Industry News
New York City Mayor Zohran Mamdani released more than 170,000 pages of records about the aftermath of the Sept. 11, 2001, attacks, including documents showing officials were weighing potential liability from toxic exposure while trying to reassure the public about …
Via: Claims Journal
Chrysler parent Stellantis is recalling 201,976 Jeep vehicles in the U.S. due to a software error that may cause the tire pressure monitoring system to fail to detect low tire pressure or illuminate the warning light, the U.S. National Highway …
Via: Claims Journal
DBS Bank is being sued for an estimated S$1.298 billion ($1.03 billion) in damages linked to the multibillion-dollar 1MDB scandal, Southeast Asia’s largest lender DBS Group said on Wednesday. The claimants include the liquidators of four companies: BlackRock Commodities (Global), …
Via: Claims Journal
Artificial intelligence use is surging on farms as growers look for some high-tech help in planning and managing operations after years of scaling back on spending, according to McKinsey & Co. Some 17% of the world’s farmers now use generative …
Via: Claims Journal
A federal judge has declined to approve a class action lawsuit accusing GEICO of underpaying losses for totaled vehicles in New Jersey. The court declined to approve the class after concluding that individual issues outweighed the commonality of the proposed …
Via: Claims Journal
Amazon.com was sued on Tuesday in a proposed nationwide class action accusing the retailer of systematically discriminating against thousands of pregnant employees, including by firing some it claimed took too much time off. According to a complaint filed by four …
Via: Claims Journal
A federal judge has ruled that J.M. Smucker can proceed with a lawsuit against Trader Joe’s over frozen sandwiches that Smucker claims are too similar to its Uncrustables. Smucker sued Trader Joe’s in federal court in Ohio last fall, claiming …
Via: Claims Journal
Deutsche Bank said it has settled a lawsuit with a second former employee who sought damages in a case involving business with Italy’s Monte dei Paschi, days ahead of a trial that threatened to embroil the bank’s CEO. The banker, …
Via: Claims Journal
The wildfires that plagued Washington for nearly half the summer put new Insurance Commissioner Patty Kuderer and her office to a test. Kuderer has been in office for over a year-and-a-half. However, she’s relatively new considering her predecessor, Washington Commissioner …
Via: Claims Journal
The $320 million hack of the Bitcoin-linked Liquid Network is another dent to crypto’s reputation as the industry tries to convince banks and institutional investors that digital assets can become part of mainstream financial infrastructure. The damage extends beyond the …
Via: Claims Journal