Posts by Y@DminG

The idea that AI tools can help plaintiffs’ lawyers to improve finely tuned litigation strategies that ultimately drive insurance company claims payouts is not new to insurance industry readers. Nor is the suggestion that defense firms need to try to … Source: Claims Journal

A Massachusetts judge on Friday blocked GE Vernova from abandoning work on the largest offshore wind farm in New England after developer Vineyard Wind refused to pay over $300 million the turbine supplier says it is owed for the $4.5 … Source: Claims Journal

The Financial Stability Board is gathering information from members about potential risks posed by Anthropic’s Mythos model as it look to share such insights more broadly among its network of regulators and central bankers to help them judge the risks … Source: Claims Journal

U.S. cyber insurers in 2025 reversed a couple of years of decline in direct written premiums to post growth of 11% but, according to Fitch Ratings, there are some underwriting concerns brought on by developments with artificial intelligence. Fitch said … Source: Claims Journal

A federal judge last month approved a preliminary class settlement resolving claims that State Farm underpaid Arkansas policyholders for total loss vehicle claims by applying an erroneous valuation method. Under the settlement agreement, State Farm will pay $15.6 million to … Source: Claims Journal

Iran announced that the Strait of Hormuz is now “completely open” for commercial traffic, a big step toward ending a war that’s sent energy prices surging. Source: Claims Journal

Ford is recalling about 1.4 million F-150 pickup trucks in the U.S. following a U.S. National Highway Traffic Safety Administration investigation into reports of unexpected downshifts, the regulator said on Friday. The NHTSA said Ford was aware of two “potentially” … Source: Claims Journal

Ford is recalling about 1.4 million F-150 pickup trucks in the U.S. following a U.S. National Highway Traffic Safety Administration investigation into reports of unexpected downshifts, the regulator said on Friday. The NHTSA said Ford was aware of two “potentially” … Source: Claims Journal

The medical officer for the Texas summer camp where 27 girls were killed in a flood last year testified Tuesday she still has not officially reported the deaths to the state health agency that regulates camps and is reviewing its … Source: Claims Journal

An insurance fraud scheme involving a bear costume, luxury vehicles and falsified damage claims has ended in convictions for three Los Angeles area residents. A California Department of Insurance investigation began after an insurance company suspected fraud after insureds claimed … Source: Claims Journal