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Aircraft lessor SMBC Aviation Capital has booked a further $654 million in proceeds from insurance settlements over the past year related to jets stranded in Russia following Western sanctions, the Irish-headquartered company said on Thursday. That brought SMBC’s total recoveries … Source: Claims Journal

A former Westminster, California, police officer and her stepfather were charged in a large-scale workers’ compensation fraud case after an investigation revealed the officer collected more than $600,000 in disability payments while reportedly engaging in physically strenuous activities. Nicole Brown, … Source: Claims Journal

The plane crash set 15 homes on fire as well as vehicles, and forced evacuations along several blocks. Source: Claims Journal

Cargo theft activity across the U.S. is on the rise with reported incidents in 2025 already reaching rates that exceed historical averages, a new report shows. The rates could an even bigger boost ahead of the ahead of the Memorial … Source: Claims Journal

The U.S. Department of Labor’s Occupational Safety and Health Administration is dialing in its inspections of businesses with the highest rates of injuries and illnesses based on injury and illness data submitted in compliance with OSHA’s record-keeping requirements. The Site-Specific … Source: Claims Journal

Alphabet’s Google and artificial-intelligence startup Character.AI must face a lawsuit from a Florida woman who said Character.AI’s chatbots caused her 14-year-old son’s suicide, a judge ruled on Wednesday. U.S. District Judge Anne Conway said the companies failed to show at … Source: Claims Journal

State Farm isn’t done seeking a rate increase in California, upping its request a week after getting the OK for a large rate hike to what the company had originally wanted before being rejected and agreeing to an interim deal … Source: Claims Journal

Insurance industry financial strength rating agency AM Best said today that a decision to stop updating a National Oceanic and Atmospheric Administration disaster database could be detrimental to insurers and may require the rethinking of some products. About two weeks … Source: Claims Journal

Marks & Spencer Group Plc is facing a £300 million ($403 million) hit to operating profit this fiscal year from a cyberattack that’s still disrupting the company’s sales and operations. The British retailer will try to mitigate the impact with … Source: Claims Journal

The American Property Casualty Insurance Association chimed in to a recent Senate subcommittee hearing to defend the industry’s response to claims following hurricanes Milton and Helene. “The vast majority of claims from Hurricanes Milton and Helene have been settled, totaling … Source: Claims Journal