Posts by Y@DminG

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent meeting with bank CEOs this week to warn of cyber risks posed by Anthropic’s latest artificial intelligence model, two sources familiar with the matter said on … Source: Claims Journal

Newswise — Wildfire season is approaching, threatening not only property and lives but municipal bond prices in the most vulnerable places. A study from the University of Iowa’s Tippie College of Business found that communities more prone to wildfires pay … Source: Claims Journal

Auto claims and repair are becoming more complex and evolving with advanced vehicle technology, embedded sensors, calibrations, diagnostics and labor dynamics, according to a new report. CCC Intelligent Solutions released its annual report for 2026. Although the year in review … Source: Claims Journal

Meta Platforms said on Thursday it is pulling ads from Facebook and Instagram aimed at recruiting new plaintiffs for ongoing litigation accusing it and other social media companies of designing their platforms to be addictive to young users. Meta spokesperson … Source: Claims Journal

Workers who use technology to prevent musculoskeletal disorders on the job reduced concern about injury, improved posture and greater awareness of risks that lead to pain and strain, according to a study by the National Safety Council. Researchers surveyed 405 … Source: Claims Journal

The Doctors Company named Brittnie Hayes interim senior vice president of claims. Hayes succeeds Michael Meyer, who is retiring after 42 years in the medical professional liability insurance industry. Hayes will lead the national claims team and oversee the planned … Source: Claims Journal

Boston-based specialty insurance broker Risk Strategies Co. is suing two former employees and their new employer for allegedly stealing customers and poaching employees in a scheme the firm says has thus far cost it nearly $900,000 in revenue. On March … Source: Claims Journal

Auto collision repairers and insurers can look forward to spending the rest of 2026 in a cost environment shaped by tariff exposure, rising technology-related expenses and shifting repair behavior. A new analysis from Mitchell highlights changes in parts usage, repairability … Source: Claims Journal

A planet-heating El Niño is favored to emerge by August, with rising odds of an unusually powerful event that threatens record-breaking temperatures during the Northern Hemisphere’s summer. In an outlook Thursday, the US Climate Prediction Center said there’s a 25% … Source: Claims Journal

A new report from the Government Accountability Office finds that average premium increases between risk levels are larger for wind than for wildfire. Between 2019 and 2024, homes in areas classified as severe or extreme wind risk had premiums about … Source: Claims Journal