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US Urges Fix for Widely Used Software After Critical Alerts
The U.S. government is working to address and stop any potential cybersecurity issues stemming from flaws in PHP, a widely used open-source software, that may impact federal agencies and American critical infrastructure, according to a White House official. The programming … Source: Claims Journal
Read MoreToyota Recalling 105,800 US Vehicles Over Fire Risk
Toyota is recalling 105,794 vehicles in the U.S. over a potential fuel leak that could raise the risk of fire if it reaches an ignition source, the National Highway Traffic Safety Administration (NHTSA) said on Wednesday. Here are some details: … Source: Claims Journal
Read MoreMeta to Pay Historic $25 Billion in New Mexico Deception Case
Meta Platforms Inc. was ordered to pay a groundbreaking $25 billion civil penalty to the state of New Mexico in a consumer deception case spurred by the Cambridge Analytica scandal. The fine issued by state court Judge Francis Mathew is … Source: Claims Journal
Read MoreGovernment Websites Go Dark As Vulnerabilities in Programming Language Send Shudder Across Internet
Government websites in Europe and elsewhere went offline on Wednesday after the disclosure of critical vulnerabilities in a widely used programming language sent website operators scrambling to protect their systems. Developers of the PHP programming language said Tuesday they had … Source: Claims Journal
Read MoreGallagher Re: Global Insured Cat Losses 29% Below Average Through September
Global insured losses from natural catastrophes totaled $92 billion during the first nine months of 2026, dropping 29% below the 10-year average of $128 billion, according to a new report. The losses were the lowest nine-month total since 2019, Gallagher … Source: Claims Journal
Read MoreInstacart Settling Probe Over Foreign Worker Recruiting for $5 Million
Instacart parent Maplebear will pay $5 million to settle a federal investigation into claims that the grocery delivery company discriminated against American workers through its recruiting and hiring practices, two U.S. agencies said on Tuesday. The U.S. Department of Justice … Source: Claims Journal
Read MoreAI Accelerates Cyber Threat Landscape, Poses New Risks for Insurers and Businesses
Industry executives speaking during a recent NetDiligence Cyber Risk Summit in Philadelphia said cyber losses are increasingly driven by operational disruptions, sophisticated fraud schemes, rather than traditional ransomware and data breaches alone. Not to mention, of course, the rapid adoption … Source: Claims Journal
Read MoreNew York Arrests 16 in Crackdown on Staged Insurance Crashes
New York state investigators arrested 16 people accused of staging car crashes and faking injuries to collect nearly $500,000 from insurers, one of the first major enforcement actions since Governor Kathy Hochul made auto insurance fraud a focus of her … Source: Claims Journal
Read MoreFrench Riots Seen as Insurance Test Before New Regime Kicks In
The damage wrought cross France by the recent street riots will demonstrate the extent of current insurance coverage, just months before a new state-backed system kicks in, according to DBRS Morningstar analysts. “The latest French unrest reinforces a broader trend … Source: Claims Journal
Read MoreBank of England Considers Stress Testing AI’s Effect on the Financial Sector
While the Bank of England is busy stress testing the U.K.’s private markets, another threat is looming in the minds of regulators. Turmoil caused by artificial intelligence is among the options being discussed for the BOE’s next system-wide exploratory scenario, … Source: Claims Journal
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