Industry News
Lyft will pay $272.5 million to settle allegations it misclassified California drivers as independent contractors. Of the settlement with the California Labor Commissioner’s Office, 87% will go directly to drivers. More than 1,600 drivers who filed wage claims through LCO’s …
Via: Claims Journal
PG&E filed a 10-year Electrical Undergrounding Plan with the California Office of Energy Infrastructure Safety, to improve grid safety and reliability in high-wildfire-risk areas across northern and central California. Separately, PG&E Corp. said in early September that it plans to …
Via: Claims Journal
Just when it seemed American car buyers had left electric vehicles for dead, there are new signs of life in that corner of the auto market. Tesla Inc. and Rivian Automotive Inc. each posted better-than-expected EV sales for the third …
Via: Claims Journal
U.S. District Judge P. Kevin Castel said he will allow jury trials to move forward on how Google’s conduct related to its AdX advertising exchange harmed major publishers.
Via: Claims Journal
Advanced artificial intelligence tools may have been used in a cyberattack on South Korea’s Shinhan Bank Co. that exposed information on about 25,000 customers, Yonhap News reported, highlighting the risk of automated hacking against financial institutions. Attackers probably used sophisticated …
Via: Claims Journal
A yearslong legal campaign to hold the oil industry accountable for climate change risks running aground in the U.S. as the Supreme Court takes up a case that threatens to undercut dozens of lawsuits. The justices open their new term …
Via: Claims Journal
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