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Reserv Inc., a tech-focused third-party administrator, completed its $25 million Series B funding round. The oversubscribed round, led by Flourish Ventures with full pro-rata participation, also included Accenture Ventures, bringing Reserv’s reported total funding to $55 million. The company said … Source: Claims Journal

OpenAI is appealing an order in a copyright case brought by the New York Times that requires it to preserve ChatGPT output data indefinitely, arguing that the order conflicts with privacy commitments it has made with users. Last month, a … Source: Claims Journal

The Doan Group has expanded its footprint with a new franchise operation covering the entire state of South Carolina. Nathan Loy, an auto appraiser with three years of field experience, will lead the franchise. The Doan Group, headquartered in Covington, … Source: Claims Journal

Some homeowners who lost their homes in the Los Angeles wildfires have filed lawsuits against three large insurers over claims payouts they say didn’t cover their losses. The lawsuits were filed in Los Angeles County Superior Court this week. They … Source: Claims Journal

Hong Kong’s weather bureau is tracking a tropical disturbance spinning in the warm waters east of the Philippines, which may develop into the first typhoon of the season next week. The low-pressure system may enter the South China Sea and … Source: Claims Journal

Credit Suisse’s $440 million London lawsuit against Japan’s SoftBank Group Corp kicked off on Thursday over losses linked to Greensill Capital, with the collapsed finance firm’s founder Lex Greensill expected to give evidence next week. The case, which centers on … Source: Claims Journal

OpenAI is seeing an increasing number of Chinese groups using its artificial intelligence technology for covert operations, which the ChatGPT maker described in a report released Thursday. While the scope and tactics employed by these groups have expanded, the operations … Source: Claims Journal

Workers’ compensation benefits are not available to a worker injured when he was chased and hit by a golf cart driven by a co-worker who claimed he was just horsing around. The Virginia Court of Appeals ruled that Dennis Ocasio’s … Source: Claims Journal

Cyber-attacks continue to rise globally while ransomware claims frequency remains steady, a new report shows. Cowbell released its 2025 Cyber Claims Report this week, which depicts a continually evolving landscape in which cyberattacks are no longer isolated disruptions—they’re part of … Source: Claims Journal

The U.S. Supreme Court threw out a Mexican government lawsuit that accused gunmakers including Smith & Wesson Brands Inc. and Sturm Ruger & Co. of helping to funnel firearms to the country’s violent drug cartels. Voting unanimously, the justices said … Source: Claims Journal