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Insured losses from Hurricane Ida are now creeping into the $30 billion range after catastrophe modelers added damage to properties in the Northeast, putting the catastrophe on par with Hurricane Irma and Harvey in 2017 and Superstorm Sandy in 2012. … Source: Claims Journal

SAN FRANCISCO — In September last year, Google’s cloud unit looked into using artificial intelligence to help a financial firm decide whom to lend money to. It turned down the client’s idea after weeks of internal discussions, deeming the project … Source: Claims Journal

Only about 20% of Gulf of Mexico oil and gas production is back online after Hurricane Ida battered south-east Louisiana, marking a even slower comeback than in the wake of Katrina. More than a week after the Category 4 storm … Source: Claims Journal

Only about 20% of Gulf of Mexico oil and gas production is back online after Hurricane Ida battered south-east Louisiana, marking a even slower comeback than in the wake of Katrina. More than a week after the Category 4 storm … Source: Claims Journal

Cognizant Technology Solutions Corp has reached a $95 million settlement to resolve a lawsuit accusing the information technology services company of defrauding shareholders by concealing bribes to officials in India. A preliminary settlement of the proposed class action was filed … Source: Claims Journal

Cognizant Technology Solutions Corp has reached a $95 million settlement to resolve a lawsuit accusing the information technology services company of defrauding shareholders by concealing bribes to officials in India. A preliminary settlement of the proposed class action was filed … Source: Claims Journal

SOUTH LAKE TAHOE, Calif. (AP) — The lifting of a mandatory evacuation order for South Lake Tahoe’s 22,000 residents is a confident milestone in the fight against the Caldor Fire, but it remains only 48% contained and still threatens areas … Source: Claims Journal

SOUTH LAKE TAHOE, Calif. (AP) — The lifting of a mandatory evacuation order for South Lake Tahoe’s 22,000 residents is a confident milestone in the fight against the Caldor Fire, but it remains only 48% contained and still threatens areas … Source: Claims Journal

TOKYO (AP) — Experts from the International Atomic Energy Agency asked Japan on Tuesday for full and detailed information about a plan to release treated but still radioactive water from the wrecked Fukushima nuclear plant into the ocean. The three-member … Source: Claims Journal

TOKYO (AP) — Experts from the International Atomic Energy Agency asked Japan on Tuesday for full and detailed information about a plan to release treated but still radioactive water from the wrecked Fukushima nuclear plant into the ocean. The three-member … Source: Claims Journal