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With 28 separate natural disaster events costing at least $1 billion and totaling more than $93 billion in catastrophe losses, 2023 was a historic year for billion-dollar weather and climate disasters in the U.S. That’s a big enough figure. However, … Source: Claims Journal

Increased distractions, staffing shortages, and safety risks mean that 60% of company drivers are worried about their personal safety and liability behind the wheel. Over half have been involved in or witnessed an accident in the past year. According to … Source: Claims Journal

The U.S. Coast Guard said it is evaluating whether other bridges nationwide are at risk after a cargo ship crashed into the Francis Scott Key Bridge in Baltimore in March, killing six people and destroying the Patapsco River crossing. Coast … Source: Claims Journal

More than 946,000 homes and businesses in Texas, Louisiana and other Gulf Coast states were still without power on Friday morning after killer storms battered the region on Thursday, according to meteorologists and data from PowerOutage.us. The storm with hurricane-force … Source: Claims Journal

Two voice actors sued artificial-intelligence startup Lovo in Manhattan federal court on Thursday, accusing the company of illegally copying their voices and using them without permission in its AI voiceover technology. Paul Lehrman and Linnea Sage said in the proposed … Source: Claims Journal

Spotify Technology SA used a legalistic word change to justify slicing royalties to musicians and publishers, reducing the revenue on which royalties are based by almost 50%, according to lawsuit filed by the group that collects their payments. The change … Source: Claims Journal

How to handle complex ports and terminals business interruption insurance claims, marine and cargo damages, and marine stock claims are topics that have again come to the forefront of claims professionals’ minds following the tragic Francis Scott Key Bridge collapse … Source: Claims Journal

Handdii Holdings Inc. announced a strategic investment by Johns Lyng Group. A spokesman said the deal is a “significant investment” that does not create a change of control for handdii. JLG will join the handdii board along with existing investor … Source: Claims Journal

SCA Claim Services named Max Alwag as its quality assurance director. Alwag will lead a quality assurance team of licensed adjusters tasked with the review of claims. The team’s responsibilities include cycle time compression and loss cost reduction, prevention of … Source: Claims Journal

A 64% jump in ransomware claims in 2023 is driven by an explosion in “indirect” ransomware incidents, up over 415% in 2023, with remote access tools accounting for 58% of attacks. The year-over-year increases were seen among mid-market and emerging … Source: Claims Journal