Industry News
The U.S. Supreme Court declined on Tuesday to hear a bid by Meta Platforms to avoid a lawsuit brought by Vermont’s attorney general accusing the company of designing its Instagram social media app to be addictive to young users, as …
Via: Claims Journal
Hyundai Motor is recalling 421,078 vehicles in the U.S. over a software error that may cause an unexpected application of brakes, the U.S. National Highway Traffic Safety Administration said on Friday. The recall covers certain 2025-2026 model Santa Cruz, Tucson, …
Via: Claims Journal
Insurance Journal’s Risky Future series is hosting the “AI Tools for Embedded Insurance Platforms” Demo Day, a series of free AI tool demonstrations designed exclusively for (re)insurers, MGAs/Program Administrators, marketplaces, and other tech and distribution platforms. This event focuses on …
Via: Claims Journal
Shareholders of Activision Blizzard reached a $250 million settlement over allegations that the company’s former executives and Microsoft shortchanged them when Microsoft acquired the game maker for $75.4 billion in 2023, according to a filing made public on Friday in …
Via: Claims Journal
There is no longer a risk of a compromised chemical tank exploding in the suburbs of Los Angeles and evacuation orders for some of the more than 50,000 people were lifted, according to the Orange County Fire Authority. The county’s …
Via: Claims Journal
Howden US is again being sued by a rival broker over another group of new employees who are alleged to have breached loyalty and post-employment contractual obligations. According to a lawsuit filed May 19 in U.S. District Court for the …
Via: Claims Journal
War has overtaken civil unrest as the political violence exposure that companies fear most, as conflicts in Europe and the Middle East disrupt global trade flows, strain political alliances, embolden adversarial powers and heighten risks to business assets, according to …
Via: Claims Journal
JPMorgan Chase & Co. filed its court response to a former vice president’s graphic sexual harassment suit against the bank and executive director Lorna Hajdini, calling his claims “false” and “malicious.” JPMorgan on Thusday night filed its formal answer to …
Via: Claims Journal
A U.S. appeals court on Friday revived $82.2 million of a $104.6 million verdict that Versata Software won against Ford for breaching a licensing contract and misappropriating trade secrets. The U.S. Court of Appeals for the Federal Circuit reinstated damages …
Via: Claims Journal
For the first time since the third quarter 2017, respondents to a recent quarterly survey said average premiums decreased across all account sizes. During the first three months of 2026, The Council of Insurance Agents & Brokers (CIAB)’s market survey …
Via: Claims Journal