Industry News
The U.S. Justice Department and a coalition of states have reached a settlement with egg producers over alleged illegal price coordination, according to New York’s attorney general. Cal-Maine Foods Inc, Hickmans’s Egg Ranch Inc. and Versova will pay $3.3 million …
Via: Claims Journal
Tesla Inc. has quietly resolved a lawsuit stemming from a fatal 2023 crash that precipitated a defect investigation into the carmaker’s automated-driving technology. The collision involved 71-year-old Johna Story, who had stepped out of her vehicle on an Arizona highway …
Via: Claims Journal
A federal judge rejected Meta Platforms’ bid to dismiss a lawsuit by 29 U.S. state attorneys general accusing it of designing Facebook and Instagram to addict children and knowingly concealing the harm from the public. In a decision late Monday, …
Via: Claims Journal
Amazon.com Inc. has been sued by Australia’s consumer watchdog for introducing advertising to its Prime Video streaming service and then forcing existing subscribers to pay more to avoid the ads. The Australian Competition & Consumer Commission said Tuesday it has …
Via: Claims Journal
The U.S. cyber insurance market may be facing a time of transition as certain signs point to eventual adverse development. According to AM Best, the market’s loss ratio in 2025 increased for the second straight year to 53—the first time …
Via: Claims Journal
Ford is recalling 741,195 vehicles in the U.S. over a transmission defect that can damage the park system, which in turn could result in vehicles rolling away, the U.S. National Highway Traffic Safety Administration said on Tuesday. The recall affects …
Via: Claims Journal
Photographs showing a staircase before and after repairs should not have been allowed as evidence in a negligence claim against a landlord, the Connecticut Appellate Court has ruled. In a unanimous opinion, the appeals court ordered a new trial in …
Via: Claims Journal
Technology is moving extremely fast, and a recent Clyde & Co survey of global business leaders has found that associated risks are weighing heavily. According to the law firm’s latest Corporate Risk Radar, 86% of leaders—CEOs, CFOs, COOs, general counsel, …
Via: Claims Journal
Sensitive lists of components and suppliers, and photos of Apple’s upcoming iPhone 18 Pro models are part of files posted on the dark web by the ransomware group that stole data from the U.S. firm’s Indian supplier Tata Electronics, according …
Via: Claims Journal
The man accused of sparking last year’s deadly Palisades Fire will be tried again this fall after his first federal arson case ended in a mistrial Friday. Ten of the 12 jurors insisted Jonathan Rinderknecht, 29, is innocent. Judge Anne …
Via: Claims Journal