Industry News
Johnson & Johnson told a judge its $9 billion proposal to settle baby powder cancer claims in bankruptcy court is the only viable way to end more than 15 years of litigation, while opponents assailed the company’s efforts to line …
Via: Claims Journal
Connor Moucka, a Canadian, dropped out of high school and lived with his grandfather. John Binns, an American living in Turkey, feared the FBI and CIA were tracking him. Cameron Wagenius, a U.S. soldier, allegedly Googled how to defect to …
Via: Claims Journal
The claims industry has made great strides over the years, with significant investments in people and technology that include upgrades to legacy systems, workflow digitization and career development opportunities. However, the industry continues to wrestle with inefficiencies related to these …
Via: Claims Journal
Arkansas Attorney General Tim Griffin sued General Motors and its subsidiary OnStar this week, alleging the car manufacturer deceived Arkansans by collecting and selling driver information to third parties, who then sold the data to insurance companies. The lawsuit alleges …
Via: Claims Journal
Most insurance executives surveyed last year believe they have “an ethical obligation” to close the protection gap—and also believe that “lack of trust in the insurance industry” is a key barrier standing in the way. Economist Impact, a division of …
Via: Claims Journal
While Western wildfires have dominated disaster news for decades, new analysis using artificial intelligence shows millions of homes across the country—even in the swampy Southeast—are at risk for wildfires. New data analysis from ZestyAI found that $2.15 trillion worth of …
Via: Claims Journal
California’s $21 billion wildfire fund may shield Edison International’s balance sheet if equipment owned by the company’s electric utility is found to have caused a deadly Los Angeles fire last month, Edison’s CEO said on Thursday. Southern California Edison, one …
Via: Claims Journal
After a fire broke out at an Oklahoma motel in June 2020, the property owner submitted a loss claim to its surplus lines insurer—only to find the insurer denied the claim on the assertion that a commercial lines policy insuring …
Via: Claims Journal
European product recalls hit a record high of 14,484 events in 2024, surpassing last year’s record 12,503 events, a new report shows. Sedgwick Brand Protection’s 2025 European State of the Nation Recall Index report reviews five product categories and three …
Via: Claims Journal
California Gov. Gavin Newsom is enlisting veteran Republican lawmaker Ken Calvert to help push his $40 billion wildfire aid request through Congress and secure President Donald Trump’s backing for rebuilding efforts. Calvert, 71, a longtime member of the powerful House …
Via: Claims Journal