Industry News
Airlines across the U.S. began canceling flights scheduled for the coming days, as the longest government shutdown in history snarls air travel and forces thousands to change their travel plans.
Via: Claims Journal
Catastrophe modeling company KCC estimates that privately insured losses from Hurricane Melissa will hit $2.4 billion. This estimate includes insured damages to residential, commercial, and industrial properties in Jamaica and Cuba, according to Boston-based Karen Clark & Co. in its …
Via: Claims Journal
The COVID-era boom in trucking is definitely over. The trucking sector is experiencing one of its most challenging times, with trucking operators’ profitability dropping across all sectors, total costs continuing to rise, and freight tonnage and rates remaining stagnant or …
Via: Claims Journal
The American neighborhoods with the highest risk of floods are again losing residents. For the first time since 2019, high-risk counties lost domestic residents, with 30,000 more people relocating to other places in the country than moved in, according to …
Via: Claims Journal
The U.K. government joined forces with dozens of major employers to promote occupational health care in an effort to reverse a surge in adults out of work. Aviva, Phoenix, EY and Google are among more than 60 large businesses taking …
Via: Claims Journal
Meta Platforms Inc., ByteDance Ltd., Alphabet Inc. and Snap Inc. must face trial over claims that they designed social media platforms to addict youths, a judge ruled, clearing the way for the first of thousands of cases to be presented …
Via: Claims Journal
Boeing Co. will avoid a criminal charge over two fatal 737 Max crashes after a federal judge paved the way for a $1.1 billion settlement agreement, handing the embattled manufacturer a victory in a long-running legal battle. U.S. District Judge …
Via: Claims Journal
Already suing the current CEO of Howden US and others, all former employees, broker Marsh has filed a new lawsuit against another group of former employees now at Howden US for breach of various employee contracts. The lawsuit filed Nov. …
Via: Claims Journal
JPMorgan Chase & Co. was sued in London by an analyst who alleged she was paid less than a male colleague doing the same job and faced retaliation when she raised the issue with managers. Saidya Najeeb, who joined JPMorgan …
Via: Claims Journal
The left engine came off a doomed United Parcel Service Inc. freighter moments before it crashed in a fireball near the company’s global hub in Kentucky, killing at least 12 people. Louisville Mayor Craig Greenberg said in a post on …
Via: Claims Journal