News Archives - Claims Journal

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So far News Archives - Claims Journal has created 21 blog entries.
2 06, 2026

The Iran War Is Pushing the Global Gas Trade into the Shadows

By | June 2nd, 2026|Uncategorized|Comments Off on The Iran War Is Pushing the Global Gas Trade into the Shadows

A day before crossing the Strait of Hormuz, an Indonesian seafarer aboard the Al Rayyan tanker published a picture of a rainbow cutting across the bow. “When the dream ship becomes reality,” he wrote on social media, thanking God for …

2 06, 2026

Amazon’s Ring Sued Over Facial Recognition Feature in Latest Privacy Concern for Doorbell Maker

By | June 2nd, 2026|Uncategorized|Comments Off on Amazon’s Ring Sued Over Facial Recognition Feature in Latest Privacy Concern for Doorbell Maker

Amazon was sued on Monday by a Virginia resident over what he said were privacy violations after the company’s Ring doorbell cameras at friends and family members’ homes collected and stored images of his face using facial recognition software. The …

2 06, 2026

The Field Inspection Gap: A Growing Structural Risk in Claims Handling

By | June 2nd, 2026|Uncategorized|Comments Off on The Field Inspection Gap: A Growing Structural Risk in Claims Handling

In property/casualty claims, the initial inspection does more than document damage. It establishes the foundation for how the claim will be evaluated, reserved and ultimately resolved. When that inspection is incomplete, rushed, or performed without sufficient expertise, the effects rarely …

2 06, 2026

Hanwha Aerospace Explosion Kills Five Workers, Lee Orders Probe

By | June 2nd, 2026|Uncategorized|Comments Off on Hanwha Aerospace Explosion Kills Five Workers, Lee Orders Probe

An explosion at Hanwha Aerospace Co.’s manufacturing facility in South Korea on Monday killed five employees, prompting President Lee Jae Myung to order a full investigation. Hanwha Group said it had set up an emergency response headquarters and was working …

2 06, 2026

Florida Sues OpenAI, Sam Altman Over Chatbot Safety Concerns

By | June 2nd, 2026|Uncategorized|Comments Off on Florida Sues OpenAI, Sam Altman Over Chatbot Safety Concerns

The state of Florida sued OpenAI and Chief Executive Officer Sam Altman, accusing the artificial intelligence company of ignoring safety warnings and releasing its ChatGPT product while knowing it was harmful to users. The lawsuit, filed Monday in state court, …

2 06, 2026

Starbucks to Take AI Usage into Account in Tech Workers’ Bonuses

By | June 2nd, 2026|Uncategorized|Comments Off on Starbucks to Take AI Usage into Account in Tech Workers’ Bonuses

Starbucks Corp. is tying most tech workers’ bonuses to how much they’re using artificial intelligence as the coffee chain seeks to improve efficiency. A quarter of bonuses paid to tech employees will be pegged to department-wide goals that include AI …

1 06, 2026

Trump Administration Wants North American Auto Content at 82%, With Half From US

By | June 1st, 2026|Uncategorized|Comments Off on Trump Administration Wants North American Auto Content at 82%, With Half From US

The Trump administration wants to increase the level of regional content in North American-built vehicles to 82% to qualify for preferential treatment under the U.S.-Mexico-Canada Agreement on trade, with 50% of that value produced in the United States, four people …

1 06, 2026

Honda Recalling 99,000 US Vehicles Over Airbag Issues

By | June 1st, 2026|Uncategorized|Comments Off on Honda Recalling 99,000 US Vehicles Over Airbag Issues

Honda Motor is recalling 98,892 vehicles in the United States over a defect involving unintentional deployment of air bags, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Friday. Related: Stellantis Recalling 419K US Vehicles for Improper Side Air …

1 06, 2026

Verisk: Hail Volatility, Aging Roofs Driving Higher Severity

By | June 1st, 2026|Uncategorized|Comments Off on Verisk: Hail Volatility, Aging Roofs Driving Higher Severity

Average U.S. residential roof replacement costs jumped 33% and repair costs rose 25% in 2025 compared to the prior four-year average despite a sharp decline in claims volume, a new report shows. Verisk’s 2026 U.S. Roof Report shows everyday wind …

1 06, 2026

Property Fight That Hit Several Banks Spurs $1.34 Billion Award

By | June 1st, 2026|Uncategorized|Comments Off on Property Fight That Hit Several Banks Spurs $1.34 Billion Award

A years-long dispute over a portfolio of commercial properties in Southern California that sparked credit concerns at several banks last year has led to a roughly $1.34 billion arbitration award. Real estate owner Mohammad Honarkar was “fraudulently induced” into doing …