Industry News
First Brands Group’s former chief strategy officer asked a judge to dismiss a civil lawsuit that blames him in part for the auto-parts supplier’s collapse, arguing that founder Patrick James and his brother, Edward, concealed the alleged fraud that brought …
Via: Claims Journal
The top US trade official said restrictions on foreign technology will likely keep Chinese carmakers out of the US for the foreseeable future, throwing cold water on the prospect of those manufacturers establishing a foothold in the domestic auto market. …
Via: Claims Journal
After a key setback in the first trial of its kind before a federal jury, Uber is expected to return to court on Tuesday to face a second woman’s claims that she was sexually assaulted by a driver she booked …
Via: Claims Journal
A judge threw out Donald Trump’s $10 billion libel suit against the Wall Street Journal and parent company News Corp., dealing a blow to the president’s ongoing campaign of litigation against the media. The decision Monday in federal court in …
Via: Claims Journal
Kia Corp. will begin using humanoid robots in its U.S. factories from 2029 and is developing a new hybrid truck for the American market as well as its first software-defined vehicle, a push by the South Korean carmaker to bolster …
Via: Claims Journal
Auto claims and repair are becoming more complex and evolving with advanced vehicle technology, embedded sensors, calibrations, diagnostics and labor dynamics, according to a new report. CCC Intelligent Solutions released its annual report for 2026. Although the year in review …
Via: Claims Journal
Newswise — Wildfire season is approaching, threatening not only property and lives but municipal bond prices in the most vulnerable places. A study from the University of Iowa’s Tippie College of Business found that communities more prone to wildfires pay …
Via: Claims Journal
U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent meeting with bank CEOs this week to warn of cyber risks posed by Anthropic’s latest artificial intelligence model, two sources familiar with the matter said on …
Via: Claims Journal
Hyundai Motor America is recalling 294,128 vehicles in the U.S. due to a defect that could cause seat belt anchors to detach, the U.S. National Highway Traffic Safety Administration said on Friday. Here are some details: The recall covers Hyundai …
Via: Claims Journal
Abbott Laboratories was told by a jury to pay $70 million over claims by four mothers that the company hid the fact its premature-infant formula can cause a bowel disease dangerous to frail babies. Jurors in state court in Chicago …
Via: Claims Journal