Posts by Y@DminG
T-Mobile Caught Hackers Early, Averting Data Leak
T-Mobile US Inc. was able to contain a recent network breach before it reached customers’ phones, according to people familiar with the matter. Hackers accessed edge-routing infrastructure and gained unauthorized access to a limited number of devices, including a T-Mobile-owned-and-operated … Source: Claims Journal
Read MoreSurvey: Majority of P/C Insurance Decision makers Say Industry Will Be Powered by AI in Future
A survey of senior decision-makers at U.S. property/insurance companies shows most (59%) believe the industry will be powered by artificial intelligence in the future. Nearmap, a provider of location intelligence services, released a survey, The Next-Gen Risk Readiness Index: P&C … Source: Claims Journal
Read MoreUS Faces Growing Crisis Over High Traffic Deaths, NTSB Chair Says
The United States must address a growing public-health crisis over traffic deaths that remain significantly higher than pre-pandemic levels, the head of the National Transportation Safety Board said on Tuesday. “Unlike most developed nations, U.S. roadways have grown more deadly … Source: Claims Journal
Read MoreBankruptcy Judge Approves Rockville Centre Diocese $320M Sex Abuse Claims Fund
A federal bankruptcy judge has approved a Chapter 11 plan for the Roman Catholic Diocese of Rockville Centre, New York that includes a $320 million fund to compensate victims of clergy sexual abuse and settles insurance issues. Judge Martin Glenn … Source: Claims Journal
Read MoreInsurer, Contractors Allege Staged Injury Claims Scheme Under New York Scaffold Law
A construction industry captive insurer along with three construction contractors have filed a lawsuit alleging a massive New York fraud scheme involving staged workplace accidents and bogus workers’ compensation and personal injury lawsuits backed by complicit lawyers and medical providers. … Source: Claims Journal
Read MoreUS High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood
Insurance carriers may want to examine policy language – and what information they request from insureds – after the U.S. Supreme Court let stand a lower court’s ruling which could force Argo Group to cover claims that a wood-treating company … Source: Claims Journal
Read MoreTrump Team Targets Auto Mileage Rules He Blasted as ‘EV Mandate’
President-elect Donald Trump’s incoming administration is looking to slash fuel-efficiency requirements for new cars and light trucks as part of plans to unwind Biden policies he’s blasted as an “EV mandate,” according to people familiar with the matter. Trump advisers … Source: Claims Journal
Read MoreLyft to Roll out Rider Verification Badges in Safety Push
Lyft is rolling out, among other features, verification badges for riders in a bid to improve safety on the ride-hailing platform, the company said on Tuesday. Rival Uber Technologies had started rolling out similar features two months ago and provided … Source: Claims Journal
Read MoreIndian News Agency Sues OpenAI for Copyright Violation
Asian News International, one of India’s largest news agencies, sued OpenAI in a court in India alleging that the U.S. artificial intelligence company misused its copyrighted news content. ANI also alleged that OpenAI stored the data, which is in breach … Source: Claims Journal
Read MoreEvian Maker Danone Defeats Lawsuit Over ‘Carbon Neutral’ Claim
The maker of Evian spring water, Danone, won the dismissal of a lawsuit challenging its “carbon neutral” claim on bottles, as a U.S. judge reversed his earlier ruling letting the proposed class action proceed. Consumers accused Danone of defrauding them … Source: Claims Journal
Read More