Posts by Y@DminG

The U.S. faces a widening gap between growing flood risk and the take-up of flood insurance, potentially exposing the nation to more than $375 billion in aggregated uninsured flood losses from a 1-in-100-year event, according to a new whitepaper from … Source: Claims Journal

In the case of County of San Bernardino v. Insurance Company of the State of Pennsylvania, the Ninth Circuit recently addressed the issue of whether general liability policies issued in the 1960s and 1970s included aggregate limits for claims arising … Source: Claims Journal

The Australian government said on Thursday it had launched legal action against 3M over contamination from firefighting foam supplied by the U.S. company that contained PFAS, or “forever chemicals,” seeking more than A$2 billion ($1.43 billion) in damages. The claim … Source: Claims Journal

The U.S. National Highway Traffic Safety Administration said on Thursday it has opened a preliminary probe into 114,922 Rivian vehicles over an issue with the rear toe link. The issue relates to the company’s R1S and R1T electric vehicles. The … Source: Claims Journal

CNN on Thursday filed a lawsuit against Perplexity, alleging the AI search engine provider is unlawfully distributing its copyrighted content, marking the latest legal tussle between the AI firm and a news publisher. “CNN’s lawsuit stands for the proposition that … Source: Claims Journal

Transactional risk claims with a major broker saw a 9% year-over-year decrease, a new report shows. Marsh Risk published its 2026 Global Transactional Risk Insurance Claims Report, providing a perspective on the transactional risk insurance claims landscape. Findings from the … Source: Claims Journal

OpenAI CEO Sam Altman said this week the rapid development and adoption of AI would not lead to a global “jobs apocalypse” and the technology had not claimed as many white-collar jobs as he had feared. Speaking virtually at a … Source: Claims Journal

What began as a lawsuit filed against Church Mutual Insurance Company on a $1 million-plus claim dispute turned into a potential $2 million award against a contractor after a jury found the contractor intentionally interfered with the insurance contract and … Source: Claims Journal

A North Carolina jury handed down what may have been the largest personal injury award in state history, five years after a retaining wall collapsed on workers, killing one and injuring four others. The lawsuit in Henderson County, near Asheville, … Source: Claims Journal

As Americans confront a surge in prices at the pump, another inflation wave is headed for the grocery store. A combination of factors including bad weather, tariffs and a dwindling cattle herd are already pushing up grocery prices at an … Source: Claims Journal