Industry News
In property/casualty claims, the initial inspection does more than document damage. It establishes the foundation for how the claim will be evaluated, reserved and ultimately resolved. When that inspection is incomplete, rushed, or performed without sufficient expertise, the effects rarely …
Via: Claims Journal
Seagate Technology reached a $175 million settlement of a lawsuit claiming it defrauded shareholders by concealing it violated U.S. export control laws by selling more than $1.1 billion of hard disk drives to China’s Huawei Technologies. A preliminary settlement of …
Via: Claims Journal
Just days before the civil trial on claims against the owner and operator of the cargo ship Dali was to begin, Grace Ocean and Synergy Marine settled wrongful death suits with the families of the six construction workers killed when …
Via: Claims Journal
The suit by the Kentucky school district alleged social media products are addictive and helped create a teen mental health crisis that drained school resources.
Via: Claims Journal
Tesla Inc. is facing a consumer lawsuit in China over its Full Self‑Driving feature, with a Beijing court holding its first hearing in a case brought by 10 car owners alleging misleading advertising and fraud, The Beijing News reported. Ten …
Via: Claims Journal
A new lawsuit accuses a senior official at Shield AI of “profane, egregious acts” of sexual harassment and alleges fraud and safety issues involving other workers at the defense tech startup. Jacob Miller said in his lawsuit that he was …
Via: Claims Journal
The Trump administration wants to increase the level of regional content in North American-built vehicles to 82% to qualify for preferential treatment under the U.S.-Mexico-Canada Agreement on trade, with 50% of that value produced in the United States, four people …
Via: Claims Journal
Honda Motor is recalling 98,892 vehicles in the United States over a defect involving unintentional deployment of air bags, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Friday. Related: Stellantis Recalling 419K US Vehicles for Improper Side Air …
Via: Claims Journal
Average U.S. residential roof replacement costs jumped 33% and repair costs rose 25% in 2025 compared to the prior four-year average despite a sharp decline in claims volume, a new report shows. Verisk’s 2026 U.S. Roof Report shows everyday wind …
Via: Claims Journal
A years-long dispute over a portfolio of commercial properties in Southern California that sparked credit concerns at several banks last year has led to a roughly $1.34 billion arbitration award. Real estate owner Mohammad Honarkar was “fraudulently induced” into doing …
Via: Claims Journal