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Five Electric Vehicles Earn High Crash Test Ratings from IIHS
A handful of electric vehicles earned high crash test ratings from the Insurance Institute for Highway Safety. Five out of seven electric vehicles recently tested by the IIHS performed well in a key crash test, while two others struggled with … Source: Claims Journal
Read MoreCalling Time on Luxury Watch Fraud: A Digital Counter-Revolution
Luxury watches have long attracted crime. These small, high-value, portable goods are easier to steal than fine art, and easier to transport than drugs or arms. Press coverage as early as the 1990s was calling attention to how Rolex watches … Source: Claims Journal
Read MoreAnthropic: Businesses Are Mostly Using AI to Automate Work
Businesses are overwhelmingly relying on Anthropic’s artificial intelligence software to automate rather than collaborate on work, according to a new report from the OpenAI rival, adding to the risk that AI will upend livelihoods. More than three quarters (77%) of … Source: Claims Journal
Read MoreStudy: Medical Costs Double in California Comp Claims Associated With Functional Restoration Programs
Claims associated with functional restoration programs in California’s workers’ compensation system averaged $234,003 total, 59% higher than matched non-FRP claims, a new study shows. A study from the California Workers’ Compensation Institute out this week examines FRPs, multidisciplinary treatments aimed … Source: Claims Journal
Read MoreANZ Paying $160M Over Customer Violations, Bond Deal
ANZ Group agreed to pay A$240 million ($159.5 million), the Australian corporate regulator’s largest-ever penalties against a single entity, over systemic failures ranging from acting “unconscionably” in a government bond deal to charging dead customers. The penalties announced on Monday … Source: Claims Journal
Read MoreRolling Stone, Billboard Owner Penske Sues Google Over AI Overviews
The owner of Rolling Stone, Billboard and Variety sued Google on Friday, alleging the technology giant’s AI summaries use its journalism without consent and reduce traffic to its websites. The lawsuit by Penske Media in federal court in Washington, D.C., … Source: Claims Journal
Read MoreAMP to Pay $80 Million to Settle Class Action Over Pension Fees
AMP Ltd. has agreed to pay A$120 million ($80 million) to settle a class action alleging the financial group charged excessive fees on some pension accounts for more than a decade. The in-principle agreement relates to fees charged to members … Source: Claims Journal
Read MoreNorth Korean Hackers Used ChatGPT to Help Forge Deepfake ID
A suspected North Korean state-sponsored hacking group used ChatGPT to create a deepfake of a military ID document to attack a target in South Korea, according to cybersecurity researchers. Attackers used the artificial intelligence tool to craft a fake draft … Source: Claims Journal
Read MoreAmazon Tests GM EV Delivery Vans in Bid to Meet Climate Goals
Amazon.com Inc. has been quietly evaluating General Motors Co.’s BrightDrop electric van, evidence that the e-commerce company continues to explore options to reduce the carbon emissions of its sprawling delivery operation. Amazon confirmed in a statement to Bloomberg that it … Source: Claims Journal
Read MoreUS Launches Pilot Program to Speed Air Taxi Deployment
The Trump administration announced a new pilot program on Friday to speed the deployment of flying air taxis as companies work to meet regulatory hurdles for advanced air mobility. The Federal Aviation Administration said the program will include at least … Source: Claims Journal
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