Uncategorized
AI Beats Traditional Weather Models in Forecasting Wildfires
Artificial intelligence is improving the accuracy of fire forecasts made by Europe’s top intergovernmental weather center. Traditional fire forecasts are largely based on weather models that predict temperature, humidity, wind speed and precipitation. By contrast, the Probability of Fire model … Source: Claims Journal
Read MoreNorth Korean IT Warriors Push to Infiltrate European Firms
North Korean IT workers are increasingly posing as remote freelancers from other countries to infiltrate companies in Europe, putting organizations at risk of espionage, data theft and disruption. The workers, who refer to themselves as “warriors,” secure roles at companies … Source: Claims Journal
Read MoreBill to Beef up Claims Paying Capacity for California FAIR Plan Moving Through Legislature
A bill that aims to enable the California FAIR Plan to seek additional claims paying capacity is making its way through state Legislature. Assembly Bill 226, the FAIR Plan Stabilization Act, passed out of the Assembly 72-0. Related: California OKs … Source: Claims Journal
Read MoreTrump’s Trade War Forces Canada into Decision on Whether to Hit US Autos
Vehicle buyers in Canada are trying to beat the price hikes of a trade war, as the government of Prime Minister Mark Carney prepares to strike back against the latest fusillade of import taxes from the White House. U.S. President … Source: Claims Journal
Read MoreDeutsche Bank’s DWS Pays $27M in German Greenwashing Case
Deutsche Bank AG’s investment arm DWS agreed to pay €25 million ($27 million) to end a long-running German investigation into alleged greenwashing, in a similar settlement to the one it struck with U.S. regulators in 2023. DWS gave a false … Source: Claims Journal
Read MoreReport: 75% of Small Businesses Had Workplace Injuries, Mental Health A Growing Concern
Three-quarters of small businesses reported a workplace injury in the past year, while mental health-related injuries grew to become the most common workplace injury, a report using data from more than 1,000 small business owners shows. The report examines the … Source: Claims Journal
Read MoreUK to Compel 1,000 Firms to Shore up Cyber Defenses After Hacks
The U.K. government will pass legislation compelling companies providing IT services to critical national infrastructure to improve their cyber defenses after a wave of attacks by Russia, China, Iran and North Korea. As many as 1,000 firms will fall under … Source: Claims Journal
Read MoreRYZE Acquires Leading-Edge Claims Service and Acorn Claims
RYZE Claims Solutions has acquired Leading-Edge Claims Service and Acorn Claims in separate deals. Leading-Edge will operate as a division of RYZE, and its founder, Troy Hansen, will lead operations. Southlake, Texas-based Leading-Edge Claims Service is a provider of claims … Source: Claims Journal
Read MoreVW, Stellantis, Renault Among Firms Fined $495M Million by EU
Volkswagen AG, Renault SA and Stellantis NV were among the hardest hit in a €458 million ($495 million) package of fines dished out by the European Union against carmakers for participating in an illegal cartel for the recycling of end-of-life … Source: Claims Journal
Read MoreSmoke Damage from LA Wildfires Leaves Questions to Be Answered
The question has come up wondering if smoke damage is covered for those homes that were impacted by the Los Angeles wildfires but were not damaged by the actual fires. A cloud of smoke from a fire is larger than … Source: Claims Journal
Read More