Industry News
Most Americans are inundated with scam attempts on a daily basis — and about 3 in 10 have personally lost money or personal information to scams, according to a new AP-NORC survey. The poll, conducted by The Associated Press-NORC Center …
Via: Claims Journal
An attack on a container vessel sailing through the Strait of Hormuz has prompted some shipowners to review exit plans, but traffic continued to flow in both directions through the vital thoroughfare on Friday. Two fully laden tankers are heading …
Via: Claims Journal
Red Lobster’s $20 all-you-can-eat shrimp deal wasn’t just a badly designed promotion that inadvertently helped tip the iconic American restaurant chain into bankruptcy. It was part of a scheme to “squeeze every drop of value” from Red Lobster for the …
Via: Claims Journal
Cal-Maine Foods Inc. and other egg suppliers are close to resolving an investigation by the U.S. Justice Department and a bipartisan group of states into alleged illegal price coordination, according to people familiar with the matter. The Justice Department and …
Via: Claims Journal
Billionaire Ira Rennert agreed to pay $150 million to resolve more than a thousand claims that a lead smelter owned by his companies poisoned residents of a Peruvian town, reaching a deal on the eve of a U.S. trial that …
Via: Claims Journal
The U.S. Supreme Court reined in thousands of lawsuits pursued in state courts accusing Bayer of failing to warn users that the active ingredient in its Roundup weedkiller causes cancer, handing a major legal victory on Thursday to the German …
Via: Claims Journal
London’s efforts to deal with rising temperatures come at a considerable financial cost that will require the city to turn to private investors for help, the mayor of the UK capital said. Instead of being a “future threat,” extreme heat …
Via: Claims Journal
National insurance groups are hailing the signing of a new law in North Carolina, one that makes the state the first to place an outright ban on third-party funding of lawsuits. House Bill 315, signed by Gov. Josh Stein this …
Via: Claims Journal
The National Highway Traffic Safety Administration is dropping the manual brake pedal mandate for fully automated vehicles. As part of its new NHTSA’s Automated Vehicle Framework, the administration began rulemaking for its fifth update to Federal Motor Vehicle Safety Standards. …
Via: Claims Journal
Tom and Diane Peterman tried to buy flood insurance when they moved to their retirement home on the shores of Black Lake 14 years ago but were told it wasn’t available. John Solum was told he wasn’t in a flood …
Via: Claims Journal