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The Atlantic hurricane season continues to roll through its traditionally most active time of year without a storm, however there is a growing chance that may change soon. Two systems — one in the Caribbean and the other near Cabo … Source: Claims Journal

Ransomware groups increased their activity significantly in the second quarter, new report from a Travelers subsidiary shows. The report from Corvus Insurance details attacks against 1,248 victims, a 16% increase from the previous quarter. The company’s Q2 2024 Cyber Threat … Source: Claims Journal

Hewlett Packard said it would continue legal proceedings to seek up to $4 billion in damages from British billionaire Mike Lynch’s estate in the UK. The U.S. company had been seeking compensation over its acquisition of British tech firm Autonomy … Source: Claims Journal

The Hawaii Supreme Court will be asked to weigh in on an issue that threatens to thwart a $4 billion settlement in last year’s devastating Maui wildfires. Judge Peter Cahill on Maui agreed to ask the state high court questions … Source: Claims Journal

Trust impacts customer satisfaction, loyalty and brand advocacy more than other factors when small businesses choose a commercial insurance provider, a new survey shows. A J.D. Power 2024 U.S. Small Commercial Insurance Study showed that among small businesses with the … Source: Claims Journal

Halliburton Co., the world’s largest provider of fracking services, said a recent cybersecurity attack that’s disrupted its business is unlikely to materially impact its finances or operations. The Houston-based company continues to evaluate the nature and scope of the breach … Source: Claims Journal

Product recalls in the U.S. decreased across the automotive, consumer product, food and drink, medical device and pharmaceutical industries in the second quarter, a new report shows. A report from Sedgwick shows the 788 recalls across those industries represent a … Source: Claims Journal

California, Oregon, Colorado, Washington and Arizona are the states most at risk for wildfires, earning an “F” rating, according to a new analysis by Guidewire detailing wildfire risk in the U.S. at local, state, and national levels. Guidewire’s HazardHub data … Source: Claims Journal

Typhoon Shanshan, which struck southern Japan last week with heavy rain and strong winds, was likely intensified by climate change, according to a study from Imperial College London. Researchers with the university teased out the contribution of global warming to … Source: Claims Journal

Georgia lawmakers this year put an end to direct-action lawsuits against trucking companies’ insurers, but that did not come soon enough to bar litigation brought by people involved in accidents with ride-sharing services. The Georgia Court of Appeals this week … Source: Claims Journal