Industry News
A U.S. appeals court on Monday allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet’s Google, ByteDance’s TikTok, and other social media companies over claims they designed their products to be addictive to young users. The San Francisco-based …
Via: Claims Journal
Two drivers of Mercedes AMG cars have filed a class action lawsuit against the luxury car company, claiming that the AMG logo on their driver’s seat gets so hot that it literally brands them and causes burns. Gabriel Lahijani and …
Via: Claims Journal
A typhoon that struck the Chinese coast on Sunday is steadily weakening after making landfall, but is set to bring widespread heavy rain through this week that could threaten crops. Typhoon Dolphin has weakened to a tropical storm after making …
Via: Claims Journal
New York City is taking legal action against online retailers selling dangerous motorized devices — including high-speed e-bikes, stand-up e-scooters and other products that cannot legally be operated on the city’s streets. Mayor Zohran Kwame Mamdani said the city has …
Via: Claims Journal
Organized crime continues to strong arm the cargo industry, as estimated losses more than doubled to $304.6 million while theft incidents across the U.S. and Canada fell 26% year over year. A report from Verisk CargoNet points to organized theft …
Via: Claims Journal
The development of El Niño climate phenomenon might limit catastrophe claims in North America, the CEO of Zurich Insurance said last week after it reported second-quarter results. “What we hear is that this development of El Niño is actually moderating …
Via: Claims Journal
Alacrity Solutions Group LLC named Tony Triola chief revenue officer. Triola will oversee Alacrity’s revenue strategy, including business development, sales and customer growth initiatives. He has experience in insurance, including leadership positions at Liberty Mutual and Farmers. He was most …
Via: Claims Journal
Allstate CEO Tom Wilson said the insurer has a “technology-drive strategy, not a strategy supported by technology.” And the next step in the strategy is the build of ALLIE – Allstate’s Large Language Intelligent Ecosystem. Speaking to analysts during a …
Via: Claims Journal
Canada and the U.S. are discussing a prospective deal in which Ottawa would agree to a list of Trump administration trade demands in exchange for some relief on sectoral tariffs, the Globe and Mail reported on Friday, citing sources. The …
Via: Claims Journal
The 37-year old man suspected of starting one of the fires burning around Spokane, Washington told a detective that he planned the arson attack for Sunday to coincide with a “high winds” day, according to court documents. That blaze was …
Via: Claims Journal