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The U.S. Northeast and Mid-Atlantic, including New York City, face another round of thunderstorms, increasing flood risks and transportation woes, with even the slight chance of a tornado. Source: Claims Journal

Claims adjusters hate AI the most, a new report shows. A report on how workers feel about AI shows the insurance sector, and claims adjusters in particular, feel anxious about AI. The report from Glassdoor shows most workers feel a … Source: Claims Journal

Insurers are aiming for a bigger slice of the market for significant risk transfers this year as banks step up their use of the hedging instruments. Firms expect to participate in about 50% more SRTs than in 2025, according to … Source: Claims Journal

Brazil’s government is seeking 500 million reais ($97.1 million) in damages from chat app Discord Inc. in a local lawsuit, while also demanding that the platform strengthen protections for children and women and comply with Brazilian law. The Justice Ministry … Source: Claims Journal

A Hong Kong court declined to remove PricewaterhouseCoopers International Ltd. from a multibillion-dollar lawsuit brought by China Evergrande liquidators against the firm and its Hong Kong and mainland Chinese affiliates. Deputy High Court Judge Patrick Fung said the evidence PwC … Source: Claims Journal

Private equity giant KKR & Co. has agreed to pay $250 million to resolve a civil antitrust case filed by the U.S. Justice Department alleging the investment firm intentionally withheld documents from government-required merger reviews on more than a dozen … Source: Claims Journal

Accounting firm Deloitte will pay $21.5 million to settle a U.S. Department of Justice probe over diversity, equity and inclusion practices, which President Donald Trump’s administration has cracked down on during his second term in office. The settlement marks a … Source: Claims Journal

Meta Platforms Inc. has agreed to pay up to $16.7 billion to settle a landmark social media case with multiple U.S. states, according to a court filing Wednesday. The deal requires the company to put new guardrails on its platforms … Source: Claims Journal

So-called “nuclear” verdicts did not subside in 2025. In fact, it was quite the opposite. According to a new report from strategic communications and research firm Marathon Strategies, there were nearly 200 verdicts resulting in an award of at least … Source: Claims Journal

Canada hit back on Tuesday with retaliatory tariffs on about $20 billion worth of U.S. annual imports and rolled out aid for businesses and workers, matching Washington’s latest duties dollar-for-dollar. The counter-tariffs on U.S. goods take effect on September 8 … Source: Claims Journal