Posts by Y@DminG
Surging Oil Tanker Insurance Points to Growing Black Sea Chaos
The cost of insuring ships sailing through the Black Sea is surging again, as spiraling attacks on vessels underscore the growing risk of hauling commodities through the region. Source: Claims Journal
Read MoreTesla, EEOC Plan Talks to Settle Factory Racism Suit
Tesla Inc. will enter into settlement negotiations with the U.S. Equal Employment Opportunity Commission over the agency’s 2023 lawsuit accusing the electric-vehicle maker of race-based harassment at its California factory. The agency said in a Tuesday court filing that Tesla … Source: Claims Journal
Read MoreMalaysia Taking Legal Action Against X Over Grok AI Concerns
Malaysia’s communications regulator said on Tuesday it will take legal action against social media platform X due to concerns over user safety in relation to artificial intelligence feature Grok. The generative AI chatbot Grok has sparked a global backlash by … Source: Claims Journal
Read MoreWhat The Return of California’s ‘Death Discount’ Means for Litigation
In California, historically, when a plaintiff filed a personal injury action relating to their own injuries and then died mid-litigation and the case was converted to a wrongful death action, the value of the case was viewed as substantially diminished. … Source: Claims Journal
Read MoreAdjusters Launch ‘CarFax for Insurance Claims’ to Vet Carriers’ Damage Estimates
Two independent claims adjusters in the Southeast have teamed up to create what they say is a quick, low-cost way for property owners to double-check insurance carriers’ damage estimates on claims. They’re calling it “CarFax for property insurance claims,” referring … Source: Claims Journal
Read MoreExperian: AI Agents Could Overtake Human Error as Major Cause of Data Breaches
Artificial intelligence continues to be at the center of Experian’s annual breach forecast for 2026, with the scope, frequency and cost of cyber incidents heavily influenced by the technology. AI makes its way into many of the predictions in Experian’s … Source: Claims Journal
Read MoreDose of Uncertainty: Experts Wary of AI Health Gadgets At CES
Health tech gadgets displayed at the annual CES trade show make a lot of promises. A smart scale promoted a healthier lifestyle by scanning your feet to track your heart health, and an egg-shaped hormone tracker uses AI to help … Source: Claims Journal
Read MoreTrump Says USMCA Irrelevant for US, as Automakers Urge Extension
President Donald Trump on Tuesday said the United States-Mexico-Canada trade agreement is not relevant for the U.S. but Canada wants it, as he pushed for companies to bring manufacturing back to American soil. “There’s no real advantage to it, it’s … Source: Claims Journal
Read MoreAPCIA Backs Federal Bill to Require Litigation Funding Disclosure
The American Property Casualty Insurance Association released a statement in support of federal legislation, up for committee discussion today, that is meant to increase the transparency of third-party financers in litigation. The Protecting Third Party Litigation Funding From Abuse Act, … Source: Claims Journal
Read MoreMunich Re: Insured Losses From Wildfires, Storms and Floods Hit Record High
Never before has the insurance industry faced such big losses tied to floods, severe thunderstorms and wildfires, according to a fresh study that links rising temperatures to increasingly dangerous weather patterns. Insured losses for so-called non-peak perils — also sometimes … Source: Claims Journal
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