Industry News
The U.S. Department of Labor’s Occupational Safety and Health Administration is dialing in its inspections of businesses with the highest rates of injuries and illnesses based on injury and illness data submitted in compliance with OSHA’s record-keeping requirements. The Site-Specific …
Via: Claims Journal
Cargo theft activity across the U.S. is on the rise with reported incidents in 2025 already reaching rates that exceed historical averages, a new report shows. The rates could an even bigger boost ahead of the ahead of the Memorial …
Via: Claims Journal
Alphabet’s Google and artificial-intelligence startup Character.AI must face a lawsuit from a Florida woman who said Character.AI’s chatbots caused her 14-year-old son’s suicide, a judge ruled on Wednesday. U.S. District Judge Anne Conway said the companies failed to show at …
Via: Claims Journal
State Farm isn’t done seeking a rate increase in California, upping its request a week after getting the OK for a large rate hike to what the company had originally wanted before being rejected and agreeing to an interim deal …
Via: Claims Journal
Insurance industry financial strength rating agency AM Best said today that a decision to stop updating a National Oceanic and Atmospheric Administration disaster database could be detrimental to insurers and may require the rethinking of some products. About two weeks …
Via: Claims Journal
Marks & Spencer Group Plc is facing a £300 million ($403 million) hit to operating profit this fiscal year from a cyberattack that’s still disrupting the company’s sales and operations. The British retailer will try to mitigate the impact with …
Via: Claims Journal
AF Group has embraced the use of artificial intelligence in its claims operations, but the person overseeing its implementational has no interest in one promise of AI: reducing the number of claims professionals that work for them. The Lansing, Michigan-based …
Via: Claims Journal
Seventeen people were injured, four seriously, when a fire broke out in the early hours of Tuesday at Chevron’s deep-water Benguela Belize Lobito Tomboco (BBLT) oil platform, Angolan authorities and the U.S. oil major said in statements. The cause of …
Via: Claims Journal
Claims frequency for repairable, collision-damaged battery electric vehicles in the first quarter rose to 3.12% in the U.S. and 4.48% in Canada, representing an increase of 31% in the U.S. and Canada over the same period last year, a new …
Via: Claims Journal
The American Property Casualty Insurance Association chimed in to a recent Senate subcommittee hearing to defend the industry’s response to claims following hurricanes Milton and Helene. “The vast majority of claims from Hurricanes Milton and Helene have been settled, totaling …
Via: Claims Journal