Industry News
The devastating Los Angeles wildfires in 2025 and U.S. insured catastrophe losses of more than $45 billion for the third consecutive year helped push global economic losses from catastrophes to $224 billion, a report from Moody’s shows. In a year …
Via: Claims Journal
Nissan recalling 642,698 Rogue SUVs in the U.S. as part of two separate recalls, over issues that could cause loss of drive power, the U.S. National Highway Traffic Safety Administration said on Thursday. Nissan is recalling 318,781 Rogue SUVs over …
Via: Claims Journal
The Ranger Road Fire had consumed more than 280,000 acres as of Wednesday evening, nearly 20 times the size of the island of Manhattan.
Via: Claims Journal
Live Nation Entertainment Inc. must face an antitrust trial on some claims brought by the U.S. Justice Department and various states for allegedly monopolizing the live events market, after a federal judge rejected the company’s request to dismiss a case …
Via: Claims Journal
The Catholic Diocese of Camden, New Jersey and several holdout insurers have agreed to add $180 million to a trust fund to pay claims of survivors of sexual abuse by the church’s clergy. The $180 million is in addition to …
Via: Claims Journal
Bayer AG Chief Executive Officer Bill Anderson’s effort to extricate the company from the years-long legal battles related to its Roundup pesticide is facing some skepticism from investors. The German conglomerate’s proposed $7.25 billion class-action settlement in the U.S. announced …
Via: Claims Journal
Every year, millions of workers are injured or die on the job, imposing enormous human and economic costs. The socio-economic impact of workplace safety is hard to avoid and presents governments and organizations with a major challenge. In the United …
Via: Claims Journal
The Trump administration said Wednesday it is rescinding a rule that incentivized automakers to produce electric vehicles to meet fuel economy requirements by overstating energy savings. Environmentalists have long criticized the Energy Department rules for assigning unrealistically high fuel-economy values …
Via: Claims Journal
A U.S. federal judge threw out on Tuesday a lawsuit against Buffalo Wild Wings that alleged the restaurant and sports bar chain deceived consumers by selling boneless wings that are not actually de-boned chicken wings. Judge John Tharp Jr. in …
Via: Claims Journal
The Travelers Companies announced the launch of AI Claim Assistant, a fully agentic intelligent voice service to handle customer claim calls. The service, developed using OpenAI model capabilities and APIs, uses advanced language and speech recognition technologies, Travelers said, reporting …
Via: Claims Journal