Industry News
An insurance fraud scheme involving a bear costume, luxury vehicles and falsified damage claims has ended in convictions for three Los Angeles area residents. A California Department of Insurance investigation began after an insurance company suspected fraud after insureds claimed …
Via: Claims Journal
The medical officer for the Texas summer camp where 27 girls were killed in a flood last year testified Tuesday she still has not officially reported the deaths to the state health agency that regulates camps and is reviewing its …
Via: Claims Journal
The Nord Stream gas pipelines were attacked in 2022 as a direct result of Russia’s invasion of Ukraine, insurers told a London court on Thursday as they seek to avoid paying out nearly 580 million euros ($684 million) over blasts …
Via: Claims Journal
A group of almost 300 petitioners filed a class-action suit against BP Plc and Kenyan authorities seeking compensation for environmental damage caused by disposal of toxic waste at oil-exploration sites in the northern fields of the East Africa nation. They …
Via: Claims Journal
Rimkus named Matthew Cass to a newly established chief transformation officer role, which the firm says is designed to strengthen its enterprise platform. Cass’ responsibilities include leading the firm’s information technology function, overseeing enterprise resource planning implementation and advancing process …
Via: Claims Journal
In a case involving a rental car hit by an uninsured motorist, the Connecticut Supreme Court has ruled that the auto insurance policy of the driver that extended bodily injury coverage to the rental car must also provide uninsured motorist …
Via: Claims Journal
Live Nation Entertainment Inc., the largest U.S. concert promoter and ticket seller, illegally monopolized the live events industry and overcharged fans, a New York federal jury concluded Wednesday. Following a six-week trial, the jury found in favor of a coalition …
Via: Claims Journal
As people increasingly turn to artificial intelligence for advice, some U.S. lawyers are telling their clients not to treat AI chatbots like trusted confidants when their freedom or legal liability is on the line. These warnings became more urgent after …
Via: Claims Journal
Sales of new electric vehicles continued to slump in the first three months of the year. But there’s one growth segment: A new batch of relatively cheap and used battery-powered vehicles are enticing buyers looking for bargains. US drivers bought …
Via: Claims Journal
The number of unique vehicle configurations sold in the U.S. surpassed 600,000 in the 2025 model year, creating a growing challenge for auto insurers as they work to capture the configuration and replacement value of modern vehicles. JD Power shared …
Via: Claims Journal