Industry News
Standard Chartered on Tuesday lost a bid to halve the value of a roughly 1.5 billion-pound ($1.94 billion) London lawsuit brought over allegations the lender broke U.S. sanctions against Iran in a more widespread way than it has previously admitted. …
Via: Claims Journal
Aurora Innovation plans to allow its self-driving trucks to operate without a driver in inclement weather ahead of launching commercial trips this year in Texas, the company said on Tuesday. The autonomous trucks are expected to start operating on public …
Via: Claims Journal
Scammers who share tricks with one another on social media are pushing auto loan fraud to record levels. The dollar amount of car loans involving fraud grew last year by more than 16% to $9.2 billion, according to a report …
Via: Claims Journal
Several residents of Los Angeles who were affected by the deadly Palisades wildfire sued city authorities over claims that municipal utility power lines ignited the fire, according to a lawsuit filed Monday. The suit cited a Washington Post article dated …
Via: Claims Journal
Segway is recalling about 220,000 of its scooters sold across the U.S. due to a fall hazard that has resulted in user injuries ranging from bruises to broken bones. According to a notice published by the U.S. Consumer Product Safety …
Via: Claims Journal
Higher premiums and longer wait times make property owners less satisfied with their insurers. These not-very-surprising results from J.D. Power’s 2025 U.S. Property Claims Satisfaction Study align with today’s climate of increasingly longer claim cycle times and higher costs for …
Via: Claims Journal
CRU Group named Catherine Sutton vice president for the U.S. Southwest Region. Sutton has an education in engineering and experience in insurance adjusting, forensic engineering and account management. Based in Austin, Texas, Sutton will report to Senior Vice President of …
Via: Claims Journal
With massive job cuts, the National Weather Service is eliminating or reducing vital weather balloon launches in eight northern locations, which meteorologists and former agency leaders said will degrade the accuracy of forecasts just as severe weather season kicks in. …
Via: Claims Journal
The National Highway Traffic Safety Administration is investigating nearly 1.3 million Ford F-150 pickup trucks in the United States over reports of an unexpected gear downshift accompanied by a temporary rear wheel lock-up. NHTSA said Monday it is opening a …
Via: Claims Journal
The U.S. Supreme Court refused to reinstate a novel and far-reaching lawsuit filed by young people who sought to force the federal government to take steps against climate change. The justices without comment left intact a federal appeals court decision …
Via: Claims Journal