Industry News
Allegations that some roofers deliberately damage roofs in order to qualify properties for insurance claims have long been a concern for insurers. This fall, the North Carolina Department of Insurance and North Carolina Farm Bureau decided to do something about …
Via: Claims Journal
A settlement paid by stocks rather than money is a covered loss that must be paid by an insurer, the Delaware Supreme Court has affirmed. The state’s high court agreed with a lower court’s ruling that the definition of “loss” …
Via: Claims Journal
A California jury on Friday awarded $40 million to two women who said Johnson & Johnson’s baby powder was to blame for their ovarian cancer. The jury in Los Angeles Superior Court awarded $18 million to Monica Kent and $22 …
Via: Claims Journal
Sean Willett will be transitioning into a new role as senior vice president – carrier practice at Gallagher Bassett. The move is effective January 1, 2026. In this new role, he will lead Gallagher Bassett’s carrier sales and business development …
Via: Claims Journal
A U.S. lawmaker has proposed phasing out Chinese-made sensors in self-driving cars and critical infrastructure amid warnings they could be hacked and disabled from space during a conflict, crippling vast U.S. systems in seconds. Raja Krishnamoorthi, a Democrat from Illinois …
Via: Claims Journal
A federal appeals court, one step below the U.S. Supreme Court, handed down two rulings in favor of employers and insurers, one involving black lung and one regarding a black delivery driver. In Keith McKnight vs. United Parcel Service, the …
Via: Claims Journal
La Niña is expected to linger for another month or two before likely giving way to neutral Pacific conditions between January and March 2026, carrying a 68% probability, the U.S. Climate Prediction Center said on Thursday. “Even after equatorial Pacific …
Via: Claims Journal
The company that makes one of the two most widely used brands of formula for premature babies is threatening to stop. That is, unless U.S. health officials and Congress help protect it from lawsuits related to infant deaths allegedly tied …
Via: Claims Journal
EFI Global has named Troy Wilson president. Wilson will guide the strategic direction of EFI Global’s services and work to strengthen client partnerships. Wilson has nearly four decades of leadership experience. Prior to joining EFI Global, he held senior executive …
Via: Claims Journal
Rivian Automotive on Thursday unveiled its first custom computer chip for self-driving, shifting away from Nvidia’s processors, and a new paid driver-assistance package called Autonomy+ with prices far below those of rival Tesla. Shares of the pickup truck and SUV …
Via: Claims Journal