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The tally of losses from the historic wildfires in Washington over the summer continues to grow, but by so do the lessons being learned. Insured losses from the wildfires that plagued Washington for nearly half the summer are nearing $1 … Source: Claims Journal

Fireworks AI, a popular startup that helps companies run artificial intelligence models, notified customers on Monday of a security breach in which their data was accessed, its second known hack in a matter of weeks. A Fireworks spokesperson said the … Source: Claims Journal

Insurers are taking steps to limit their exposure to the risk of losses tied to a wave of street protests in cities across Europe. The industry has started imposing caps on coverage, raising deductibles and — in some high-risk locations … Source: Claims Journal

The premise of managed repair is straightforward: rather than insurance carriers reimbursing policyholders directly for property damage, carriers refer claims to a managed repair program. The MRP coordinates documentation of the repairs necessary to return the structure to its preloss … Source: Claims Journal

The U.S. Supreme Court asked the Trump administration for input on an appeal from pharmaceutical and medical-device companies that are trying to stop a lawsuit accusing them of helping to finance terrorist attacks in Iraq. The companies are seeking review … Source: Claims Journal

Progress Residential, the biggest U.S. manager of single family rental homes, will pay $49.8 million to settle allegations by the Federal Trade Commission and four states that it deceived renters with hidden fees, an FTC official told Reuters on Friday. … Source: Claims Journal

Asphalt-roofing manufacturers have come out swinging against a new Insurance Institute for Business and Home Safety standard that limits the coveted “Fortified” designation to roofs younger than 15 years. The manufacturers’ response could lend new fuel to the debate over … Source: Claims Journal

The National Highway Traffic Safety Administration on Monday said it opened a preliminary evaluation into more than 1.2 million Ford vehicles over the accidental deployment of seat-mounted side airbags that caused serious burn injuries. NHTSA said it has received eight … Source: Claims Journal

France has openly pointed the finger at Iran for recent cyberattacks that crippled fridges and created havoc in hundreds of supermarkets across the nation. “The responsibility for this attack lies with Iran’s Islamic Revolutionary Guard Corps,” French Foreign Minister Jean-Noel … Source: Claims Journal

The U.S. National Highway Traffic Safety Administration said on Monday it had opened a recall query into 2,895 vehicles operated by Alphabet’s self-driving unit Waymo over continued traffic safety violations involving the vehicles’ behavior when encountering school buses. The probe … Source: Claims Journal