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Claims Journal News

Hawaii Faces More Tropical Threats From El Niño-Charged PacificOpen in a New Window

A powerful patch of thunderstorms and wind is expected to strengthen into Tropical Storm Lala by Thursday before taking aim Hawaii this weekend. The weather system was 935 miles (1,500 kilometers) east-southeast of Hilo, Hawaii, with top winds of 35 …

 

UnitedHealth Investor Suit Alleges Security, Governance LapsesOpen in a New Window

UnitedHealth Group Inc. board members ignored a raft of governance and oversight risks for years before catastrophic failures triggered billions in losses for investors, a shareholder lawsuit alleges. An amended complaint filed Aug. 7 in a Minnesota federal court reveals …

 

USDA Says Argentine Beef That Missed Inspection Is RecalledOpen in a New Window

Nearly 30,000 pounds of Argentine beef that wasn’t fully inspected before being distributed in Texas and Florida are being recalled, the US Department of Agriculture said. The USDA’s Food Safety and Inspection Service announced that Florida-based Corte Argentino LLC was …

 

Court Rules Lawsuit Not Allowed for Heat-Stricken Worker Despite Previous DeathOpen in a New Window

One farm worker died from heat exposure in 2020, resulting in a fine and citation from the U.S. Occupational Safety and Health Administration. Two years later, the employer failed to follow its remedial safety guidelines for heat exposure, failed to …

 

Tornado Alley’s on the Move and Creating New Risk Concerns, Modeler SaysOpen in a New Window

The peak of tornado season may be behind us, but the eastward expansion of what has been traditionally known as Tornado Alley into more populated areas may continue raising insurance risk long for some time. Record tornado activity in Illinois, …

 

AI Data Center Boom Is ‘Maxing Out’ P/C Insurers, AIG CEO SaysOpen in a New Window

American International Group Inc. CEO Eric Andersen said that while the artificial intelligence buildout presents a “great opportunity” for the insurance industry, it’s also pushing property and casualty providers to their limits. AI data centers “need everything from project finance …

 

A Defensible Framework for Post-Wildfire Smoke Damage ClaimsOpen in a New Window

In today’s wildland–urban interface (WUI) losses, the question is often more complex than simply “burned versus not burned.” An increasing number of claims involve non-thermal impacts, including smoke infiltration and the deposition of combustion byproducts in structures that remain standing. …

 

FlightAware Sues Kalshi Over Flight-Cancellation MarketsOpen in a New Window

Flight-tracking service FlightAware is suing prediction markets giant Kalshi accusing the company of using its data and name to run “gambling markets on flight cancellations” without permission. In July, Kalshi announced markets allowing customers to bet on flight-cancellation risk. The …

 

Meta, 29 States Head to Court in Biggest Test Yet of Youth Social Media LitigationOpen in a New Window

Meta Platforms will face a coalition of state attorneys general in a California federal court trial beginning on Wednesday over claims it engineered Facebook and Instagram to be addictive to children, a case that could expose the company to massive …

 

GM Sets Up $4.5 Billion Plan to Ensure Supply of Critical PartsOpen in a New Window

General Motors Co. has set a plan to guarantee the supply of as much as $4.5 billion in critical auto parts to safeguard the company from supply shocks caused by such events as extreme weather, natural disasters and cyberattacks. The …

 

Edison Judge Balks at Holding Utility Liable for LA WildfireOpen in a New Window

Insurance companies lost a bid to hold Edison International’s Southern California utility liable for a massive Los Angeles-area wildfire without a trial. Superior Court Judge Laura Seigle on Tuesday tentatively denied a request to put Southern California Edison on the …

 

Judge OKs $106 Settlement in Deadly 2019 Hard Rock Hotel Collapse in New OrleansOpen in a New Window

A judge approved a $106 million settlement last week that ends a yearslong legal battle over the deadly 2019 collapse of a Hard Rock Hotel that was under construction in New Orleans. The 18-story hotel project partially collapsed in October …

 

Toyota Recalling 508,000 US Vehicles for Instrument Cluster Display IssuesOpen in a New Window

Toyota is recalling 508,354 vehicles in the U.S. as an instrument cluster that fails to display critical safety information increases the risk of a crash or injury, the National Highway Traffic Safety Administration said on Tuesday. Related: Why Toyota RAV4s …

 

AI Is a Focus at Insurance Educators EventOpen in a New Window

The insurance industry is implementing AI in all areas, from underwriting to claims, from catastrophe modeling to itemization of contents. When AI takes on some or all parts of a process where does that leave underwriters, call centers – and …

 

‘Chronic’ Heat Risk in Europe Draws Warning From Swiss ReOpen in a New Window

Record-breaking temperatures are battering a continent that's less equipped to deal with the shock than other parts of the world.

 

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Accessing & Understanding Your Florida Transcript PDF (296.7 KB)  more ] Administration 6/29/2009