Posts by Y@DminG

The Lloyd’s of London insurance market will continue to provide cover for vessels traveling through the Strait of Hormuz even as shipowners avoid the area. Source: Claims Journal

The U.S. government on Wednesday asked companies to strengthen the security of Microsoft’s endpoint management tool, after a cyberattack on medical device maker Stryker Corp. week. The March 11 cyberattack hit Stryker’s computer systems, causing widespread disruption to its business, … Source: Claims Journal

Music company BMG Rights Management has sued artificial intelligence company Anthropic in California federal court for allegedly using its copyrighted lyrics to train the large language models powering its Claude chatbot. BMG said in the complaint filed on Tuesday that … Source: Claims Journal

A powerful software exploit capable of penetrating and stealing information from potentially hundreds of millions of Apple iPhones was planted on dozens of websites in Ukraine in recent weeks, researchers said on Wednesday. The discovery marks the second time this … Source: Claims Journal

The U.S. Federal Aviation Administration is suspending the practice of pilots relying on their sight to maintain safe distances between helicopters and planes in areas where they’re likely to cross paths, the latest safety measure imposed since last year’s deadly … Source: Claims Journal

Tesla Inc. was sued by the sole survivor of a 2024 Cybertruck crash in California that killed three college students who were unable to escape the burning vehicle, the latest in a growing body of litigation faulting the automaker’s electrically … Source: Claims Journal

Microsoft is considering legal action against its partner OpenAI and Amazon over a $50 billion deal that could violate its exclusive cloud agreement with the ChatGPT maker, the Financial Times reported on Wednesday. Last month, Amazon and OpenAI signed several … Source: Claims Journal

A combination of faster repair and payment cycle times, along with enhanced digital capabilities, has helped drive significant improvements in the overall customer experience with the property claims process in the United States. JD Power reported those findings while announcing … Source: Claims Journal

U.S. home insurance premiums are set to rise for a fifth straight year in 2026 as insurers grapple with losses from extreme weather and high rebuilding costs. The average annual premium is projected to increase 4% to about $3,057 this … Source: Claims Journal

Insuring vessels to sail through the Strait of Hormuz is still possible, even if at a very high cost, according to people involved in the market. The cost of coverage has leaped to about 5% of the value of a … Source: Claims Journal