Industry News
A surprisingly large share of consumers are willing to digitally alter claim photos or documents, a new survey shows. More than one-third (36%) said they would consider making an edit, with younger adults leading the way— 55% of Gen Z …
Via: Claims Journal
The British Broadcasting Corp. asked a judge to toss out President Donald Trump’s $10 billion lawsuit over a misleading edit of his speech before the Jan. 6, 2021 assault on the Capitol, arguing the case will chill free speech and …
Via: Claims Journal
Importers across the Gulf are scrambling to secure alternative routes for vital goods – from food to medicines and factory supplies – as the effective closure of the Hormuz strait blocks ports in an import-dependent region. The halt to commercial …
Via: Claims Journal
Encyclopedia Britannica and its Merriam-Webster subsidiary have sued OpenAI in Manhattan federal court for allegedly misusing their reference materials to train its artificial intelligence models. Britannica said in the complaint filed on Friday that Microsoft-backed OpenAI used its online articles …
Via: Claims Journal
A bill to create a statewide framework for handling wildfire smoke damage insurance claims is now making its way through California Legislature. The Smoke Damage Recovery Act, which primary backer Insurance Commissioner Ricardo Lara said stems from the recovery process …
Via: Claims Journal
The U.S. car business is grappling with a stubborn affordability problem, one that threatens to relegate more Americans to the used-car lot and leave automakers vulnerable to lower-priced rivals. Lawmakers have framed the issue around partisan lines. U.S. President Donald …
Via: Claims Journal
Bank of America Corp. has reached an agreement in principle to settle a proposed class action lawsuit on behalf of Jeffrey Epstein victims who accused the bank of aiding in the deceased financier’s sex-trafficking, according to a court record. The …
Via: Claims Journal
As another wildfire season looms, insurance companies have abandoned some California neighborhoods at lower risk of burning, forcing tens of thousands of homeowners to obtain bare-bones coverage from the state’s insurer of last resort. California intended the insurer, called the …
Via: Claims Journal
Blizzards, wildfires and thunderstorms swirling toward the eastern U.S. have knocked out power to thousands and grounded hundreds of flights across the Midwest. Heavy snow touched off blizzard warnings from South Dakota to Michigan’s Upper Peninsula on Sunday, the National …
Via: Claims Journal
Adobe Inc. will pay about $150 million to settle a complaint from U.S. regulators that the creative software company made it too difficult for consumers to cancel their subscriptions. Of the total, $75 million will be spent giving free services …
Via: Claims Journal