Posts by Y@DminG
EV-Carrying Ship Sinks in Pacific Ocean After Catching Fire
A ship that caught fire in the Pacific Ocean earlier this month has sunk. The vessel was abandoned in the middle of the pacific — about 360 miles from land — after a blaze. It was carrying about 3,000 vehicles … Source: Claims Journal
Read MoreWhat Claims Managers Need to Know About AI And Cyber Risks
Not long ago, a company held a conference call with a key vendor that included a dozen executives. The call was to create a repayment structure and schedule for a $2.6 million debt. A $750,000 installment arrangement was agreed to … Source: Claims Journal
Read MoreNTSB Chair: Systemic Failures Led to Door Plug Flying off Boeing 737 Max Midflight
National Transportation Safety Board Chair Jennifer Homendy said Tuesday that the heroic actions of the crew aboard Alaska Airlines flight 1282 ensured everyone survived the terrifying incident last year when a door plug panel flew off the plane shortly after … Source: Claims Journal
Read MoreAnthropic Wins Key US Ruling on AI Training in Authors’ Copyright Lawsuit
A federal judge in San Francisco ruled late on Monday that Anthropic’s use of books without permission to train its artificial intelligence system was legal under U.S. copyright law. Siding with tech companies on a pivotal question for the AI … Source: Claims Journal
Read MoreReport: Auto Claims and Repair Profitability Rebounds Amid Casualty Challenges and Trade Worries
The U.S. auto claims and collision repair industry began showing signs of stabilization in the second quarter, according to a new report. While CCC’s Crash Course report for second quarter points to “continued headwinds in the casualty space,” it notes … Source: Claims Journal
Read MoreTrump’s Chip Tariff Threat Sparks Pushback From Auto Industry to Tech
Blowback to President Donald Trump’s idea of tariffs on imported semiconductors is proving to be broad and deep, stretching from auto companies and boat makers to the technology industry and crypto enthusiasts, according to a review of more than 150 … Source: Claims Journal
Read MoreInsurer Ordered to Pay $44M in Suit Filed by Man Freed From Missouri Prison
A man won $11 million in a lawsuit against police after his conviction for killing a Missouri newspaper’s sports editor was overturned, but the city’s former insurer resisted paying most of it for almost three years. A Missouri judge this … Source: Claims Journal
Read MoreInsurance Sector Should Be on the Lookout for ‘Scattered Spider’ Hackers
Watch out, insurance industry. A well-known cybercrime group appears to have shifted focus to insurers. Apparently, recent cybersecurity incidents at Erie Insurance, Philadelphia Insurance Cos., and most recently Aflac are indicative of a trend. The largely decentralized hacking group known … Source: Claims Journal
Read MorePine Claims Launches Tech-Enabled Adjusting Firm for Carriers
Pine Claims Solutions Inc. launched an independent adjusting firm focused on property field claims. The company’s platform integrates core technologies like AI triage, real-time status dashboards and performance-based adjuster incentives aimed at claims handling while supporting field staff. Pine said … Source: Claims Journal
Read MoreWomen Face More Injury Risks in Car Crashes, But Test Dummies Are Modeled After Men
Maria Weston Kuhn had one lingering question about the car crash that forced her to have emergency surgery during a vacation in Ireland: Why did she and her mother sustain serious injuries while her father and brother, who sat in … Source: Claims Journal
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