Posts by Y@DminG

It makes sense that Pie Insurance, which arose amid the explosion insurtechs and fintechs in the businessworld, is embracing the power and promise of artificial intelligence—particularly in its claims operations. The Denver, Colorado-based insurer has made a name for itself … Source: Claims Journal

The head of Boeing Commercial Airplanes, Stephanie Pope, met the chairman of Air India on Monday in India, two sources said, as the companies seek to find the cause of last week’s fatal crash involving a Boeing 787 Dreamliner. Pope … Source: Claims Journal

Until recently, homeowners insurers weren’t allowed to use catastrophe models to justify needed rate increases, or to include the cost of reinsurance in their rate indications in the state of California. While that changed late last year when Commissioner Ricardo … Source: Claims Journal

Wind roared against the SUV’s windows as its tires sloshed through water dumped onto the road by the downpour. A horizon-wide funnel cloud loomed out the window, several miles away. Then came the loud metallic pings on the roof. First … Source: Claims Journal

The number of deaths from drenching rains in San Antonio rose to 11 people on Friday and crews searched for others still missing a day after fast-rising floodwaters tossed and swept away more than a dozen cars into a creek. … Source: Claims Journal

The U.S. Supreme Court agreed on Monday to hear a bid by Chevron, Exxon Mobil and other oil and gas companies to have lawsuits brought by two Louisiana localities accusing them of harming the state’s coast over a period of … Source: Claims Journal

The attorneys general of all 50 U.S. states, Washington, D.C. and four U.S. territories have agreed to a $7.4 billion settlement with bankrupt drugmaker Purdue Pharma, New Jersey Attorney General Matthew Platkin said on Monday. Purdue’s payment is intended to … Source: Claims Journal

Bad faith litigation has long posed both legal and reputational risks for insurers operating in Florida. With the enactment in 2023 of House Bill 837—a sweeping tort-reform measure—there are important changes to how insurers and their claims professionals must approach … Source: Claims Journal

U.S. homeowners insurance rates rose 40.4% over the past six years, with the biggest increases hitting in the last two years, a new report shows. LendingTree’s 2025 State of Home Insurance Report shows rates from 2019 through 2021 remained stable, … Source: Claims Journal

A company with a manufacturing facility in Ohio was sentenced to pay a $500,000 fine after pleading guilty to willfully violating an Occupational Safety and Health Administration rule. In addition to the fine, the company will serve two years of … Source: Claims Journal