News Archives - Claims Journal

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6 06, 2024

Brazilian Butt Lift Clinics Must Now Carry Liability Insurance Under New Florida Law

By | June 6th, 2024|Uncategorized|Comments Off on Brazilian Butt Lift Clinics Must Now Carry Liability Insurance Under New Florida Law

Practitioners of Brazilian butt lift surgery, repeatedly in the news after infections and at least two patient deaths in south Florida, must now obtain medical malpractice liability insurance, thanks to a bill signed into law last month. House Bill 1561, …

6 06, 2024

$1.3B U.K. Lawsuit Accuses Amazon of Misusing Small Sellers’ Data

By | June 6th, 2024|Uncategorized|Comments Off on $1.3B U.K. Lawsuit Accuses Amazon of Misusing Small Sellers’ Data

Amazon is facing a one billion-pound ($1.3 billion) collective lawsuit from British retailers who allege that the online marketplace misused their data to boost its own market share and profits. The British Independent Retailers Association (BIRA), an umbrella body grouping …

6 06, 2024

Swiss Re: Frequency and Severity of Strikes, Riots and Civil Commotion Losses on the Rise

By | June 6th, 2024|Uncategorized|Comments Off on Swiss Re: Frequency and Severity of Strikes, Riots and Civil Commotion Losses on the Rise

A new report shows a dramatic increase in strikes, riots and civil commotion in the past two decades from 2000 to 2020. There has been a 3000% increase in SRCC events in the 20-year period, according to a report released …

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 …