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34,000 PG&E Customers Without Power on California Fire Risk
More than 34,000 homes and businesses remain without power across PG&E Corp.’s service area after a weekend outage due in part to dry and windy conditions that raised the risk of wild fires. There were 659 outages impacting 34,322 customers … Source: Claims Journal
Read MoreHalf of Pilots Killed in US Accidents Tested Positive for Drugs
More than half of pilots killed in U.S. civil aviation accidents between 2018 and 2022 tested positive for at least one drug, the U.S. National Transportation Safety Board said in a report published Thursday. Of the 984 pilots who died … Source: Claims Journal
Read MoreUS Sees A 27% Increase in Recalled Products in Q1, Report Shows
U.S. product recall activity remained elevated in the first quarter, a new report shows. Sedgwick’s latest U.S. recall report shows the volume of defective products recalled across five U.S. industries rose 27% quarter-over-quarter to 492 million units in the first … Source: Claims Journal
Read MoreIllinois Man Receives $300K Settlement From Dog Attack
An Illinois man who suffered severe injuries to his hand and fingers in a dog attack received a $300,000 settlement, the law firm John J. Malm & Associates said. The man attacked by two pit bulls while taking his German … Source: Claims Journal
Read MoreSnap, YouTube Settle School-Social Media Suit Ahead of Trial
Google’s YouTube and Snap Inc. reached agreements to settle the first lawsuit headed to trial over claims that addiction to top social media platforms has disrupted learning and pushed public schools to spend massive sums fighting a mental health crisis, … Source: Claims Journal
Read MoreStudy: California Workers’ Comp Claim Costs Continue to Rise
California’s workers’ compensation system continues to experience moderate but persistent cost growth due to wage increases, labor market conditions, rising medical expenses and system complexity. Payments per claim in California’s workers’ comp system have risen steadily since 2021, according to … Source: Claims Journal
Read More‘Big Tobacco’ Moment for Cannabis: What Insurers Need to Know About Murray v. Cresco
A massive 320-page class action complaint has the attention of the cannabis sector. The insurance professionals who underwrite it should also be paying close attention. The case, Murray et al. v. Cresco Labs Inc. et al., was filed on May … Source: Claims Journal
Read MoreJudge Considers Anthropic’s $1.5 Billion Settlement of Authors’ Lawsuit
A federal judge on Thursday pressed lawyers for more information on several points of artificial intelligence company Anthropic’s proposed $1.5 billion settlement with authors who accused it of misusing their books to train its AI chatbot Claude. U.S. District Judge … Source: Claims Journal
Read MoreFor Carriers, AI Can Now Mean Hyper-Personalized Customer Service, Leaders Say
NASHVILLE—The future of property/casualty insurance is here and it looks a lot like … a devoted personal assistant for the policyholder, one that moves at lightning speed and never complains or takes a day off. “You want your customer personalization … Source: Claims Journal
Read MoreReport: Hybrid Vehicle Collision Claims Hit Record High in First Quarter
Claims for mild hybrid electric vehicles surged to record highs in North America, with year-over-year increases of 25% in the U.S. and 33% in Canada, a new report shows. Claims for MHEVs were up 5.69% in the U.S. and 5.28% … Source: Claims Journal
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