Posts by Y@DminG

Scale AI Inc. sued rival data-labeling startup Mercor, accusing the firm and a former Scale employee of stealing trade secrets to attract new business. The suit, filed in San Francisco federal court Wednesday, alleges that Scale’s former head of engagement … Source: Claims Journal

Step into any claims office and you’ll see employees carrying more than caseloads; they’re carrying exhaustion. In insurance, where precision and empathy are the twin engines of effective claims handling, burnout isn’t just a workforce issue. It’s a business risk … Source: Claims Journal

EDITOR’S NOTE — This story includes discussion of suicide. If you or someone you know needs help, the national suicide and crisis lifeline in the U.S. is available by calling or texting 988. Artificial intelligence chatbot makers OpenAI and Meta … Source: Claims Journal

A U.S. judge on Wednesday will hold a hearing on whether to approve a deal between the Justice Department and Boeing that allows the planemaker to avoid prosecution on a charge stemming from two fatal 737 MAX plane crashes that … Source: Claims Journal

Delta Air Lines has agreed to pay $79 million to settle a class-action lawsuit filed in 2020 after one of its airplanes that was experiencing engine trouble dumped its fuel over schoolyards and densely populated neighborhoods near Los Angeles. The … Source: Claims Journal

Sedgwick named Kalani Reelitz chief financial officer. Reelitz will oversee all aspects of Sedgwick’s financial strategy and operations, from planning and reporting to capital structure, risk management, procurement and real estate. Reelitz has experience with global operations, developing top talent … Source: Claims Journal

The average estimated annual insured property loss from natural events around the world has risen to $152 billion – up sharply from recent years – and much of that is from severe thunderstorms, winter storms, wildfires and floods, not large … Source: Claims Journal

When Hurricane Katrina made landfall in southern Louisiana 20 years ago, the region was ill-prepared for the 125 mph winds and catastrophic flooding that would follow. Louisiana, like the rest of the United States, was still adopting modern international building … Source: Claims Journal

X Corp. cannot be forced to cover the upfront fees of arbitrating a series of legal disputes by former employees who lost their jobs after Elon Musk acquired the social media company, a U.S. appeals court ruled on Tuesday. A … Source: Claims Journal

Walt Disney will pay $10 million to settle U.S. Federal Trade Commission allegations that the company unlawfully allowed personal data to be collected from children who viewed kid-directed videos on YouTube without notifying parents or obtaining their consent, the FTC … Source: Claims Journal