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As the Trump administration stalls federal funding for projects intended to make states more resilient to climate change and private insurers decline to cover properties in high-risk zones, North Carolina just proved there’s another way to fund disaster preparedness: a … Source: Claims Journal

It is often said that things in life (good or bad) happen in threes. Whether this is true is beyond this author’s expertise. However, when it comes to Workers’ Compensation Medicare Set-Asides (WCMSAs), the financial arrangements to ensure that Medicare … Source: Claims Journal

A three-year pilot program using video surveillance and coaching at New York City construction sites led to enhanced job safety and a more than 50% drop in workers’ compensation claims frequency. According to insurer Zurich North America, Zurich Resilience Solutions … Source: Claims Journal

While insurance consumers may be warming up to artificial intelligence, 68% say they believe the insurance company gets most of or all the benefits of AI adoption. AI is becoming more ingrained and accepted as part of the insurance industry’s … Source: Claims Journal

A barge carrying 192 shipping containers that ran aground in the Bahamas and was quickly looted has returned to Jacksonville, ending a stormy journey that will likely result in millions of dollars in insurance claims. The barge, known as the … Source: Claims Journal

Snowy and blustery conditions are spreading across the U.S. Midwest, triggering power outages and potential ground and air delays on the eve of the Thanksgiving holiday. Source: Claims Journal

OpenAI defended itself against a lawsuit accusing ChatGPT of coaching a 16-year-old to kill himself, saying the chatbot directed the teenager to seek help more than 100 times. In a court filing Tuesday, the artificial intelligence startup called the death … Source: Claims Journal

In a lawsuit begun more than a decade ago and which led to counter-suits, appeals to the Florida Supreme Court and attention from national tort-reform groups, a Palm Beach County jury has awarded more than $50 million to the former … Source: Claims Journal

Warner Music Group Corp. and Suno, a generative-artificial intelligence music startup, settled their copyright lawsuit and agreed on a new partnership for creating music. Warner and the other major record labels sued Suno and its competitor Udio last year, accusing … Source: Claims Journal

A central Georgia insurance agency owner and former Alfa insurance agent of the year must serve more than two years in prison after pleading guilty to bank fraud and misusing more than $220,000 in premiums. Jeremy Lasseter, who owned a … Source: Claims Journal