ATP Insurance Services

IBM, AT&T Accused by Whistleblower of Covering Up Foreign Hacks

Y@DminG — Fri, 05 Jun 2026 05:00:59 +0000

International Business Machines Corp. and AT&T Inc.’s computer systems were repeatedly breached by foreign hackers, and the companies concealed those intrusions from the U.S. government in violation of the law, according to a lawsuit from a former IBM cybersecurity official. …
Source: Claims Journal

Report Explores Forces Driving Claim Complexity

Y@DminG — Fri, 05 Jun 2026 05:00:40 +0000

Insurers and employers face mounting pressure from rising severity, lengthier claim durations and expanding operational demands, a new report shows. Enlyte on Tuesday released its 2026 Envision Trends Report, which reflects growing complexity for the claims space. Related: Study: California …
Source: Claims Journal

Insurers Acting Like Banks Must Grasp Loan Risk, EIOPA Says

Y@DminG — Fri, 05 Jun 2026 05:00:38 +0000

European insurers that want to ride the private credit boom need to grasp the risks they face, according to the region’s top watchdog for the industry. The region has “a multitude” of insurers of varying size, some of which don’t …
Source: Claims Journal

The Future of Appraisal and the Rising Standard of Competency

Y@DminG — Fri, 05 Jun 2026 05:00:31 +0000

In property/casualty insurance, appraisal has long existed as a mechanism to resolve disagreements over the amount of loss. For decades, it has been viewed as a useful—if occasionally underutilized—tool in the claims process. That perception is changing rapidly. There are …
Source: Claims Journal

UK New Car Sales Hit Best May Since 2019, Industry Data Shows

Y@DminG — Fri, 05 Jun 2026 05:00:11 +0000

Britain’s new car sales rose 7.1% in May, the strongest for the month since 2019, driven by resilient retail demand, especially for electric vehicles, according to industry data released on Thursday. EVs have been gaining ground in Europe as rising …
Source: Claims Journal

Zurich Insurance Expands Data-Center Offering Beyond the US

Y@DminG — Fri, 05 Jun 2026 05:00:01 +0000

Zurich Insurance Group Plc is widening its offering for data-center projects to Europe and South America as it seeks to profit from the global buildout of infrastructure linked to artificial intelligence. The Swiss firm will insure risks associated with the …
Source: Claims Journal

Deadly Screwworm Parasite Found in US Threatens Cattle Herd

Y@DminG — Thu, 04 Jun 2026 13:16:11 +0000

The detection of the parasite comes at a dire time for the U.S. beef and cattle industry, with a smaller herd having already sent consumer prices to record highs.
Source: Claims Journal

Tesla Settles Some Worker Racism Claims as Bigger Trial Looms

Y@DminG — Thu, 04 Jun 2026 12:53:05 +0000

Tesla Inc. reached an agreement to settle several workers’ claims alleging pervasive anti-Black racism at one of its California plants.
Source: Claims Journal

British Lawmaker Sues Musk’s xAI Over Sexualized Grok Images

Y@DminG — Thu, 04 Jun 2026 05:00:35 +0000

British lawmaker Jess Asato is suing Elon Musk’s xAI, saying in a statement on Wednesday the Grok AI platform had been used to create fake sexualized images of her. Grok, distributed through Musk’s social media platform X, is currently subject …
Source: Claims Journal

OpenAI CEO to Share Oversight Ideas in Wake of Trump AI Order

Y@DminG — Thu, 04 Jun 2026 05:00:25 +0000

OpenAI CEO Sam Altman will push his vision for public-private collaboration on artificial intelligence during a visit to Washington on Wednesday, part of a broader policy agenda that also includes creating a vehicle to pass AI’s potentially vast financial windfall …
Source: Claims Journal