Posts by Y@DminG

Claims associated with functional restoration programs in California’s workers’ compensation system averaged $234,003 total, 59% higher than matched non-FRP claims, a new study shows. A study from the California Workers’ Compensation Institute out this week examines FRPs, multidisciplinary treatments aimed … Source: Claims Journal

ANZ Group agreed to pay A$240 million ($159.5 million), the Australian corporate regulator’s largest-ever penalties against a single entity, over systemic failures ranging from acting “unconscionably” in a government bond deal to charging dead customers. The penalties announced on Monday … Source: Claims Journal

The owner of Rolling Stone, Billboard and Variety sued Google on Friday, alleging the technology giant’s AI summaries use its journalism without consent and reduce traffic to its websites. The lawsuit by Penske Media in federal court in Washington, D.C., … Source: Claims Journal

AMP Ltd. has agreed to pay A$120 million ($80 million) to settle a class action alleging the financial group charged excessive fees on some pension accounts for more than a decade. The in-principle agreement relates to fees charged to members … Source: Claims Journal

A suspected North Korean state-sponsored hacking group used ChatGPT to create a deepfake of a military ID document to attack a target in South Korea, according to cybersecurity researchers. Attackers used the artificial intelligence tool to craft a fake draft … Source: Claims Journal

Amazon.com Inc. has been quietly evaluating General Motors Co.’s BrightDrop electric van, evidence that the e-commerce company continues to explore options to reduce the carbon emissions of its sprawling delivery operation. Amazon confirmed in a statement to Bloomberg that it … Source: Claims Journal

The Trump administration announced a new pilot program on Friday to speed the deployment of flying air taxis as companies work to meet regulatory hurdles for advanced air mobility. The Federal Aviation Administration said the program will include at least … Source: Claims Journal

Federal investigators have zeroed in on flaws in the pool deck as the preliminary cause of the 2021 collapse of a 12-story Florida beachfront condominium that killed 98 people. The National Institute of Standards and Technology said in a report … Source: Claims Journal

The Federal Aviation Administration on Friday proposed fining Boeing $3.1 million for a series of safety violations, including actions tied to the January 2024 Alaska Airlines 737 MAX 9 mid-air emergency, and for interfering with safety officials’ independence. The FAA … Source: Claims Journal

Two years ago, extreme rainfall inundated Hong Kong, submerging cars and flooding malls. When another round of record rains drenched the city last month, the damage was comparatively minimal. Source: Claims Journal