Industry News
A federal judge dismissed a lawsuit on Wednesday accusing mutual fund giant Fidelity of cheating many investors in its $439.1 billion Fidelity Government Money Market Fund by keeping them in higher-cost share classes than they were eligible for. U.S. District …
Via: Claims Journal
Hyundai, Mazda and Kia are considered to be among the safest cars to drive. Those were among the makes that did well in the latest Insurance Institute for Highway Safety awards. The IIHS released their 2026 TOP SAFETY PICK+ and …
Via: Claims Journal
Toyota is recalling 144,200 vehicles in the U.S. as rearview camera images may not display when the vehicle is placed in reverse, increasing the risk of a crash, the U.S. National Highway Traffic Safety Administration said on Wednesday. Here are …
Via: Claims Journal
Meta Platforms Inc. and Alphabet Inc.’s Google were found liable and must pay damages to a 20-year-old woman who alleged that her addiction to the companies’ social media platforms caused her to suffer a mental health crisis, a jury said. …
Via: Claims Journal
A new forecast calls for a “near- to below-historical-average” hurricane season in the Atlantic in 2026 with 11 to 16 named storms, four to seven hurricanes and two to four major hurricanes. AccuWeather’s 2026 Atlantic hurricane season forecast also calls …
Via: Claims Journal
For the last several months, this series has made a deliberate case: Negotiation is not a peripheral activity in insurance litigation—it is the mechanism through which nearly every outcome is determined. The first four articles in this series explored negotiation …
Via: Claims Journal
Ford Motor is recalling 254,640 SUVs in the U.S. over software issues that may result in the loss of rearview camera image and some advanced driver assistance (ADAS) features, the U.S. National Highway Traffic Safety Administration said on Tuesday. Here …
Via: Claims Journal
When Thomas A. George and Tamika Hampton decided to defraud an auto insurer in 2019, they went big—claiming that George was so severely injured in a crash that he could no longer walk or talk, according to court documents. The …
Via: Claims Journal
Iran has started charging transit fees on some commercial vessels passing through the Strait of Hormuz, another sign of Tehran’s control over the world’s most important maritime energy channel. Payments of as much as $2 million per voyage are being …
Via: Claims Journal
Bruce Swain has been named Crawford & Company’s president and CEO. The company’s board of directors appointed Swain to the top post after serving a stint as interim president and CEO since January 1. Crawford in January launched a new …
Via: Claims Journal