Industry News
RYZE Claim Solutions named Randy Poole executive vice president of operations. Poole will oversee national operations, support acquisition integrations and work on expanding the company’s use of its artificial intelligence platform. He has more than 20 years of experience in …
Via: Claims Journal
Leaders at one of the largest national insurance defense firms believe they have identified the causes of nuclear verdicts—and developed a comprehensive litigation strategy that negates them. A new book about that strategy and the data behind it will be …
Via: Claims Journal
United Natural Foods on Wednesday flagged about $350 million to $400 million hit to its fiscal 2025 net sales from an unauthorized activity on its internal networks. The grocery distributor took certain systems offline after the activity was discovered on …
Via: Claims Journal
A group of 20 mostly Democrat-led U.S. states filed a lawsuit on Wednesday seeking to block the Trump administration from terminating a multibillion-dollar grant program that funds infrastructure upgrades to protect against natural disasters. The lawsuit filed in Boston federal …
Via: Claims Journal
President Donald Trump’s choice to lead the nation’s top car safety regulator pledged to prioritize safety while at the same time making it easier for automakers to deploy-self driving cars. Jonathan Morrison, who was nominated by Trump on February 11 …
Via: Claims Journal
Global insured losses during the first half of this year were at least $100 billion, and more than 90% of that total was driven by wildfires and severe convective storms in the U.S., a new report from Aon shows. According …
Via: Claims Journal
The catastrophic floods in central Texas on July 4 occurred in an area where fewer than 3% of homeowners have flood insurance through the National Flood Insurance Program, serving as another example of why Texas has one of the highest …
Via: Claims Journal
Public/private collaboration, beyond just insurance, is essential to narrowing the protection gap, as losses from natural disasters rise, the head of a global insurance supervisors' group says.
Via: Claims Journal
Ford Motor Co. is recalling almost 700,000 vehicles to address a long-running issue over cracking in an auto part that can leak fuel into the engine and cause fires. The action applies to certain Bronco Sport and Escape models from …
Via: Claims Journal
President Donald Trump plans to deliver a major address on artificial intelligence next week to outline his vision for ensuring American dominance in AI, marking his biggest statement on an emerging technology at the heart of the U.S.-China rivalry. Trump …
Via: Claims Journal