Posts by Y@DminG

Global growth is slowing as U.S. tariff policy reduces trade and heightens geopolitical uncertainty, which ultimately will lead to decelerating growth in insurance premiums, according to Swiss Re. Global GDP growth (adjusted for inflation) is expected to slow to 2.3% … Source: Claims Journal

Copyright protections don’t just help individuals, they hold up a good part of the U.S. economy, according to a report from the U.S. Chamber of Commerce. The U.S. Chamber of Commerce’s 2023 report highlights industries like architecture, software, music, publishing, … Source: Claims Journal

President Donald Trump unveiled a new round of tariff demand letters on Wednesday with levies set to hit in August on imported goods from partners who fail to reach agreements with the US. Trump said he would levy a 30% … Source: Claims Journal

Hedge fund Woodline Partners settled a lawsuit with a former employee over allegations that one of its co-founders sexually harassed staff and contributed to a hostile and misogynous work environment. Moments before a trial was set to begin Wednesday, San … Source: Claims Journal

Automakers are urging customers to snap up electric vehicles before a $7,500 U.S. tax credit goes away this fall. Tesla’s homepage on Tuesday displayed a banner: “$7,500 Federal Tax Credit Ending. Take Delivery by September 30, 2025.” The same day, … Source: Claims Journal

Search crews slogged through thick mud and debris Tuesday in central Texas, where more than 100 people are confirmed dead after catastrophic flooding. Source: Claims Journal

The U.S. Securities and Exchange Commission and software company SolarWinds Corp. have reached a settlement, ending a federal lawsuit that alleged investor fraud and known cybersecurity vulnerabilities. Early this month the SEC and SolarWinds jointly filed to stay the case, … Source: Claims Journal

The highest rates of contradictory evidence that led to insurance fraud found online were disability, workers’ compensation and auto lines, a new report shows. A report out this week from Carpe Data shows 8.9% of disability claimants were found to … Source: Claims Journal

Los Gatos, California-based ServiceUp has raised $55 million in Series B funding, bringing the company’s total funding to date to $70 million. The round was led by PeakSpan Capital, with participation from existing investors Hearst Ventures, Trestle Partners, Capital Midwest … Source: Claims Journal

Alphabet Inc.’s Waymo is launching a new account type that lets teenagers hail a robotaxi and ride alone, expanding its rider base while continuing to test its service in more U.S. cities. Teens from 14 to 17 can have a … Source: Claims Journal