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...
Read More
Recent Claims Industry News
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...
Read More
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:...
Read More
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...
Read More
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...
Read More
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.
Read More
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....
Read More
A powerful House committee has tucked language preventing states from regulating artificial intelligence into President Donald Trump’s massive tax and spending bill, a move that would benefit many of the...
Read More
U.S. Transportation Secretary Sean Duffy said that Newark airport would see “several weeks” of reduced capacity as officials grapple with spiraling delays and safety lapses at one of the country’s...
Read More
It’s 6:15pm on a Friday night as an SMB insured reaches out to the Converge hotline reporting that its servers are encrypted and its network is down. Only there’s no...
Read More