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Over 44,400 Lives Lost Due to US Vehicle Crashes in 2023
There were about 44,450 motor vehicle fatalities in the United States in 2023—down from 2022 but still very high—according to a preliminary analysis released by the National Safety Council (NSC). Fatalities were down 4% from 2022 but still up 13.6% … Source: Claims Journal
Read MoreWinklevoss’s Gemini to Return $1.1B to Customers in New York Settlement
Gemini Trust Co., the crypto exchange founded by twin entrepreneurs Cameron and Tyler Winklevoss, will return at least $1.1 billion to customers though the Genesis Global Capital bankruptcy as part of settlement with the New York Department of Financial Services. … Source: Claims Journal
Read MoreViewpoint: How Public Adjusters Bridge The Gap in California’s Insurance Landscape
When you consider the types of disaster that might befall a California homeowner, flooding might not be the first thing that comes to mind. But as climate change triggers more erratic weather patterns, bringing more frequent and extreme natural disasters—including … Source: Claims Journal
Read MoreChange Healthcare Cyberattack is Still Disrupting Pharmacies, Other Providers
A cyberattack that has disrupted Change Healthcare’s computer networks for nearly a week is creating a growing administrative problem for pharmacies and health-care providers around the nation. Change Healthcare, a division of UnitedHealth Group Inc., processes insurance claims and pharmacy … Source: Claims Journal
Read MoreForecast Calling for Blizzard Conditions That Could Bury California Mountain Towns in Feet of Snow
Snow was expected to pick up across portions of Oregon, Northern California and northwestern Nevada by Wednesday night, according to AccuWeather meteorologists, who are forecasting heavy snow to expand through the northern and central Sierra on Thursday. The best chance … Source: Claims Journal
Read MoreGoogle Hit With $2.3B Lawsuit By Axel Springer, Other Media Groups
Alphabet’s Google was hit with a 2.1-billion-euro ($2.3 billion) lawsuit by 32 media groups including Axel Springer and Schibsted on Wednesday, alleging that they had suffered losses due to the company’s practices in digital advertising. The move by the group … Source: Claims Journal
Read MoreOhio on Tornado Watch After Storms Sweep Midwest: Weather Watch
Eleven tornadoes were reported across the Midwest, with five coming in Illinois, four in Ohio and two in Michigan, the US Storm Prediction Center said as of 7 a.m. New York time. In addition, there were 36 instances of high … Source: Claims Journal
Read MoreFamily Dollar to Pay $41M Fine Over Rodent-Infested Distribution Center
Family Dollar will $41.7 million for holding food, drugs, medical devices, and cosmetics under insanitary conditions at company’s West Memphis, Arkansas, distribution center. A criminal information charged Family Dollar with one misdemeanor count of causing FDA-regulated products to become adulterated … Source: Claims Journal
Read MoreSix Charged in Alleged $1M Auto Insurance Claims Scheme in Massachusetts
Six people have been indicted in connection with the alleged filing of fraudulent insurance claims through their auto body repair business in Everett, Massachusetts. Four of the defendants were arraigned this week in Middlesex Superior Court, while two others also … Source: Claims Journal
Read MoreReport: Millennials More Likely to Embrace AI in P/C Insurance than Others
Millennials are much more likely to view AI as a positive development in property/casualty insurance compared to other generations, according to a new report that underscores contrasting perspectives of different generations toward AI technology and its impact on insurance. The … Source: Claims Journal
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