Industry News
Two companies processed and supplied dried milk powder that could be a culprit in the outbreak of botulism tied to ByHeart infant formula that has sickened dozens of babies, The Associated Press has learned. Organic whole milk powder that tested …
Via: Claims Journal
At FM Global, claims managers and claims professionals are taking a “trust-but-verify” attitude about the integration of artificial intelligence into their operations. A data-driven, results-based approach makes sense for a company that touts its specialty as being an engineering-driven property …
Via: Claims Journal
Hackers and other criminals can easily commandeer computers operating open-source large language models outside the guardrails and constraints of the major artificial-intelligence platforms, creating security risks and vulnerabilities, researchers said. Hackers could target the computers running the LLMs and direct …
Via: Claims Journal
Chinese automakers built nearly one-in-10 passenger cars sold in Europe last month, a record share that caps a year of rapid growth led by brisk sales of hybrid and battery-powered vehicles. With December’s 9.5% share of the European car market, …
Via: Claims Journal
A federal court judge has halted New Hampshire’s plan to end motor vehicle inspections. U.S. District Court Judge Landya McCafferty granted a preliminary injunction on January 27 to prevent the state from implementing a new law abolishing the annual inspection …
Via: Claims Journal
Trafigura won its London lawsuit against Indian businessman Prateek Gupta over fake nickel cargoes on Friday, with London’s High Court ruling in favor of the commodities trader. Geneva-based Trafigura alleged Gupta was the mastermind of a fraudulent “Ponzi scheme” in …
Via: Claims Journal
California officials are meeting Detroit automakers this week to discuss the next phase of greenhouse gas regulations for cars and trucks, the state’s top air regulator said. California is fighting in the courts and in the U.S. Congress against President …
Via: Claims Journal
MSP Recovery, a now-famous Miami litigation firm, has won some and lost some in federal and state appeals courts during a decade-long enterprise that has earned it millions of dollars in fees for, essentially, moving funds from auto insurers to …
Via: Claims Journal
First Brands Group founder Patrick James and his brother Edward, a former executive at the company, were indicted in New York following the collapse of the bankrupt auto-parts maker last year. The duo engaged in a series of schemes to …
Via: Claims Journal
Hyundai Motor is recalling 568,576 Palisade sports utility vehicles in the U.S. over improper deployment of side curtain airbags, the National Highway Traffic Safety Administration said on Thursday. NHTSA said the side curtain air bags for third-row occupants in these …
Via: Claims Journal