Industry News
The U.S. National Highway Traffic Safety Administration (NHTSA) on Tuesday closed a preliminary evaluation into about 72,926 General Motors hybrid vehicles over concerns related to its battery control module. The probe was opened in 2023 to investigate allegations regarding motive …
Via: Claims Journal
A group representing U.S. airlines plans to urge federal aviation officials to permanently reduce helicopter traffic around Reagan National Airport outside Washington, D.C., following a January collision by an Army Black Hawk into an American Airlines regional jet that killed …
Via: Claims Journal
Defending workers’ compensation claims from employees who have not disclosed previous injuries may have just become a little more complicated for employers and insurance carriers in Georgia. The Georgia Court of Appeals last week found that a long-standing defense against …
Via: Claims Journal
Real estate firm Douglas Elliman Inc. and its former chief executive officer Howard Lorber were sued by five women who say they were sexually assaulted by the Alexander brothers, as part of a lawsuit against the siblings that accused several …
Via: Claims Journal
After reporting a $13 billion underwriting loss in 2022 and $14 billion in 2023, State Farm recorded another underwriting loss last year—but the total for 2024 was less than half of those prior reports. Coming in at just over $6 …
Via: Claims Journal
President Donald Trump said Mexico and Canada could not negotiate a reprieve from 25% tariffs scheduled to take effect on March 4. “No room left for Mexico or for Canada,” Trump told reporters Monday when asked if the U.S.’s North …
Via: Claims Journal
As public perception and the legality of cannabis and other novel psychoactive substances continue to evolve, what emerging risks and litigation should insurance professionals keep an eye on? Last week, Verisk Analytics hosted a webinar to answer those questions and …
Via: Claims Journal
Critical to extreme fire conditions are expected to affect more than 2.7 million people across the Southwest, lower Great Plains and Texas, including the oil-rich Permian Basin. A large low-pressure system is forecast to move across the central Great Plains, …
Via: Claims Journal
Johnson & Johnson told a judge its $9 billion proposal to settle baby powder cancer claims in bankruptcy court is the only viable way to end more than 15 years of litigation, while opponents assailed the company’s efforts to line …
Via: Claims Journal
Connor Moucka, a Canadian, dropped out of high school and lived with his grandfather. John Binns, an American living in Turkey, feared the FBI and CIA were tracking him. Cameron Wagenius, a U.S. soldier, allegedly Googled how to defect to …
Via: Claims Journal