Posts by Y@DminG
Clearspeed Secures $60M in Series D Funding for Voice-Based Risk Assessment Tech
Clearspeed, which provides voice-based risk assessment technology for insurance and claims applications, has secured $60 million in Series D funding, the San Diego, California-based company announced. The latest round, which brings the company’s total funding to $110 million, was led … Source: Claims Journal
Read MoreCyberattack on UK Health Firm Contributed to Patient Death
A cyberattack that caused disruption at hospitals in London last year contributed to the death of a patient, health officials have confirmed for the first time. The incident occurred after a Russian hacking gang in June 2024 targeted Synnovis, a … Source: Claims Journal
Read MoreATI Restoration Names Slatinsky Vice President of National Response Services
ATI Restoration named Sean Slatinsky vice president of national response services. Slatinsky will lead the company’s nationwide disaster response operations, including large-loss project execution, strategic mobilization, and field coordination. Slatinsky has more than 20 years of experience in the restoration … Source: Claims Journal
Read MoreAflac Hit With Class Action Over Data Breach of Customer Info
An Alabama law firm wasted little time in filing a proposed class-action lawsuit against Aflac Inc., claiming the supplemental insurance giant knew the risks of a cyberattack and failed to protect policyholders’ private information. “Defendant disregarded the rights of Plaintiff … Source: Claims Journal
Read MoreUS New Vehicle Sales to Rise 2.5% in June, J.D. Power Report Shows
U.S. total new vehicle sales are expected to rise 2.5% to 1.25 million units on an adjusted basis for the month of June, J.D. Power and GlobalData said in a joint report on Wednesday. However, same sales volume without adjusting … Source: Claims Journal
Read MoreHeat Wave Threatens Power Output and Wildfires Across Europe
Europe’s heat wave is intensifying, fueling wildfires across the Mediterranean and threatening to curb electricity generation from both nuclear and hydropower plants. Temperatures in Spain are forecast to hit 39C (102F) on Wednesday, but could climb further to 42C next … Source: Claims Journal
Read MoreHomes With Toxic Smoke Damage Deepen Insurance Nightmare in LA
Months after fire tore through Los Angeles’ Pacific Palisades neighborhood, homeowners are struggling to get reimbursed — not for houses reduced to rubble, but for the damage of smoke and toxins in the properties that remain. For residents such as … Source: Claims Journal
Read MoreEV-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
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