Industry News
In their latest report on the U.S. auto insurance market, analysts from S&P Global Market Intelligence predict the strongest overall U.S. property/casualty insurance underwriting results in 18 years for 2025, driven by favorable private passenger auto outcomes. Still, while their …
Via: Claims Journal
Ford Motor said on Wednesday it would bring Level 3 driver-assistance systems to market in 2028, allowing drivers to take their hands and eyes off the road while operating on certain highways. The technology will first be available on Ford’s …
Via: Claims Journal
Rivian Automotive is recalling 19,641 previously serviced R1S and R1T electric vehicles in the U.S., citing incorrectly assembled rear toe link, the U.S. National Highway Traffic Safety Administration said on Thursday. The automaker will replace the rear toe‑link bolts free …
Via: Claims Journal
OpenAI and its investor Microsoft Corp. were sued over a murder-suicide in the latest case to blame the popular ChatGPT chatbot for dangerous psychological manipulation of users.
Via: Claims Journal
Swedish automaker Volvo Cars is recalling 413,151 vehicles in the United States over an issue with the rearview camera, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Thursday. The software will be updated by a dealer or through …
Via: Claims Journal
Fire safety inspections hadn’t been carried out since 2019 at the Swiss bar where a fire at a New Year’s party left 40 people dead and over 100 injured, local authorities said this week. Investigators have said they believe sparkling …
Via: Claims Journal
German pension fund whose foray into private markets led to losses that totaled half of the fund’s assets has begun legal proceedings against its former auditor, an adviser and its own managers to recover the damages. The fund known by …
Via: Claims Journal
Alphabet’s Google and artificial-intelligence startup Character.AI have agreed to settle a lawsuit from a Florida woman who alleged a Character chatbot led to the suicide of her 14-year-old son, according to a Wednesday court filing. The filing said the companies …
Via: Claims Journal
The New Zealand High Court has issued an urgent injunction barring the publication of stolen medical data after hackers accessed about 430,000 private patient documents held on a health portal used by more than a third of the country’s population. …
Via: Claims Journal
A bill that promises legislative reform in California to speed up disaster recovery for homeowners and renters through improved insurance coverage and expanded consumer protections was introduced on the anniversary of the Los Angeles wildfires. The Disaster Recovery Reform Act, …
Via: Claims Journal