Industry News
Delta Air Lines has agreed to pay $79 million to settle a class-action lawsuit filed in 2020 after one of its airplanes that was experiencing engine trouble dumped its fuel over schoolyards and densely populated neighborhoods near Los Angeles. The …
Via: Claims Journal
X Corp. cannot be forced to cover the upfront fees of arbitrating a series of legal disputes by former employees who lost their jobs after Elon Musk acquired the social media company, a U.S. appeals court ruled on Tuesday. A …
Via: Claims Journal
When Hurricane Katrina made landfall in southern Louisiana 20 years ago, the region was ill-prepared for the 125 mph winds and catastrophic flooding that would follow. Louisiana, like the rest of the United States, was still adopting modern international building …
Via: Claims Journal
The average estimated annual insured property loss from natural events around the world has risen to $152 billion – up sharply from recent years – and much of that is from severe thunderstorms, winter storms, wildfires and floods, not large …
Via: Claims Journal
Sedgwick named Kalani Reelitz chief financial officer. Reelitz will oversee all aspects of Sedgwick’s financial strategy and operations, from planning and reporting to capital structure, risk management, procurement and real estate. Reelitz has experience with global operations, developing top talent …
Via: Claims Journal
Walt Disney will pay $10 million to settle U.S. Federal Trade Commission allegations that the company unlawfully allowed personal data to be collected from children who viewed kid-directed videos on YouTube without notifying parents or obtaining their consent, the FTC …
Via: Claims Journal
When pop groups and rock bands practice or perform, they rely on their guitars, keyboards and drumsticks to make music. Oliver McCann, a British AI music creator who goes by the stage name imoliver, fires up his chatbot. McCann’s songs …
Via: Claims Journal
Jaguar Land Rover said a cyber incident had "severely disrupted" its retail and production activities this week.
Via: Claims Journal
Kimberly-Clark Corp. agreed to pay up to $40.4 million to resolve a criminal charge relating to the sale of adulterated MicroCool surgical gowns. A filing in U.S. District Court in the Northern District of Texas charges Kimberly-Clark with one count …
Via: Claims Journal
A month after Tesla launched a trial robotaxi service in Austin, Texas, in June for select fans, CEO Elon Musk told investors that the company’s driverless taxis would likely be available to “half the population of the U.S.” by the …
Via: Claims Journal