Industry News
You’d have to roll back the calendar a few decades to find a time when competitive moves by the nation’s biggest auto and home insurer were described with the phrase, “The big dog is off the porch.” Still, against the …
Via: Claims Journal
Tesla chief Elon Musk said on Monday he expects fully self-driving cars without human safety monitors to become more widespread in the United States later this year, after already being introduced in Texas. Speaking by video link to the Smart …
Via: Claims Journal
Adani Enterprises Ltd. agreed to pay $275 million over a probe by the Office of Foreign Assets Control, putting the Indian conglomerate a step closer to resolving its legal troubles in the U.S. The Treasury Department said on Monday the …
Via: Claims Journal
Truckmaker Volvo Group on Monday agreed to a $197 million settlement with the California Air Resources Board over alleged violations of the state’s heavy-duty engine regulations. The settlement resolves allegations that Volvo failed to properly disclose auxiliary emission control devices …
Via: Claims Journal
More than 34,000 homes and businesses remain without power across PG&E Corp.’s service area after a weekend outage due in part to dry and windy conditions that raised the risk of wild fires. There were 659 outages impacting 34,322 customers …
Via: Claims Journal
More than half of pilots killed in U.S. civil aviation accidents between 2018 and 2022 tested positive for at least one drug, the U.S. National Transportation Safety Board said in a report published Thursday. Of the 984 pilots who died …
Via: Claims Journal
A massive 320-page class action complaint has the attention of the cannabis sector. The insurance professionals who underwrite it should also be paying close attention. The case, Murray et al. v. Cresco Labs Inc. et al., was filed on May …
Via: Claims Journal
California’s workers’ compensation system continues to experience moderate but persistent cost growth due to wage increases, labor market conditions, rising medical expenses and system complexity. Payments per claim in California’s workers’ comp system have risen steadily since 2021, according to …
Via: Claims Journal
Google’s YouTube and Snap Inc. reached agreements to settle the first lawsuit headed to trial over claims that addiction to top social media platforms has disrupted learning and pushed public schools to spend massive sums fighting a mental health crisis, …
Via: Claims Journal
An Illinois man who suffered severe injuries to his hand and fingers in a dog attack received a $300,000 settlement, the law firm John J. Malm & Associates said. The man attacked by two pit bulls while taking his German …
Via: Claims Journal