News Archives - Claims Journal

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5 06, 2024

Oregon Report Keys in on Disabling Claims for Occupational Injuries

By | June 5th, 2024|Uncategorized|Comments Off on Oregon Report Keys in on Disabling Claims for Occupational Injuries

Oregon’s Department of Consumer and Business Services received notification of 24,947 accepted disabling claims for occupational injuries and diseases in 2022, according to a new report looking back on data from the year. Employment increased by 71,100 workers and claims …

4 06, 2024

Regulators Raid Toyota Offices Over Safety Scandal, Sending Stock Down

By | June 4th, 2024|Uncategorized|Comments Off on Regulators Raid Toyota Offices Over Safety Scandal, Sending Stock Down

Toyota Motor Corp. and other carmakers embroiled in a fresh certification scandal halted shipments of a handful of models and saw their offices raided by government officials, but the impact on their customers and operations appears to be limited. Honda …

4 06, 2024

U.S. Cyber Chief Sees ‘Very Aggressive’ Chinese Hacking Strategy

By | June 4th, 2024|Uncategorized|Comments Off on U.S. Cyber Chief Sees ‘Very Aggressive’ Chinese Hacking Strategy

A top US spy chief said China is increasingly using its companies to find vulnerabilities in their own computer networks and then tapping that knowledge to target foreign nations and industries. “We’re really seeing China be very aggressive,” General Timothy …

4 06, 2024

How AI Can Reshape Claims Management

By | June 4th, 2024|Uncategorized|Comments Off on How AI Can Reshape Claims Management

How can artificial intelligence change propert/casualty insurance claim processing? Two industry experts answered that question from a few angles during Carrier Management’s annual InsurTech Summit. Frank Giaoui, founder and CEO of Optimalex Solutions, and Shane Riedman, general manager and vice …

4 06, 2024

Families of Those Who Died in Boeing Crashes Press Justice Department to Prosecute Company

By | June 4th, 2024|Uncategorized|Comments Off on Families of Those Who Died in Boeing Crashes Press Justice Department to Prosecute Company

Relatives of passengers who died in two jetliner crashes pushed federal officials to prosecute Boeing on criminal charges related to the accidents no later than this fall but said they got no commitment from the Justice Department. The Justice Department …

4 06, 2024

Oregon Utility Regulator Rejects PacifiCorp Request to Limit Liability in Wildfire Suits

By | June 4th, 2024|Uncategorized|Comments Off on Oregon Utility Regulator Rejects PacifiCorp Request to Limit Liability in Wildfire Suits

Oregon utility regulators have rejected a request from PacifiCorp that sought to limit its liability in wildfire lawsuits. Under the proposal, PacifiCorp would only have been responsible for paying out actual economic damages in lawsuit awards. The company submitted the …

4 06, 2024

U.S. Investigates Nissan Vehicles After Air Bag Deployments

By | June 4th, 2024|Uncategorized|Comments Off on U.S. Investigates Nissan Vehicles After Air Bag Deployments

U.S. auto safety regulators said Monday they have opened a probe into nearly 75,000 Nissan 7201.T vehicles over reports of unintended deployments of side airbags. The National Highway Traffic Safety Administration probe covers 2015 model year Rogue Select vehicles after …

3 06, 2024

Live Nation Probing Ticketmaster Hack Amid User Data Leak Concerns

By | June 3rd, 2024|Uncategorized|Comments Off on Live Nation Probing Ticketmaster Hack Amid User Data Leak Concerns

Live Nation Entertainment said on Friday it was investigating a data breach at its Ticketmaster unit that it discovered on May 20, the latest in a string of high-profile corporate hacks in the past year. In a filing with the …

3 06, 2024

Kansas Storm Claims Totaled $442 Million in 2023

By | June 3rd, 2024|Uncategorized|Comments Off on Kansas Storm Claims Totaled $442 Million in 2023

Kansas storm claims totaled nearly half a billion dollars in 2023. According to numbers shared by the state’s department of insurance, 147,710 claims totaling $442.8 million were paid last year. The Kansas Department of Insurance collected this data from all …

3 06, 2024

Ford Says Drivers Will Be Able to Take Their Eyes Off the Road in Two Years

By | June 3rd, 2024|Uncategorized|Comments Off on Ford Says Drivers Will Be Able to Take Their Eyes Off the Road in Two Years

Ford Motor Co. is just two years away from offering technology that will allow drivers to take their eyes off the road and their hands off the wheel, according to Chief Executive Officer Jim Farley. “We’re getting really close,” Farley …