Industry News
The death toll from the twin earthquakes that struck Venezuela last week rose to nearly 2,000, as aftershocks eased in both frequency and intensity and authorities expanded recovery efforts.
Via: Claims Journal
Private equity-backed insurance broker Hub International announced on Friday that it has confidentially filed for an initial public offering in the United States. The Chicago-based company was valued at $29 billion in its last funding round in 2025, led by …
Via: Claims Journal
The parents of former All-Pro NFL running back Doug Martin say excessive force by police and delayed medical care led to his death last year, according to a wrongful death lawsuit against the city of Oakland, California, several police officers …
Via: Claims Journal
Camp Mystic, the Texas girls camp where 28 people were killed in flash floods last summer, will use its bankruptcy case to resolve wrongful death claims filed against the family-owned company. “We acknowledge the pain and suffering and anguish,” caused …
Via: Claims Journal
The U.S. Justice Department and a coalition of states have reached a settlement with egg producers over alleged illegal price coordination, according to New York’s attorney general. Cal-Maine Foods Inc, Hickmans’s Egg Ranch Inc. and Versova will pay $3.3 million …
Via: Claims Journal
Tesla Inc. has quietly resolved a lawsuit stemming from a fatal 2023 crash that precipitated a defect investigation into the carmaker’s automated-driving technology. The collision involved 71-year-old Johna Story, who had stepped out of her vehicle on an Arizona highway …
Via: Claims Journal
A federal judge rejected Meta Platforms’ bid to dismiss a lawsuit by 29 U.S. state attorneys general accusing it of designing Facebook and Instagram to addict children and knowingly concealing the harm from the public. In a decision late Monday, …
Via: Claims Journal
Amazon.com Inc. has been sued by Australia’s consumer watchdog for introducing advertising to its Prime Video streaming service and then forcing existing subscribers to pay more to avoid the ads. The Australian Competition & Consumer Commission said Tuesday it has …
Via: Claims Journal
The U.S. cyber insurance market may be facing a time of transition as certain signs point to eventual adverse development. According to AM Best, the market’s loss ratio in 2025 increased for the second straight year to 53—the first time …
Via: Claims Journal
Ford is recalling 741,195 vehicles in the U.S. over a transmission defect that can damage the park system, which in turn could result in vehicles rolling away, the U.S. National Highway Traffic Safety Administration said on Tuesday. The recall affects …
Via: Claims Journal