Industry News
Nearly two-thirds of construction workers reported experiencing anxiety or depression in the past 12 months, according to a new survey by design-build firm Clayco. Sixty-four percent of the more than 1,000 construction workers surveyed said they felt the impact of …
Via: Claims Journal
Samsung Electronics owes patent owner Pictiva Displays $191.4 million in damages for infringing two U.S. patents covering organic light-emitting diode technology, a jury in Texas federal court said on Monday. Pictiva convinced the jury that a wide range of Samsung …
Via: Claims Journal
Pfizer Inc. said on Monday it has filed a second lawsuit against Metsera and its controlling shareholders, as well as Novo Nordisk in a Delaware federal court, accusing them of anticompetitive conduct. The latest lawsuit follows Danish drugmaker Novo’s bold …
Via: Claims Journal
Insured losses from Hurricane Melissa’s strike on Jamaica are expected to range between $2.2 billion and $4.2 billion, according to estimates from data analytics firm Verisk. The Category 5 hurricane made landfall in southwestern Jamaica last week, the Caribbean nation’s …
Via: Claims Journal
Hackers are infiltrating trucking and freight companies in a scheme to steal and sell cargo shipments, a growing campaign that could end up costing companies and consumers billions.
Via: Claims Journal
A Florida appeals court has struck down the $200 million verdict against John’s Hopkins All Children’s Hospital in the Maya Kowalski negligence lawsuit, a case that had gained worldwide attention and was the subject of a Netflix documentary. “The trial …
Via: Claims Journal
The U.S. auto safety regulator investigating whether certain Tesla Inc. door handles are defective received more complaints within days of initiating its probe from consumers who were unable to get into or out of their vehicles after battery failures. The …
Via: Claims Journal
North Carolina authorities have arrested a public adjuster, accusing him of absconding with a $133,000 payout from the insurance carrier following a contentious roof claim. Tyler Dionysius Englin, 26, of Garner, North Carolina, was charged with embezzlement after the Department …
Via: Claims Journal
Sharp increases in weather claims—from water to fire to ice—are undeniable. In 2024, 27 confirmed weather disaster events in the U.S. that caused losses exceeding $1 billion each. The types of events included drought, flooding, severe storms, hurricanes, wildfires and …
Via: Claims Journal
Overall satisfaction with the auto insurance claims process didn’t improve much in the past year, which may be good news considering more auto insurance customers now have higher deductibles and more say they’ve avoided filing a claim for fear their …
Via: Claims Journal