Posts by Y@DminG

When a hurricane or a wildfire strikes, the economic damage is usually very visible — roofs are ripped off or charred homes line roads. Heat waves cause financial damage, too, but it’s more diffuse: Farm crops might wither, construction workers … Source: Claims Journal

When a hurricane or a wildfire strikes, the economic damage is usually very visible — roofs are ripped off or charred homes line roads. Heat waves cause financial damage, too, but it’s more diffuse: Farm crops might wither, construction workers … Source: Claims Journal

Condon Claims Management acquired U.S.-based Marine Claims Associates LLC in a move to expand its services in the United States. The acquisition will take place effective immediately and the Marine Claims Associates’ team will operate under the Condon Claims Management … Source: Claims Journal

Condon Claims Management acquired U.S.-based Marine Claims Associates LLC in a move to expand its services in the United States. The acquisition will take place effective immediately and the Marine Claims Associates’ team will operate under the Condon Claims Management … Source: Claims Journal

The springtime surge in U.S. auto sales landed with a thud last month, setting up a slowdown in the months ahead as carmakers digest President Donald Trump’s tariffs on auto imports and consumers find fewer deals. Shoppers rushed to showrooms … Source: Claims Journal

Verisk CargoNet issued an advisory to the logistics industry warning of significantly increased cargo theft risk during the upcoming July 4th holiday week. The firm typically issues such warnings ahead of holidays. Extended business closures can create favorable operating conditions … Source: Claims Journal

Increasing abuses in the claims process have caused insurance companies to rethink the traditional model of sending out cash to pay claims. Far too often, that cash is used for purposes other than fixing damage, with a significant portion of … Source: Claims Journal

Meta Platforms and TikTok owner ByteDance must face a wrongful death lawsuit by the mother of a 15-year-old Manhattan boy who died while “subway surfing” on a moving train, a New York state judge ruled. Justice Paul Goetz ruled on … Source: Claims Journal

An increase in impaired-driving deaths during the COVID-19 pandemic may have been driven by a national mental health crisis and reductions in policing, a new study from the Insurance Institute for Highway Safety shows. Prior to the onset of the … Source: Claims Journal

Iran-affiliated hackers remain a potential threat to critical sectors of the US economy, including defense contractors and other American organizations, according to a bulletin published Monday from the FBI, the National Security Agency, the Cybersecurity and Infrastructure Security Agency and … Source: Claims Journal