Industry News
Transportation Secretary Sean Duffy said the partial government shutdown will lead to airport closures as challenges grow for Transportation Security Administration agents who are not receiving paychecks. “As we get into next week and they’re about to miss another payment, …
Via: Claims Journal
Uber will invest up to $1.25 billion in electric vehicle maker Rivian as part of a deal in which the ride-hailing firm will start deploying 10,000 fully autonomous R2 SUVs as robotaxis from 2028, the companies said on Thursday. San …
Via: Claims Journal
The Brookings Institution’s Hamilton Project has released a proposal for a federal reinsurance backstop called US Re to leverage federal borrowing capacity and stabilize the country’s homeowners insurance market. “Properly constructed, US Re could improve resilience while maintaining the benefits …
Via: Claims Journal
An employee has been awarded workers’ compensation benefits after being injured when performing a “common courtesy” even though her employer maintains what she did was outside the course and scope of her employment. The Virginia Workers’ Compensation Commission (VWCC) has …
Via: Claims Journal
Ex-Deutsche Bank AG executive Michele Faissola is seeking as much as £500 million ($669 million) in his U.K. lawsuit over allegations the lender caused irreparable harm to his career, according to people familiar with the matter. The German bank said …
Via: Claims Journal
U.S. auto safety regulators escalated an investigation of Tesla Inc.’s partially automated driving system marketed as “Full-Self Driving,” citing additional crashes pointing to potential flaws in the technology’s ability to handle driving conditions with reduced visibility. A review of the …
Via: Claims Journal
A federal judge in Chicago on Wednesday said two former McDonald’s vice presidents can proceed with their lawsuit that they were criticized and subjected to racial slurs because they are Black women, and then forced out of the company for …
Via: Claims Journal
The Lloyd's of London insurance market will continue to provide cover for vessels traveling through the Strait of Hormuz even as shipowners avoid the area.
Via: Claims Journal
The U.S. government on Wednesday asked companies to strengthen the security of Microsoft’s endpoint management tool, after a cyberattack on medical device maker Stryker Corp. week. The March 11 cyberattack hit Stryker’s computer systems, causing widespread disruption to its business, …
Via: Claims Journal
Tesla Inc. was sued by the sole survivor of a 2024 Cybertruck crash in California that killed three college students who were unable to escape the burning vehicle, the latest in a growing body of litigation faulting the automaker’s electrically …
Via: Claims Journal