Posts by Y@DminG

Britain has designated cloud service providers Microsoft, Google, Amazon and Oracle as critical third-party suppliers to its financial sector, bringing them under direct regulatory oversight. The move is aimed at strengthening the resilience of financial firms by reducing the risk … Source: Claims Journal

Some of the world’s biggest carmakers on Friday largely won the first stage of a major legal battle over claims that their diesel vehicles were fitted with unlawful “defeat devices” to curtail emissions controls. In a summary of her judgment, … Source: Claims Journal

Two marine war insurance brokers and two underwriters said they have seen fewer requests for quotes since a ceasefire in the Middle East all but broke down this week. Source: Claims Journal

An ex-Deutsche Bank AG banker imprisoned over a fatal car crash in Hong Kong is seeking to clear his name in a UK court by forcing Ferrari to hand over internal documents he claims could prove the vehicle was unsafe. … Source: Claims Journal

Thanks to a strengthening El Niño , the rest of the Atlantic hurricane season will be well below normal, said researchers at Colorado State University. In a July 8 update to its forecast, CSU said the 2026 hurricane season will … Source: Claims Journal

The weather-roiling El Niño that emerged across the Pacific last month has continued to build and will likely be one of the strongest in more than 75 years, the U.S. Climate Prediction Center said. Sea surface temperatures of 1C (1.8F) … Source: Claims Journal

The U.S. National Highway Traffic Safety Administration urged owners of 463,000 Kia crossover SUVs to park outdoors because of fire risks until new recall repairs are completed. Kia said it would recall 463,000 Telluride crossovers in the U.S. from the … Source: Claims Journal

AXA XL named Matt Rodliff chief claims officer, Americas. Rodliff succeeds Jim DiVirgilio, who announced his retirement. DiVirgilio will retire at the end of July and will continue in an advisory role through the end of the year. Rodliff will … Source: Claims Journal

The head of the top U.S. auto safety regulator said the agency “absolutely” will consider ending requirements that driverless cars include steering wheels, a potential boon for Tesla Inc. and other robotaxi companies rethinking traditional vehicle design. “If you’re developing … Source: Claims Journal

Home fortifications, from roof tie-downs to window protections, have been recognized as key factors in reducing losses, claims and premiums in hurricane-prone states like Florida. But relying on the incentive of premium discounts is not enough to prompt widespread adoption … Source: Claims Journal