Industry News
The cyberattack at UnitedHealth Group’s tech unit last year affected the personal information of 190 million people, the health conglomerate said on Friday, making it the largest healthcare data breach in the United States. The hack at Change Healthcare affected …
Via: Claims Journal
Alphabet’s Google, already facing an unprecedented regulatory onslaught, is looking to shape public perception and policies on artificial intelligence ahead of a global wave of AI regulation. A key priority, one executive told Reuters, comes in building out educational programs …
Via: Claims Journal
Fire-wracked Los Angeles, facing its worst natural disaster in decades, has never needed the Federal Emergency Management Agency more. As new fires threaten homes across America’s second-largest city, FEMA has deployed roughly 550 experts to help displaced residents find shelter, …
Via: Claims Journal
A U.S. auto safety agency said on Friday it is reconsidering a landmark rule from the administration of former President Joe Biden requiring nearly all new cars and trucks by 2029 to have advanced automatic emergency braking systems. The National …
Via: Claims Journal
The impact of the historic Los Angeles-area wildfires is being broadly examined and continually refined, with updates almost daily on insured losses, total economic losses damages, credit ratings—and lately worrying outlooks for the effect of the fires on insurance rates. …
Via: Claims Journal
The Los Angeles wildfires could consume more than 30% of the aggregate natural catastrophe budgets set for 2025 by Europe’s four largest reinsurers – Swiss Re, Munich Re, Hannover Re and SCOR, according to a Fitch Ratings commentary. Insured losses …
Via: Claims Journal
After Hurricane Milton swept through parts of southwestern Florida in October, aerial drone images showed condominium buildings with large sections of their roof membranes peeled back like blankets on a beach, exposing the buildings to water intrusion. Builders and commercial …
Via: Claims Journal
Tesla Inc. will release a software update to about 1.2 million cars in China—around half the fleet it’s sold in the country—to fix issues with the vehicles’ power steering and rear-view cameras that may pose safety risks. The steering issue …
Via: Claims Journal
Bankrupt Purdue Pharma LP and members of the billionaire Sackler family agreed to pay $7.4 billion to a group of U.S. states and other parties to settle long-running litigation over OxyContin’s role in the deadly opioid epidemic. The deal comes …
Via: Claims Journal
The National Highway Traffic Safety Administration said on Wednesday that General Motors is recalling about 2,890 Chevrolet Equinox EV vehicles due to concerns about their adaptive cruise control. The recall affects certain 2025 Chevrolet Equinox EV all-wheel drive electric vehicles. …
Via: Claims Journal