Posts by Y@DminG
NYC Travel Snarled by Snow as Central Park Gets 15 Inches
If you’re trying to get into New York City on Monday, unless it’s essential, you’re probably better off hunkering down at home. Traveling into the area by car, plane, bus or train is proving difficult thanks to an intense winter … Source: Claims Journal
Read MoreAIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’
American International Group said it made substantial progress in artificial intelligence within the last year, and the technology’s outcomes and capabilities are more than previously predicted. The insurer during an Investor Day less than a year ago presented the potential … Source: Claims Journal
Read MoreBerkshire’s PacifiCorp Paying $575M to Settle Claims for Oregon and California Wildfires
PacifiCorp, a utility owned by Berkshire Hathaway, agreed to pay $575 million to resolve U.S. government damages claims related to six wildfires in Oregon and California that burned nearly 290,000 acres of federal land, the U.S. Department of Justice said … Source: Claims Journal
Read MoreCenterview Settles Suit by Ex-Analyst Over Her Need for Sleep
Centerview Partners LLC settled a lawsuit by a former analyst who claimed the boutique investment bank wrongfully fired her for asking to be able to sleep more than eight hours a night. Jury selection had been set to begin Monday … Source: Claims Journal
Read MoreEV Collision Claims Rise in US And Canada as Sales Of New Models Decrease
Electric vehicle collision claims in the U.S. and Canada, while sales of new models declined, a new report shows. EV claims increased by 14% in the U.S. and 24% in and Canada, a report out from Mitchell shows. The report … Source: Claims Journal
Read MoreDelaware High Court Rescues Cyber Insurers’ Subrogation Claims
The Delaware Supreme Court has re-opened the door for cyber insurers to pursue recovery of claims payments they made to their insureds who took matters into their own hands after their data hosting company allegedly failed to adequately respond to … Source: Claims Journal
Read MoreUK Floods Raise Specter of ‘Mortgage Prisoners’ Across Banks
As the prospect of flood damage haunts an ever larger number of U.K. homes, the country’s banks are under growing pressure to prove they’re not underestimating the risk in their mortgage books. Nationwide Building Society — once seen as an … Source: Claims Journal
Read MoreJudge Upholds $243M Verdict Against Tesla Over Fatal Autopilot Crash
A judge rejected Tesla’s request to overturn a $243 million jury verdict over the 2019 crash of an Autopilot-equipped Model S, which killed a 22-year-old woman and injured her boyfriend. Source: Claims Journal
Read MoreUS Supreme Court Strikes Down Trump Tariffs
The U.S. Supreme Court struck down on Friday President Donald Trump’s sweeping tariffs that he pursued under a law meant for use in national emergencies, rejecting one of his most contentious assertions of his authority in a ruling with major … Source: Claims Journal
Read MorePalantir Gets Partial Win in Fight With Ex-Workers at AI Startup
A judge agreed with Palantir Technologies Inc. that a trio of former employees likely violated confidentiality and non-solicitation agreements in founding their artificial intelligence startup but stopped short of halting their work at the new company, Percepta. Palantir sued Percepta … Source: Claims Journal
Read More