At AM Specialty Insurance Co., Nishad Lad, head of data and software development, has been placed at the forefront of transforming the Dallas, Texas-based excess and surplus carrier’s claims processing with new technologies. His team has implemented an array of … Source: Claims Journal

Cargo theft across the U.S. and Canada continued to rise in 2024, with three states making up the bulk of losses, a new report shows. Multimodal hubs in California, Texas, as well as around Chicago, continue to be top targets … Source: Claims Journal

The sale of the bankrupt DNA data bank 23andMe is facing delays as the company tries to find a lead bidder that can quickly clear regulatory hurdles and guarantee customer privacy rules will be honored. The former Silicon Valley startup … Source: Claims Journal

Criminals are hijacking online brokerage accounts in Japan and using them to drive up penny stocks around the world. The wave of fraudulent trading has reached ¥100 billion ($710 million) since it started in February and shows no signs of … Source: Claims Journal

Dog and other pet owners and insurers in New York are now exposed to increased risk of liability in the wake of a Court of Appeals ruling that allows an injured party to bring an ordinary negligence claim against a … Source: Claims Journal

A multi-day severe weather outbreak is expected to bring heavy thunderstorms, large hail and the threat of tornadoes across the central U.S. Parts of the Upper Midwest – particularly southern and western Minnesota and northern Iowa – is at highest … Source: Claims Journal

British retailer Marks & Spencer told agency staff at its central England distribution center to stay at home on Monday, after it stopped taking online orders following a cyber incident last week. Shares in the company, one of the best … Source: Claims Journal

Major automakers want Congress to bar California’s landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states, warning the rules could begin impacting vehicle shipments in a few months. The U.S. … Source: Claims Journal

Most of Spain and all of Portugal were hit by a major blackout that impacted public transport, airports and phone service. Source: Claims Journal

Deel Inc., a $12 billion Silicon Valley startup, is escalating a bitter legal fight with its top rival in the market for human resources and payroll software. The company has filed a defamation lawsuit in Delaware state court against People … Source: Claims Journal