By Hyunjoo Jin, Dan Levine and Abhirup Roy | April 21, 2023 LOS ANGELES — A California state court jury began deliberating on Thursday in what appears to be the first trial related to a crash involving Tesla’s…
Natural disasters, many driven by climate change, caused global economic losses of $313 billion in 2022, insurance broker Aon estimated on Wednesday, of which less than half was insured. Losses from natural catastrophes covered by…
SAN DIEGO — New rules proposed by the US Securities and Exchange Commission on cybersecurity and climate impact disclosures may generate more lawsuits that will generate claims against directors & officers policies, panelists said Wednesday…
By Tom Johansmeyer and Ted Gregory | June 6, 2022 The United States remains the largest peak peril risk area in the global re/insurance market and accounts for the bulk of the reinsurance that’s traded. Over…
By Hyunjoo Jin | April 7, 2022 AN FRANCISCO –– Toyota Motor Corp unit Woven Planet is following the lead of Tesla Inc. in trying to advance self-driving technology with low-cost cameras. Woven Planet told Reuters it is able to…
By Claims Journal staff | January 26, 2022 Insurers are getting a larger share of suspicious claim referrals from fraud-detection technology and are increasingly using artificial intelligence to sift through data, according to a new study by…
Billions of people are active on social media these days—and they tend to share more, rather than less. This means insurance fraud investigators have a tremendous resource at their disposal when investigating claims—provided they know…
Few things in life are as stressful for your insureds as a major loss of property. Not only must they deal with the loss itself, but the claims process can be difficult and frustrating. According…
Wildfires in California have burned a record 4 million acres since the start of 2020, charring more land in the past nine months than during the previous three years combined. The results are devastating. The…
By Nicholas Riccardi and Dee-Ann Durbin | April 30, 2020 Jordan Flowers never thought he would become a labor leader. Then the coronavirus forced him to risk his life every time he clocked in. The…
English