Industry News
At the height of the Florida property insurance crisis in the early 2020s, one statistic seemed to galvanize the movement for reforming the state’s insurance claims litigation statutes: Floridians had produced about 9% of all homeowners’ claims in the U.S. …
Via: Claims Journal
BMW is recalling 318,495 U.S. vehicles as an engine starter may overheat and catch fire, the National Highway Traffic Safety Administration said on Thursday. Related: Ford Recalling 288,000 US Vehicles Over Loose Roof Rails The recall affects certain models including …
Via: Claims Journal
A federal judge cast doubt on Wednesday on claims by approximately 69,000 people alleging that Johnson & Johnson’s baby powder and other talc products caused ovarian cancer, saying plaintiffs must provide more specific evidence or risk having their lawsuits dismissed. …
Via: Claims Journal
The insurer for Mr. Happy’s Cafe is smiling because a federal court has found it is not obligated to defend the adult entertainment club against charges that it used the images and likenesses of six models in its advertising without …
Via: Claims Journal
If there’s ever a robot uprising, it won’t be too difficult to decide what — rather than who—should be driving your ride out of town. Waymo’s driverless cars crash less often than people do, a new report shows. And the …
Via: Claims Journal
OpenAI said its advanced artificial intelligence models inadvertently hacked Hugging Face Inc. in an “unprecedented” incident that prompted fresh calls for curbs on the technology. The ChatGPT-maker said in a blog post Tuesday that the models broke into Hugging Face’s …
Via: Claims Journal
Taco Bell is hawking a lettuce-free stuffed tortilla smothered in cheese for $1 to help it bounce back from a parasite outbreak that has driven diners away. Traffic to the company’s U.S. locations has taken a hit since authorities tied …
Via: Claims Journal
Ford is recalling 288,314 vehicles in the U.S. due to the possibility of roof rail covers coming loose and detaching from the vehicles, the National Highway Traffic Safety Administration said. Related: Ford Recalling 741,000 US Vehicles Due to Park System …
Via: Claims Journal
Lloyd’s of London said former CEO John Neal breached its compliance rules after failing to disclose a close relationship that could have been perceived as creating a potential conflict of interest. An investigation found that Neal failed to disclose the …
Via: Claims Journal
As California’s wildfire insurance crisis drives homeowners to the state’s insurer of last resort, wealthy areas such as Beverly Hills, Malibu and Bel Air make up an increasingly large portion of the liability exposure — a dynamic that experts fear …
Via: Claims Journal