Industry News
The University of South Carolina women’s basketball team saved the insurer for a New England furniture company millions of dollars by beating the University of Connecticut team 62-48 last Friday night. At the same time, 20,000 New Englanders missed a …
Via: Claims Journal
Lawyers say up to 75 women who were sexually abused by Jeffrey Epstein since 2008 may benefit from a $72.5 million fund set up as part of a settlement Bank of America reached with lawyers representing the women. U.S. District …
Via: Claims Journal
The Federal Aviation Administration said Monday it is proposing to hire 2,300 air traffic controller trainees as it works to address a persistent lack of personnel. The FAA is about 3,500 fully certified air traffic controllers short of targeted staffing …
Via: Claims Journal
A federal judge dismissed a proposed class-action lawsuit accusing the maker of Stanley tumblers of concealing that the popular water bottles contained lead. In a decision on Friday, U.S. District Judge Tana Lin in Seattle said consumers did not demonstrate …
Via: Claims Journal
The systems that allow drivers to take their hands off the wheel are convenient but don’t improve safety because people are often too reliant on them and end up paying more attention to their cellphones and infotainment screens than to …
Via: Claims Journal
The U.S. is doubling, to $40 billion, its commitment to provide reinsurance guarantees to ships willing to travel through the Strait of Hormuz with the addition of new insurance partners, including AIG and Berkshire Hathaway. The move announced Friday is …
Via: Claims Journal
The U.S. National Highway Traffic Safety Administration said on Monday it closed a probe into nearly 2.6 million Tesla vehicles over a feature allowing users to move cars remotely after finding it was linked only to low-speed incidents. The agency …
Via: Claims Journal
A judge has dismissed a lawsuit against Fox News, which was sued by a fired journalist who had accused the network of violating sick leave law and also targeting him for political views. Jason Donner lost the sick leave claim …
Via: Claims Journal
A Florida public adjuster, already facing prosecution for similar alleged misappropriation in 2024, now stands accused of diverting more than $600,000 in insurance settlements for homeowners hit by Hurricane Ian. Francisco Javier Chaparro-Araus, 46, of All Elements Public Adjusters in …
Via: Claims Journal
In recent days, the operator of an oil tanker stuck in the Persian Gulf received a compelling proposal. After weeks at anchor with missiles and drones passing overhead, it could finally sail safely out through the Strait of Hormuz and …
Via: Claims Journal