News Archives - Claims Journal

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So far News Archives - Claims Journal has created 16 blog entries.
15 10, 2026

GTCR, Elliott Acquire Software Firm CCC for $4.6 Billion

By | October 15th, 2026|Uncategorized|Comments Off on GTCR, Elliott Acquire Software Firm CCC for $4.6 Billion

GTCR and Elliott Investment Management are acquiring car-insurance software provider CCC Intelligent Solutions Holdings Inc. for about $4.6 billion. Under the terms of the agreement, CCC stockholders will receive $7.75 in cash for each share of CCC common stock. That …

15 10, 2026

DOJ Opens Third Phase of Compensation for Western Union Fraud Victims

By | October 15th, 2026|Uncategorized|Comments Off on DOJ Opens Third Phase of Compensation for Western Union Fraud Victims

The U.S. Department of Justice began a third phase of compensation for victims of Western Union fraud. An additional $3.4 million is being distributed to 1,294 victims, and the department has reopened the petition process for victims who did not …

15 10, 2026

California Fire Danger Has Utilities Set for Broad Shutoffs

By | October 15th, 2026|Uncategorized|Comments Off on California Fire Danger Has Utilities Set for Broad Shutoffs

More than 345,000 homes and businesses across California are facing potential power cuts this week during what’s expected to be a days-long onslaught of dangerous fire weather conditions. With drying winds forecast to blow through much of the state through …

15 10, 2026

Apple-OpenAI Judge Says He’s ‘Likely’ to Side With iPhone Maker

By | October 15th, 2026|Uncategorized|Comments Off on Apple-OpenAI Judge Says He’s ‘Likely’ to Side With iPhone Maker

The judge in Apple Inc.’s high-stakes trade-secret theft case against OpenAI said he’s “highly likely” to grant the iPhone maker an injunction barring use of its proprietary information by former employees now at the artificial intelligence startup. U.S. District Judge …

15 10, 2026

NY City Accuses Law Firm of Running Injury Claims Fraud Operation

By | October 15th, 2026|Uncategorized|Comments Off on NY City Accuses Law Firm of Running Injury Claims Fraud Operation

New York City is suing a Manhattan law firm for allegedly running a multimillion dollar personal injury fraud scheme by filing as many as 15 injury claims against the city on behalf of people allegedly harmed due to roadway defects. …

15 10, 2026

French Supermarkets’ Cyber Insurance Unlikely to Cover Food Losses, Insurers Say

By | October 15th, 2026|Uncategorized|Comments Off on French Supermarkets’ Cyber Insurance Unlikely to Cover Food Losses, Insurers Say

French supermarkets are facing millions of euros in losses after a cyberattack forced them to throw away food, in a crisis that is not typically covered by cyber insurance policies but could still lead to higher premiums in future, insurers …

15 10, 2026

Report: Auto Insurance Total Loss Frequency Climbs, More Drivers Paying for Repairs

By | October 15th, 2026|Uncategorized|Comments Off on Report: Auto Insurance Total Loss Frequency Climbs, More Drivers Paying for Repairs

The share of auto insurance claims flagged as total losses reached 23.5% in the first half of the year, up slightly from a year earlier, a new report shows. The 2026 Crash Course Mid-Year Update from CCC Intelligent Solutions shows …

15 10, 2026

Chubb Revamps Global Claims with 3 Leadership Moves

By | October 15th, 2026|Uncategorized|Comments Off on Chubb Revamps Global Claims with 3 Leadership Moves

Chubb Limited said it made three leadership appointments within its global claims organization. Lisa Wilson has been named head of North America claims, overseeing all aspects of North America commercial and personal lines claims and services, effective immediately. Wilson will …

15 10, 2026

Hyundai Recalling 94,600 US Vehicles Over Fire Risk From Overheating

By | October 15th, 2026|Uncategorized|Comments Off on Hyundai Recalling 94,600 US Vehicles Over Fire Risk From Overheating

Hyundai Motor America 005380.KS is recalling 94,622 vehicles in the US over a risk of fire while parked or driving due to the possibility of some front power seat motors overheating, the US National Highway Traffic Safety Administration said on …

14 10, 2026

CVS Settles Justice Department Case Over Opioid Prescriptions for $315 Million

By | October 14th, 2026|Uncategorized|Comments Off on CVS Settles Justice Department Case Over Opioid Prescriptions for $315 Million

CVS Health has agreed to pay $315 million to resolve allegations that the pharmacy chain operator unlawfully filled medically unnecessary prescriptions for addictive opioid painkillers, the U.S. Justice Department said on Tuesday. The settlement resolves a case that the department …