Posts by Y@DminG
US Weighs Tougher Auto Import Rules to Accelerate Reshoring
The Trump administration is considering potential changes to North American trade rules that would raise tariff costs on U.S. automobile imports and push manufacturers to boost domestic production, according to people familiar with the matter. U.S. officials have discussed requiring … Source: Claims Journal
Read MoreAI for the Defense: Should Insurers or Law Firms Pay?
The idea that AI tools can help plaintiffs’ lawyers to improve finely tuned litigation strategies that ultimately drive insurance company claims payouts is not new to insurance industry readers. Nor is the suggestion that defense firms need to try to … Source: Claims Journal
Read MoreGE Vernova Must Continue Work on $4.5B Wind Farm Project, Judge Rules
A Massachusetts judge on Friday blocked GE Vernova from abandoning work on the largest offshore wind farm in New England after developer Vineyard Wind refused to pay over $300 million the turbine supplier says it is owed for the $4.5 … Source: Claims Journal
Read MoreGlobal Financial Watchdog to Share Insights on Anthropic’s Mythos
The Financial Stability Board is gathering information from members about potential risks posed by Anthropic’s Mythos model as it look to share such insights more broadly among its network of regulators and central bankers to help them judge the risks … Source: Claims Journal
Read MoreAI Use in Cybersecurity Could Show Holes in Short Term, Says Fitch
U.S. cyber insurers in 2025 reversed a couple of years of decline in direct written premiums to post growth of 11% but, according to Fitch Ratings, there are some underwriting concerns brought on by developments with artificial intelligence. Fitch said … Source: Claims Journal
Read MoreState Farm Agrees to $15M Settlement for Underpaid Vehicle Claims
A federal judge last month approved a preliminary class settlement resolving claims that State Farm underpaid Arkansas policyholders for total loss vehicle claims by applying an erroneous valuation method. Under the settlement agreement, State Farm will pay $15.6 million to … Source: Claims Journal
Read MoreIran Says Hormuz Strait Now Completely Open for Commercial Ships
Iran announced that the Strait of Hormuz is now “completely open” for commercial traffic, a big step toward ending a war that’s sent energy prices surging. Source: Claims Journal
Read MoreFord Recalling 1.4 Milion Pickup Trucks Over Gearshift Issue
Ford is recalling about 1.4 million F-150 pickup trucks in the U.S. following a U.S. National Highway Traffic Safety Administration investigation into reports of unexpected downshifts, the regulator said on Friday. The NHTSA said Ford was aware of two “potentially” … Source: Claims Journal
Read MoreFord Recalling 1.4 Milion Pickup Trucks Over Gearshift Issue
Ford is recalling about 1.4 million F-150 pickup trucks in the U.S. following a U.S. National Highway Traffic Safety Administration investigation into reports of unexpected downshifts, the regulator said on Friday. The NHTSA said Ford was aware of two “potentially” … Source: Claims Journal
Read MoreCamp Mystic Official Testifies Deaths Still Haven’t Officially Been Reported to State
The medical officer for the Texas summer camp where 27 girls were killed in a flood last year testified Tuesday she still has not officially reported the deaths to the state health agency that regulates camps and is reviewing its … Source: Claims Journal
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