Posts by Y@DminG

Analysts at AM Best warned that the planned imposition of U.S. tariffs on imports from Canada and Mexico, along with increased tariffs on China, will have a negative effect on the insurance industry—particularly impacting the U.S. homeowners’ and auto lines … Source: Claims Journal

The use of artificial intelligence has been significantly booming over the last few years in the insurance world, but for the people at Lemonade, artificial intelligence has been a mainstay in automating claims and processes since its inception in 2015. … Source: Claims Journal

President Donald Trump exempted Mexican and Canadian goods covered by the North American trade agreement known as USMCA from his 25% tariffs, offering major reprieves to the U.S.’s two largest trading partners. Trump signed orders Thursday paring back the tariffs, … Source: Claims Journal

Airlines are turning to a network of third parties to pay fees to Afghan authorities as more planes use the country’s airspace, increasing the risk of legal disputes and money laundering, according to pilots, aviation executives and lawyers. In the … Source: Claims Journal

Attorneys seeking approval of the $2.8 billion legal settlement for college sports pointed to nearly 102,000 athletes who signed up to receive damages from the action, while batting down objections to what they described as the “intergalactic paradigm shift” the … Source: Claims Journal

President Donald Trump said he will exempt Mexico from his new 25% tariffs on any goods and services that fall under the North American trade agreement known as USMCA, offering a reprieve for a major U.S. trading partner. “This Agreement … Source: Claims Journal

Berkeley Research Group suffered a cyberattack last week, according to people with knowledge of the matter, just as banks have been looking to wrap up a debt sale that would finance the consulting firm’s buyout by Towerbrook Capital Partners. The … Source: Claims Journal

Microsoft Corp. warned that an advanced Chinese hacking group is waging a campaign of supply-chain attacks. The company’s threat intelligence division said in a blog post Wednesday that the group, known as Silk Typhoon, was targeting remote management tools and … Source: Claims Journal

Intel won the dismissal of a shareholder lawsuit accusing the chipmaker of fraudulently concealing problems in its foundry business, leading to job cuts and a dividend suspension that wiped out more than $32 billion of market value in one day. … Source: Claims Journal

The Justice Department opened an investigation into the University of California to determine if the UC system has allowed an Antisemitic hostile work environment to exist on its campuses. The investigation, being conducted under Title VII of the Civil Rights … Source: Claims Journal