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Oil Prices Jump After Trump Says Attacks on Iran Will Continue
Oil prices climbed to around $110 a barrel on Thursday after President Donald Trump said the U.S. would continue attacks on Iran, stoking fears of prolonged disruptions to oil supply. Brent crude futures LCOc1 were up $7.96, or 7.9%, to … Source: Claims Journal
Read MoreSole Proprietor Need Not Notify Insurer of Injury by Deadline for Workers’ Comp
The Pennsylvania Supreme Court has concluded that an individual who is the sole owner and employee of a business is not required to provide his insurance carrier with notice of his work-related injury within 120 days to qualify for workers’ … Source: Claims Journal
Read MoreVolkswagen Recalling 75,000 Cars in US Over Instrument Panel Display Failure
Volkswagen is recalling 75,323 cars in the U.S. over an instrument panel display failure, the U.S. National Highway Traffic Safety Administration said on Wednesday. Related: Stellantis Recalling 178,000 Mini Vans in US Over Side-Curtain Airbag Issue Here are some details: … Source: Claims Journal
Read MoreCalifornia Drought, Wildfire Risks Grow as Snow Falls Short
California is heading into its dry season with just a fraction of the snow it typically has across its highest peaks at the end of its winter months, raising the prospects of drought across the most populous U.S. state. Statewide, … Source: Claims Journal
Read MoreCalifornia’s Surplus Lines HO Market’s New Phase Driven by Access, Not Wildfire Risk
It’s been more than two years since I wrote an analysis based on Surplus Line Association of California insight and data for an Insurance Journal article forecasting that the state’s homeowners insurance market was entering a structural transition driven primarily … Source: Claims Journal
Read MoreHail A Growing Loss Driver on Rising Tide of Severe Convective Storm Risk, Allianz Says
Hailstorms drove record insured damages as severe convective storms become more common and damaging, popping up in new places, a new report shows. Source: Claims Journal
Read MoreLaGuardia Controller Staffing May Have Violated Procedures Night of Collision, Document Shows
Air traffic controller staffing at LaGuardia airport on the night an Air Canada jet collided with a fire truck may have violated the facility’s procedures by combining roles before midnight, according to a document seen by Reuters. The crash at … Source: Claims Journal
Read MorePerplexity AI Machine Accused of Sharing Data With Meta, Google
Perplexity AI was accused in a lawsuit of surreptitiously sharing the personal information of its users with Meta Platforms and Alphabet Google in violation of California privacy laws. Source: Claims Journal
Read MoreStellantis Recalling 178,000 Mini Vans in US Over Side-Curtain Airbag Issue
Stellantis will recall 178,246 mini vans in the U.S. over improperly sealed side curtain airbags, the U.S. National Highway Traffic Safety Administration said on Tuesday. Here are some details: The recall includes certain Pacifica and Voyager mini vans, according to … Source: Claims Journal
Read MoreNorth Korea-Linked Hack Hit Axios Software That Powers Online Services
Hackers linked to North Korea breached behind-the-scenes software that runs many common online functions in an effort to steal login information that could enable further cyber operations, Google said on Tuesday. The hackers targeted Axios, a program that connects apps … Source: Claims Journal
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