Industry News
Across the industry, nuclear verdicts are dominating conversations about social inflation and liability severity, and for good reason: in 2025, U.S. juries returned nearly 200 nuclear verdicts — awards of $10 million or more — against corporate defendants, a 40.7% …
Via: Claims Journal
Despite the promise of artificial intelligence and other technology to improve and speed the insurance process, property claims face delays and growing complexity, a new report shows. Several factors are putting pressure on property claim timelines, including labor shortages, equipment …
Via: Claims Journal
Toyota Motor Corp. and Hyundai Motor Co. are pulling closer to Detroit’s marquee automakers in the U.S. auto market, boosted by demand for gas-electric hybrids and affordable vehicles as average car payments rise well above $800 a month. Toyota recorded …
Via: Claims Journal
Newswise — E-scooter trauma admissions nearly doubled from 2021 to 2023, and nearly two-thirds of injured riders under 16 sustained major injuries, according to two national analyses. The studies were presented at the American College of Surgeons (ACS) Clinical Congress …
Via: Claims Journal
Thousands of homes and businesses in Southern California have been warned of the potential for power cuts in the coming days as a heat wave boosts wildfire risk throughout the region. With triple-digit temperatures expected this weekend, Edison International’s Southern …
Via: Claims Journal
The warning is the latest by EU authorities charged with safeguarding the bloc's economic stability. The European Central Bank's top climate official said last month that the cumulative impact of extreme weather shocks is morphing into its own risk category.
Via: Claims Journal
Facing potential liability for harms related to climate change, major oil companies have again turned to the U.S. Supreme Court, teeing up a case that could determine the fate of dozens of climate-related lawsuits by state and local governments against …
Via: Claims Journal
For years, artificial intelligence researchers have warned of ways the technology could wipe out humanity: AI bots could design an unstoppable disease, unleash a nuclear war, or transform all of Earth into paper clip factories, as one thought experiment goes. …
Via: Claims Journal
UnitedHealth Group Inc. must defend itself against a slimmed-down lawsuit by a major shareholder that alleges investors were deceived about financial transactions that boosted earnings, a federal judge ruled. U.S District Judge Jeffrey Bryan said Wednesday that the California Public …
Via: Claims Journal
A decision by the Georgia Supreme Court this month may have opened the door to more subrogation claims against law enforcement agencies that cause damage to property during non-emergency police procedures. In a case involving helicopter rotor-wash damage to a …
Via: Claims Journal