Industry News
German drugs and agrochemicals group Bayer is expecting a $7.25 billion settlement on its Roundup weedkiller to come before Christmas, CEO Bill Anderson said on Tuesday. Related: Bayer Wins Roundup Trial as Settlement Decision Looms The company is seeking to …
Via: Claims Journal
Tesla has misled tens of thousands of South Korean customers by marketing driver-assistance software that the company knows cannot be legally used in most of its vehicles in the country, according to a complaint an advocacy group plans to file …
Via: Claims Journal
Pennsylvania Governor Josh Shapiro signed House Bill 1972 into law, updating the state’s public adjuster law by capping adjusters’ fees, requiring pre-contract disclosures, prohibiting kickbacks from contractors, and strengthening licensing enforcement. The new law provides stronger protections for homeowners, businesses, …
Via: Claims Journal
Parts of the private jet that crashed in Florida on Sunday killing nine people were found miles from the impact site, suggesting they broke off before the plane hit the ground, according to U.S. air safety investigators. Most of the …
Via: Claims Journal
Binance, which attributed the hack to North Korea, said the breach involved a "sophisticated, multi-stage campaign."
Via: Claims Journal
The Oregon Supreme Court will on Tuesday review a verdict that could expose Berkshire Hathaway’s PacifiCorp utility to tens of billions of dollars of potential damages over its role in four Oregon wildfires in 2020. Oregon residents and business owners …
Via: Claims Journal
The U.K.’s cybersecurity chief warned that Britain faces what could prove to be an unprecedented increase cyberattacks in the coming months and urged “willfully blind” businesses to come to terms with the risk. Richard Horne, head of the National Cyber …
Via: Claims Journal
A group representing nearly all major automakers on Monday urged U.S. lawmakers to pass a permanent ban on Chinese vehicles when they return next week for a quick session after the midterm congressional elections. In September, the Senate sponsors of …
Via: Claims Journal
Britain’s vehicle production rose sharply in September, industry data showed on Thursday, rebounding from a cyber-incident-hit comparison a year earlier. U.K. vehicle output increased 36.3% to 74,031 units in September, the strongest growth since August 2022, the Society of Motor …
Via: Claims Journal
These days the insurance industry is “caught in the crosshairs,” and it may also be caught flatfooted – responding to recent questions of a policy’s worth rather than working from in front with appropriate data. In Boston at the American …
Via: Claims Journal