Posts by Y@DminG

Kristin Herman and her partner had been planning a European getaway with stops in Paris and Rome, but with the U.S. economy suddenly wobbling, the couple instead drove to Oregon’s nearby redwood forests and Cannon Beach — even camping some … Source: Claims Journal

By implementing AI-driven technologies across the claims life cycle and integrating real-time analysis, P/C insurers could reduce fraudulent claims and save between $80 billion and $160 billion by 2032. Source: Claims Journal

U.S. aviation safety regulators formed an emergency task force to address technology breakdowns that briefly blinded air traffic controllers guiding planes in and out of Newark airport in recent weeks. Federal Aviation Administration personnel will be joined by experts from … Source: Claims Journal

A powerful House committee has tucked language preventing states from regulating artificial intelligence into President Donald Trump’s massive tax and spending bill, a move that would benefit many of the U.S’s largest tech and AI companies. OpenAI, Meta Platforms Inc., … Source: Claims Journal

U.S. Transportation Secretary Sean Duffy said that Newark airport would see “several weeks” of reduced capacity as officials grapple with spiraling delays and safety lapses at one of the country’s busiest hubs. “We’re having these glitches in the system,” Duffy … Source: Claims Journal

It’s 6:15pm on a Friday night as an SMB insured reaches out to the Converge hotline reporting that its servers are encrypted and its network is down. Only there’s no panic in the caller’s voice. They are confident in their … Source: Claims Journal

Italy’s Moltiply Group said on Friday it was suing Alphabet’s Google and seeking damages of 2.97 billion euros ($3.34 billion) for abuse of its dominant market position as previously recognized by the EU Court of Justice. Moltiply operates the popular … Source: Claims Journal

Alphabet’s Google said it has identified new malware called “LOSTKEYS” tied to the Russian-based hacking group Cold River, which is capable of stealing files and sending system information to attackers. The malware “marks a new development in the toolset” of … Source: Claims Journal

As weather-driven catastrophes become more common and severe, commercial property owners and the agents who serve them are reassessing risks and coverage to get more build for their buck. The new Nationwide Agency Forward Commercial Lines Protection Survey surveyed commercial … Source: Claims Journal

Wildfires driven by climate change contribute to as many as thousands of annual deaths and billions of dollars in economic costs from wildfire smoke in the United States, according to a new study. The paper, published in the journal Nature … Source: Claims Journal