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US, Britain Announce Formal Partnership on Artificial Intelligence Safety
The United States and Britain announced a new partnership on the science of artificial intelligence safety, amid growing concerns about upcoming next-generation versions. Commerce Secretary Gina Raimondo and British Technology Secretary Michelle Donelan signed a memorandum of understanding in Washington … Source: Claims Journal
Read MoreTop US Egg Supplier Idles Texas Plant After Bird Flu Outbreak
Cal-Maine Foods Inc., the biggest egg producer in the US, has culled roughly 3.6% of its flock after birds at a Texas facility tested positive for avian flu, adding to concerns over a widening outbreak. Nearly 1.6 million laying hens … Source: Claims Journal
Read MoreStudy: Homes in Idaho, Florida, Nevada Gained Most Value in the Last Decade
Idaho topped the list of states where homes gained the most value over a decade, a study using Zillow data shows. Idaho, with an average 171.03% increase in average value from $159,567 in 2013 to $432,476 in 2023, was followed … Source: Claims Journal
Read MoreOhio Manufacturer Faces $253K Fine for Employee’s Severe Injuries
Despite citations from the U.S. Department of Labor’s Occupational Safety and Health Administration for similar hazards at its Shelby, Ohio facility in 2022, ArcelorMittal Tubular Products USA LLC — a subsidiary of one of North America’s largest steel suppliers — … Source: Claims Journal
Read MoreGeorgia’s Latest Effort on Plaintiff Demands Aims to Deter Bad-Faith Claims
Georgia lawmakers have approved two bills that could have a significant impact on windstorm and bad-faith claim losses for property insurers. First, the bad-faith reform legislation. Auto insurers have for years fought for changes to Georgia’s auto claims-handling statutes, after … Source: Claims Journal
Read MoreAmericans Are Buying Cheaper Cars
Toyota Motor Corp. and Honda Motor Co. notched big US sales gains and General Motors Co. grew retail deliveries to start the year as demand for lower-priced models help automakers defy expectations for a broad slowdown. Toyota said Tuesday that … Source: Claims Journal
Read MoreCrypto Hit by $63 Million Hack of ‘Munchables’ Game in One of Year’s Biggest Exploits
The crypto sector suffered one of its biggest security incidents this year after a hacker swiped $63 million from a blockchain-based game. The game, Munchables, confirmed the incident in a post on X on Wednesday and said it would try … Source: Claims Journal
Read MoreFEMA: SW Florida Stripped of Flood Insurance Discounts After ‘Improper Rebuilds’
After spiking premiums, nonrenewals and complaints about unpaid claims, more than 115,000 property owners in southwest Florida are now facing a new slap in the face after 2022’s Hurricane Ian: 25% higher flood insurance rates because local officials reportedly allowed … Source: Claims Journal
Read MoreStates Across the US Midwest Are on Alert for Tornadoes: Weather Watch
Storms and tornadoes are in the forecast for states across the Midwest in the US, with further weather warnings and advisories stretching further east. There is a moderate risk of severe thunderstorms — which could bring hail, tornadoes, and straight-line … Source: Claims Journal
Read MoreMillions of Recalled Hyundai and Kia Vehicles, With Dangerous Defect, Remain on Road
In September, Hyundai and Kia issued a recall of 3.4 million of its vehicles in the United States with an ominous warning: The vehicles should be parked outdoors and away from buildings because they risked catching fire, whether the engines … Source: Claims Journal
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