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The average cost of a business interruption claim is nearing $1 million, an upward trend that appears to have several causes. A new report shows BI losses are being pushed up by natural catastrophes, growing risk in supply chains, rising … Source: Claims Journal

Cornell University President Michael Kotlikoff announced plans to strengthen campus safety, including suspending fraternity parties, after sexual assault allegations from a former student roiled the Ivy League school and attracted national attention. “It is clear that women on our campus … Source: Claims Journal

Malaysia’s scandal-hit state fund 1Malaysia Development Bhd. has a proposal for settlement with Deutsche Bank AG in a $1.1 billion lawsuit, marking the latest potential resolution in the country’s long-running effort to recover money linked to the multibillion-dollar fraud. Malaysia’s … Source: Claims Journal

The eastern Pacific has set a record for hurricane activity as Hurricane Simon lashes Mexico’s west coast and another storm threatens to form. The basin had produced 68.5 hurricane days as of Tuesday morning, surpassing the previous record of 68.25, … Source: Claims Journal

Final settlements in a study of disputed property claims were typically 43% above insurer valuations, according to a new report. Finch Claims’s Q3 2026 State of the Claim Report examines estimates, settlements and payment timelines from a database of 9,333 … Source: Claims Journal

Tesla Inc. is facing scrutiny from U.S. auto-safety regulators over whether its driverless taxis exceed posted speed limits near schools, a new hurdle for the automaker’s slow-growing robotaxi service. The National Highway Traffic Safety Administration said it’s evaluating the claim … Source: Claims Journal

South Korean and Japanese companies are racing to strengthen cyber defenses after a wave of attacks that cybersecurity experts say are highlighting how AI may be lowering the bar for criminals with limited technical skills. Nine South Korean banks and … Source: Claims Journal

A New Jersey title insurance executive shot his wife and daughter and then shot himself, according to local police and prosecutors. Montgomery Township police discovered the double homicide and suicide when responding to a call to check on the occupants … Source: Claims Journal

ExxonMobil Holdings Corp. blocked a proposal for partners in the Kashagan oil field in Kazakhstan to make a settlement with the government over a disputed $5 billion environmental fine, according to people familiar with the matter. The status of that … Source: Claims Journal

The collision of an American Airlines regional jet and an Army Black Hawk helicopter near Ronald Reagan Washington National Airport last year that killed 67 people was the result of several systemic failures, according to a U.S. Army investigative report … Source: Claims Journal