake, an AI data cloud company, … Source: Claims Journal
Read MoreItalian Court Allows Class Action Against Meta Over Facebook Data Scraping
A Milan court on Tuesday accepted a class action brought by a consumer group against Meta Platforms over the theft of personal data suffered by Facebook Italy. According to the court order, the data scraping incident, which took place between … Source: Claims Journal
Read MoreAltman-Backed Startup Raises $170 Million for Robocar Networks
Glydways Inc., the robocar startup backed by Sam Altman, is in talks to raise an additional $250 million on the heels of a roughly $170 million Series C round, underlining the high hopes and daunting hurdles of developing closed-loop self-driving … Source: Claims Journal
Read MoreTexas Probes Lululemon for Alleged ‘Forever Chemicals’ Use
The Texas attorney general’s office is investigating Lululemon Athletica Inc.’s apparel for the presence of so-called “forever chemicals,” which have been linked to health problems. “Emerging research and consumer concerns have raised questions about the potential presence of certain synthetic … Source: Claims Journal
Read MoreIBHS Expands Wildfire Prepared Program to 10 More States
Ten new states are now part of a new wildfire preparedness designation program designed to help homeowners and builders in high-risk areas better protect properties and neighborhoods. The number of states added to the Insurance Institute for Business & Home … Source: Claims Journal
Read MoreIBM Agrees to Pay Government $17 Million in DEI Settlement
In the first outcome of the U.S. Department of Justice’s Civil Rights Fraud Initiative, IMB has agreed to about $17 million to settle charges related to the company’s diversity, equity, and inclusion (DEI) practices. “Racial discrimination is illegal, and government … Source: Claims Journal
Read MoreWeather Prediction Markets Are Booming. Can They Improve Forecasts?
A few days before Christmas, Howard Qin was scrutinizing weather forecasts on two laptops at home in Shanghai when he noticed prices of contracts for New York City snowfall creeping higher on the prediction market Kalshi. He checked the Times … Source: Claims Journal
Read MoreVerisk: Claims Volumes Fell to Five-Year Low in 2025 as Emerging Risks Intensify
Insurance claims volumes in the United States declined across most lines in 2025, but risks remain elevated as insurers navigate complex and concentrated claims, according to an annual report from Verisk. Claims volumes were lower in 2025 than 2024 across … Source: Claims Journal
Read MoreVerisk: Claims Volumes Fell to Five-Year Low in 2025 as Emerging Risks Intensify
Insurance claims volumes in the United States declined across most lines in 2025, but risks remain elevated as insurers navigate complex and concentrated claims, according to an annual report from Verisk. Claims volumes were lower in 2025 than 2024 across … Source: Claims Journal
Read MoreMillions of Rockstar Games Business Records Stolen, Hackers Say
A hacking group with a history of compromising major global corporations said it had stolen nearly 80 million business records from video game developer Rockstar Games, the maker of Grand Theft Auto. The claim was posted to the website used … Source: Claims Journal
Read More