Industry News
Fire safety inspections hadn’t been carried out since 2019 at the Swiss bar where a fire at a New Year’s party left 40 people dead and over 100 injured, local authorities said this week. Investigators have said they believe sparkling …
Via: Claims Journal
German pension fund whose foray into private markets led to losses that totaled half of the fund’s assets has begun legal proceedings against its former auditor, an adviser and its own managers to recover the damages. The fund known by …
Via: Claims Journal
Alphabet’s Google and artificial-intelligence startup Character.AI have agreed to settle a lawsuit from a Florida woman who alleged a Character chatbot led to the suicide of her 14-year-old son, according to a Wednesday court filing. The filing said the companies …
Via: Claims Journal
The New Zealand High Court has issued an urgent injunction barring the publication of stolen medical data after hackers accessed about 430,000 private patient documents held on a health portal used by more than a third of the country’s population. …
Via: Claims Journal
A bill that promises legislative reform in California to speed up disaster recovery for homeowners and renters through improved insurance coverage and expanded consumer protections was introduced on the anniversary of the Los Angeles wildfires. The Disaster Recovery Reform Act, …
Via: Claims Journal
A lawmaker introduced legislation to require new vehicles be equipped with manual door releases to address safety issues with the type of electrically powered handles popularized by Tesla.
Via: Claims Journal
JPMorgan Chase & Co. won a London gender pay gap dispute lawsuit against one of its female analysts after a tribunal judge dismissed all claims against the investment bank. Saidya Najeeb, who joined JPMorgan in March 2022, alleged that she …
Via: Claims Journal
Millions of people living on the expanding outskirts of Australia’s major cities face an increasing risk of urban wildfires similar to the deadly blazes in Los Angeles last year. Suburbs on the fringes of centers including Sydney, Melbourne and Perth …
Via: Claims Journal
Xceedance acquired Marble Box, a provider of operational support and process optimization services to independent insurance agencies and brokers. This acquisition is Xceedance’s entry into the agent and broker ecosystem. Marble Box supports agency processes for agents and brokers, delivering …
Via: Claims Journal
Nestle said it was recalling some batches of its infant nutrition products, including SMA, BEBA and NAN formulas, mostly in Europe, due to possible contamination with a toxin that can cause nausea and vomiting. The recall, which began on a …
Via: Claims Journal