Industry News
Stellantis is recalling more than 1.3 million Jeep SUVs and trucks worldwide over fire concerns and is urging owners to park outside and away from structures or other vehicles until a fix is completed. In a filing with the National …
Via: Claims Journal
BASF SE Chief Executive Officer Markus Kamieth said rising inflation and the risk of supply-chain disruption from the U.S.-Israeli conflict with Iran have darkened the outlook for both the auto sector and the broader economy. Shortages of materials are becoming …
Via: Claims Journal
Ohio State University agreed last week to pay roughly $100 million to settle legal claims from hundreds of former student athletes who said they were sexually abused decades ago by a doctor at the university. The school has fought lawsuits …
Via: Claims Journal
Apple Inc., which just unveiled a revamped artificial intelligence platform built in part with Google technology, said the new approach will still preserve the company’s privacy safeguards. Though Apple relies on Google AI models, they’re different than the ones that …
Via: Claims Journal
A North Carolina couple this week was awaiting court action after they were charged with filing claims with two different insurance carriers—State Farm and Homesite Insurance, court records show. Gurjant Singh Gill, 42, and Karmpreet Kaur Gill, 41, of Raleigh, …
Via: Claims Journal
Italy’s ITA Airways will decide within the next eight weeks whether to sue aerospace supplier RTX’s Pratt & Whitney due to engine problems that have grounded almost 20% of its fleet of 80 aircraft, the carrier’s CEO said on Sunday. …
Via: Claims Journal
CorVel named Sarah Scott CEO and president, succeeding Michael G. Combs, who will transition to the role of executive chair. The move is effective July 1. Scott has been with CorVel for more than 26 years. She is currently executive …
Via: Claims Journal
President Donald Trump told the U.S. Supreme Court he intends to ask the justices to revive his $475 million defamation lawsuit against CNN over use of the term “Big Lie” in reporting on his claim that the 2020 election was …
Via: Claims Journal
British gambling company Betfair is fighting a landmark London lawsuit that could determine whether betting companies owe a duty of care to problem gamblers, in a case that opened last week and is being closely watched by the industry. The …
Via: Claims Journal
When Mitesh Parikh, a headhunter at U.K. recruiter Selby Jennings, started looking for an ILS modeler for a large U.S. hedge fund this year, the pool of qualified candidates was disconcertingly small. “It was a tough search,” says Parikh, who …
Via: Claims Journal