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The Consumer Financial Protection Bureau dropped its lawsuit against Walmart Inc. and one of its financial-technology partners, the latest of the agency’s Biden-era enforcement actions to be abandoned by President Donald Trump’s administration. The CFPB formally moved Tuesday to dismiss … Source: Claims Journal

At last week’s RIMS RISKWORLD conference in Chicago, experts from risk and claims administration partner Sedgwick outlined a few key workers’ comp trends. Source: Claims Journal

Roughly one-in-six claims handled by cyber insurer Coalition were from business email compromise, and about a third included funds transfer fraud. In its 2025 Cyber Claims Report, Coalition said claims severity involving business email compromise rose 23% in 2024, with … Source: Claims Journal

It looks like California’s largest homeowners insurer is getting a large rate increase following billions of dollars in losses from the Los Angeles wildfires and pullback on writing new policies in the state. Administrative Law Judge Karl Seligman recommended approval … Source: Claims Journal

Marks & Spencer Group Plc said some personal customer data was stolen by hackers as the British retailer continues to investigate and manage a highly-damaging “cyber incident.” The stolen data does not include “useable payment or card details” and there … Source: Claims Journal

Spain’s power grid failed in mere seconds, blacking out the entire country and parts of Portugal. It was a stunning collapse that illustrates an inviolable law of the electric system: The heartbeat of the grid — known as frequency — … Source: Claims Journal

Tiger Brands, South Africa’s biggest food producer, on Monday offered to compensate listeriosis victims, marking a major step toward resolving class action after a 2017 outbreak that killed about 200 people and sickened more than 1,000. The offer was made … Source: Claims Journal

Kristin Herman and her partner had been planning a European getaway with stops in Paris and Rome, but with the U.S. economy suddenly wobbling, the couple instead drove to Oregon’s nearby redwood forests and Cannon Beach — even camping some … Source: Claims Journal

By implementing AI-driven technologies across the claims life cycle and integrating real-time analysis, P/C insurers could reduce fraudulent claims and save between $80 billion and $160 billion by 2032. Source: Claims Journal

U.S. aviation safety regulators formed an emergency task force to address technology breakdowns that briefly blinded air traffic controllers guiding planes in and out of Newark airport in recent weeks. Federal Aviation Administration personnel will be joined by experts from … Source: Claims Journal