News Archives - Claims Journal

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17 04, 2025

Google Faces UK Class Action From Businesses Over Online Search Dominance

By | April 17th, 2025|Uncategorized|Comments Off on Google Faces UK Class Action From Businesses Over Online Search Dominance

Alphabet Inc.’s Google has been hit by a fresh class action lawsuit in the U.K. alleging that the U.S. tech giant abused its “near-total dominance” in online search to overcharge hundreds of thousands of firms for digital ads. Google owes …

17 04, 2025

DeepSeek Poses ‘Profound’ Security Threat, US House Panel Claims

By | April 17th, 2025|Uncategorized|Comments Off on DeepSeek Poses ‘Profound’ Security Threat, US House Panel Claims

Chinese artificial intelligence firm DeepSeek is a “profound threat” to US national security, a bipartisan House committee said Wednesday, urging Nvidia Corp. to hand over information on sales of chips that the startup may have used to develop its breakthrough …

17 04, 2025

Ford Recalls More Than 148,000 Vehicles, NHTSA Says

By | April 17th, 2025|Uncategorized|Comments Off on Ford Recalls More Than 148,000 Vehicles, NHTSA Says

Ford Motor is recalling more than 148,000 vehicles in the United States as part of two recalls, the National Highway Traffic Safety Administration said on Thursday. The automaker will recall 123,611 vehicles due to a fluid leak that could reduce …

17 04, 2025

GSK Zantac Appeal Gets Tough Questions From Some US Judges

By | April 17th, 2025|Uncategorized|Comments Off on GSK Zantac Appeal Gets Tough Questions From Some US Judges

Some Delaware Supreme Court justices signaled they may be skeptical of a bid by GSK Plc, Pfizer Inc. and other drugmakers to overturn a judge who allowed more than 80,000 lawsuits to proceed to trial over claims that the heartburn …

11 04, 2025

Report Reveals Remote Access Tools, Supply Chain Key Drivers of Cyber Claims

By | April 11th, 2025|Uncategorized|Comments Off on Report Reveals Remote Access Tools, Supply Chain Key Drivers of Cyber Claims

Ransomware incidents continue to increase in frequency and severity, with attacks rising 20% in 2024 and VPNs seen as the biggest contributor, according to a new report by insurance security provider At-Bay. Mid-sized companies generating $25-100 million in revenue were …

7 03, 2025

Trump’s Company Sues ‘Woke’ Capital One for Canceling Accounts

By | March 7th, 2025|Uncategorized|Comments Off on Trump’s Company Sues ‘Woke’ Capital One for Canceling Accounts

President Donald Trump’s company sued Capital One Financial Corp., accusing it of illegally “de-banking” him for political reasons by abruptly canceling hundreds of accounts associated with his sprawling real estate business after his first term ended in 2021. The Trump …

7 03, 2025

Airlines Face Overflight Payment Risks as Planes Divert Over Afghanistan

By | March 7th, 2025|Uncategorized|Comments Off on Airlines Face Overflight Payment Risks as Planes Divert Over Afghanistan

Airlines are turning to a network of third parties to pay fees to Afghan authorities as more planes use the country’s airspace, increasing the risk of legal disputes and money laundering, according to pilots, aviation executives and lawyers. In the …

7 03, 2025

Trump Delays Canada, Mexico Tariffs for Goods Under USMCA

By | March 7th, 2025|Uncategorized|Comments Off on Trump Delays Canada, Mexico Tariffs for Goods Under USMCA

President Donald Trump exempted Mexican and Canadian goods covered by the North American trade agreement known as USMCA from his 25% tariffs, offering major reprieves to the U.S.’s two largest trading partners. Trump signed orders Thursday paring back the tariffs, …

7 03, 2025

Lemonade Embraced AI in Claims From Inception, And Is Still Eying The Next Tech

By | March 7th, 2025|Uncategorized|Comments Off on Lemonade Embraced AI in Claims From Inception, And Is Still Eying The Next Tech

The use of artificial intelligence has been significantly booming over the last few years in the insurance world, but for the people at Lemonade, artificial intelligence has been a mainstay in automating claims and processes since its inception in 2015. …

7 03, 2025

Tariffs Will Negatively Affect Insurance Industry, Says AM Best

By | March 7th, 2025|Uncategorized|Comments Off on Tariffs Will Negatively Affect Insurance Industry, Says AM Best

Analysts at AM Best warned that the planned imposition of U.S. tariffs on imports from Canada and Mexico, along with increased tariffs on China, will have a negative effect on the insurance industry—particularly impacting the U.S. homeowners’ and auto lines …