Industry News
Storm Humberto has reached hurricane strength as it churns across the Atlantic Ocean off the coast of Puerto Rico and Hispaniola. Humberto’s top winds clocked in at 75 miles (121 kilometers) per hour, according to an update from the U.S. …
Via: Claims Journal
Entire safes being carried out of businesses, vehicles smashing through doors, devastating fires at indoor growing facilities—and our occasional, boring B.I. claim. Those are some of the tales from panel of insurance professionals at Insurance Journal’s annual Insuring Cannabis Summit, …
Via: Claims Journal
Google and app developer Flo Health will pay $56 million to settle a class action claiming they violated the privacy of millions of Flo app users by collecting information about their menstrual health cycles and using it for targeted advertising. …
Via: Claims Journal
Toyota Motor Corp. opened the doors to the first phase of Woven City, its experimental town meant to act as an incubator for technologies from autonomous driving to artificial intelligence. Woven City aims to serve as a testbed for the …
Via: Claims Journal
A federal judge in California on Thursday preliminarily approved a landmark settlement of a copyright class action brought by a group of authors against artificial intelligence company Anthropic over the use of their work in its AI training, according to …
Via: Claims Journal
Families appealing the dismissal of their lawsuits alleging that Kenvue’s Tylenol or generic versions of the pain-relief medication caused their children’s autism are asking an appeals court to consider President Donald Trump’s new advice that pregnant women avoid the pain …
Via: Claims Journal
Elon Musk’s artificial intelligence startup xAI has sued rival OpenAI in California federal court for allegedly stealing its trade secrets to gain an unfair advantage in the race to develop AI technology. The lawsuit filed Wednesday said that OpenAI was …
Via: Claims Journal
About six months after Congress passed a short-term reauthorization, the National Flood Insurance Program will soon expire—a prospect that could cause coverage lapses for policyholders with expiring contracts at the traditional height of hurricane season, and major problems for real …
Via: Claims Journal
Amazon.com agreed to pay $2.5 billion in penalties and refunds and change its process for how to cancel its Prime subscription to settle a Federal Trade Commission lawsuit.
Via: Claims Journal
This year’s Atlantic hurricane season has so far lagged behind long-term trends, generated oddities and left seasoned forecasters scratching their heads. But now it’s finally shaking off the doldrums and spinning up storms. Tropical Storm Humberto formed Wednesday north of …
Via: Claims Journal