Posts by Y@DminG
Philippine Typhoon Deaths Climb to 116 as New Storm Looms
Typhoon Kalmaegi killed at least 116 people in the Philippines, becoming the deadliest storm to hit the Southeast Asian nation in a year, with dozens more missing. The typhoon, locally known as Tino, also displaced more than half a million … Source: Claims Journal
Read MoreEx-Cybersecurity Staff Charged With Moonlighting as Hackers
Three employees at cybersecurity companies spent years moonlighting as criminal hackers, launching their own ransomware attacks in a plot to extort millions of dollars from victims around the country, US prosecutors alleged in court filings. Ryan Clifford Goldberg, a former … Source: Claims Journal
Read MoreJamaica to Get Record $70.8M Parametric Payout for Hurricane Melissa
The Caribbean Catastrophe Risk Insurance Facility will make a payout of US$70.8 million to the government of Jamaica to cover damages from Hurricane Melissa. This marks the largest single payout in the history of CCRIF, the Cayman Islands-based parametric catastrophe … Source: Claims Journal
Read MoreResearch Report Shows Cyber Insurance Growing 15% in 2026 on AI And Data Threats
Written cyber insurance premiums will rise 15% in 2026 as new artificial intelligence threats and data demands emerge. In a new report, analysts at Forrester Research anticipate that the widespread adoption of AI will reverse the cyber market’s recent deceleration. … Source: Claims Journal
Read MoreSins of Policy Interpretation: A call to repentance
Written words have an intended meaning. Fair-minded readers try to grasp that meaning. But other readers impute motives to the writer either to serve their own ends or to protect the writer from unforeseen consequences. Once, early in my career, … Source: Claims Journal
Read MoreExperts Mull Impacts of Tariffs, Technology, Shifting Vehicle Repair Landscape
Rising parts costs, consumer affordability issues, changing vehicle technology and tariffs continue to impact the auto claims and repair landscape, experts say. Those were among the topics focused on during CCC Intelligent Solutions’ Q3 Crash Course webinar in late October, … Source: Claims Journal
Read MoreTariff-Linked Class Action Suits to Boost D&O Insurance Demand
A group of Dow Inc. investors filed a lawsuit at the end of August accusing the chemical manufacturer of failing to properly disclose the impact of tariffs on its business. This is the first investor class action linked to President … Source: Claims Journal
Read MoreTariff-Linked Class Action Suits to Boost D&O Insurance Demand
A group of Dow Inc. investors filed a lawsuit at the end of August accusing the chemical manufacturer of failing to properly disclose the impact of tariffs on its business. This is the first investor class action linked to President … Source: Claims Journal
Read MoreStellantis Recalling 375K Jeep SUVs Over Fire Risks, Urges Owners to Park Outside
Stellantis said Tuesday it is recalling 375,000 plug-in hybrid Jeep Wrangler and Grand Cherokee SUVs worldwide over battery failure after 19 reports of fires, and urged owners to park outdoors until a fix is completed. The recall covers some 2020 … Source: Claims Journal
Read MoreTyphoon Kalmaegi Kills 21 as It Pummels Central Philippines
Typhoon Kalmaegi killed 21 people and displaced nearly 400,000 more as it dumped heavy rains and caused widespread flooding in central Philippines. Source: Claims Journal
Read More