Posts by Y@DminG
Chevron CEO Warned Staff of Rising Safety Issues Before Fatal Angola Platform Fire
Chevron CEO Mike Wirth told employees they needed to reinforce safety standards after a growing number of injury near-misses in an internal video message on April 29, just weeks before three workers died due to a fire on one of … Source: Claims Journal
Read MoreChinese Hackers And User Lapses Turn Smartphones into ‘Mobile Security Crisis’
Cybersecurity investigators noticed a highly unusual software crash — it was affecting a small number of smartphones belonging to people who worked in government, politics, tech and journalism. The crashes, which began late last year and carried into 2025, were … Source: Claims Journal
Read MoreHedge Funds Face California Rebuke Over Role in Wildfire Claims
Hedge funds are facing pushback in California as their bets tied to insurance claims stemming from the Los Angeles wildfires are attacked as unethical. The transactions in focus are tied to so-called subrogation claims, which hedge funds, private equity firms … Source: Claims Journal
Read MoreReserv Raises $25M Series B to Build out Claims Automation Models
Reserv Inc., a tech-focused third-party administrator, completed its $25 million Series B funding round. The oversubscribed round, led by Flourish Ventures with full pro-rata participation, also included Accenture Ventures, bringing Reserv’s reported total funding to $55 million. The company said … Source: Claims Journal
Read MoreOpenAI Appeals Data Preservation Order in New York Times Copyright Case
OpenAI is appealing an order in a copyright case brought by the New York Times that requires it to preserve ChatGPT output data indefinitely, arguing that the order conflicts with privacy commitments it has made with users. Last month, a … Source: Claims Journal
Read MoreDoan Group Expanding into South Carolina
The Doan Group has expanded its footprint with a new franchise operation covering the entire state of South Carolina. Nathan Loy, an auto appraiser with three years of field experience, will lead the franchise. The Doan Group, headquartered in Covington, … Source: Claims Journal
Read MoreHomeowners Suing AAA Insurers and USAA over LA Wildfires
Some homeowners who lost their homes in the Los Angeles wildfires have filed lawsuits against three large insurers over claims payouts they say didn’t cover their losses. The lawsuits were filed in Los Angeles County Superior Court this week. They … Source: Claims Journal
Read MoreHong Kong Tracks System That May Develop into First 2025 Typhoon
Hong Kong’s weather bureau is tracking a tropical disturbance spinning in the warm waters east of the Philippines, which may develop into the first typhoon of the season next week. The low-pressure system may enter the South China Sea and … Source: Claims Journal
Read MoreCredit Suisse, Softbank Fight Over Greensill Losses in $440M London Lawsuit
Credit Suisse’s $440 million London lawsuit against Japan’s SoftBank Group Corp kicked off on Thursday over losses linked to Greensill Capital, with the collapsed finance firm’s founder Lex Greensill expected to give evidence next week. The case, which centers on … Source: Claims Journal
Read MoreOpenAI Finds More Chinese Groups Using ChatGPT For Malicious Purposes
OpenAI is seeing an increasing number of Chinese groups using its artificial intelligence technology for covert operations, which the ChatGPT maker described in a report released Thursday. While the scope and tactics employed by these groups have expanded, the operations … Source: Claims Journal
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