Posts by Y@DminG

U.S. recall activity reached one of the highest levels in the past decade, as the consumer products, food and drinks and pharmaceutical sectors all experienced higher recall volumes than 2024. Roughly 3,295 recalls were recorded across the five industries analyzed, … Source: Claims Journal

In all-risk policies, an excluded cause of damage must be the sole cause of damage for the exclusion to apply, a federal appeals court decided last week in an opinion that clarifies North Carolina law but could make some claims … Source: Claims Journal

Twenty professional models who sued three Massachusetts-based strip clubs alleging that the clubs used their images in commercial advertisements without their consent and without paying them have been denied their bid to collect from one of the clubs’ insurers on … Source: Claims Journal

OpenAI said it banned accounts linked to Chinese law enforcement, romance scammers and influence operations, including a smear campaign against Japan’s first woman prime minister, in a report detailing the misuse of its ChatGPT technology. The company said several accounts … Source: Claims Journal

The idea from Citrini Research that artificial intelligence will trigger widespread unemployment is prompting a global backlash from investors and economists. In the past few days, experts from Citadel Securities, Deutsche Bank AG, Fidelity International, Liontrust Asset Management Plc and … Source: Claims Journal

A hacker exploited Anthropic PBC’s artificial intelligence chatbot to carry out a series of attacks against Mexican government agencies, resulting in the theft of a huge trove of sensitive tax and voter information, according to cybersecurity researchers. The unknown Claude … Source: Claims Journal

The winter storm that brought several feet of snow and blizzard conditions to parts of the Northeast this week resulted in $34 billion to $38 billion in total damage and economic loss, according to a preliminary estimate from AccuWeather. More … Source: Claims Journal

BMW is recalling 58,713 vehicles in the U.S. due to a wiring harness for the air conditioning system that may be damaged and cause a short circuit, the U.S. National Highway Traffic Safety Administration said on Wednesday. The recall covers … Source: Claims Journal

Cybercriminals are prioritizing long-term leverage over immediate disruption, according to a new report showing that in the second half of 2025, more than two-thirds of ransomware attacks leveraged data theft and not encryption. Cyber insurance claims data from Resilience shows … Source: Claims Journal

It’s been more than a year since the Palisades and Eaton Fires in Los Angeles, and attorneys who work in first‑party property claims are still seeing a steady rise in disputes. That trend isn’t slowing down anytime soon—these claims will … Source: Claims Journal