Posts by Y@DminG

The cost of a surplus-lines homeowners’ policy in Florida is now about the same as admitted-market HO policies, reflecting the growing trend for excess and surplus firms across the state and beyond, recent reports show. The Florida Surplus Lines Service … Source: Claims Journal

El Niño is likely to develop soon, with an 82% probability during May-July 2026, the U.S. Climate Prediction Center said on Thursday. El Niño is expected to continue through the Northern Hemisphere winter, with a 96% chance in December 2026-February … Source: Claims Journal

El Niño is likely to develop soon, with an 82% probability during May-July 2026, the U.S. Climate Prediction Center said on Thursday. El Niño is expected to continue through the Northern Hemisphere winter, with a 96% chance in December 2026-February … Source: Claims Journal

From drought to ping-pong size hail and unseasonable warmth, weather extremes have wheat farmers reaching for their phones to ring their insurance adjusters to assess the viability of their crops. Oklahoma farmer Dennis Schoenhals made the call a few weeks … Source: Claims Journal

OpenAI would support the creation of a global governance body for artificial intelligence led by the U.S. and including China as a member, a top company executive said, hours before the start of President Donald Trump’s high-stakes meeting with Chinese … Source: Claims Journal

Newswise — In managing airport traffic, small errors can cause catastrophe. A group from the CMU Robotics Institute’s AirLab used the Pittsburgh Supercomputing Center’s Bridges-2 supercomputer to create World2Rules, an AI that draws from airport data and historical crash reports … Source: Claims Journal

New Zealand’s government said on Tuesday it would change climate legislation to prevent courts from finding companies liable in private cases for climate change-related harm caused by greenhouse gas emissions. Justice Minister Paul Goldsmith said the government would amend the … Source: Claims Journal

Hedge fund boss Crispin Odey has settled a handful of personal injury claims brought by women claiming sexual assault. Odey bought an end to the claims ahead of a London trial due to start next month, according to a lawyer … Source: Claims Journal

Shutterstock will pay $35 million to settle U.S. Federal Trade Commission charges that the online provider of stock photography, graphics and videos misled consumers about its subscription plans and made it difficult to cancel, the agency said. Wednesday’s settlement resolves … Source: Claims Journal

Reconstruction cost inflation in the U.S. cooled in the second quarter, offering a bit of relief for insurers and businesses, a new report shows. Verisk’s Q2 2026 360Value Quarterly Reconstruction Cost Analysis shows total reconstruction costs, which includes materials and … Source: Claims Journal