Industry News
A New York federal judge ordered a group of states to engage in settlement talks with Live Nation Entertainment Inc. to potentially resolve claims the company illegally monopolized the live event industry. U.S. District Judge Arun Subramanian declined to rule …
Via: Claims Journal
The National Highway Traffic Safety Administration said Tuesday it is seeking public comments on Amazon.com’s self-driving unit Zoox to deploy up to 2,500 purpose-built, steering-wheel-free robotaxis. Related: Waymo Valued at $126B in Latest Financing as Robotaxis Gather Steam Zoox filed …
Via: Claims Journal
Wind turbines are the largest driver of offshore loss claims, representing 57% of claims by count, according to a new report. AXIS Capital released an offshore wind report, an analysis of four years of claims trends across its international portfolio …
Via: Claims Journal
An Indiana church that sought payment at replacement-cost level for fire damage to its property learned the hard way that procrastination can carry a price tag when it comes to settling insurance contracts. A federal appeals court ruled last week …
Via: Claims Journal
Five insurance carriers cannot be expected to defend or indemnify a Georgia boarding school where child sexual abuse took place decades before the liability policies were written, the Georgia Court of Appeals has found in a ruling that reversed a …
Via: Claims Journal
As Meta Platforms Inc. and Google start presenting their defense in a landmark trial over social media addiction, the companies are seeking to show the mental health struggles suffered by the 20-year-old who brought the case stemmed from turmoil in …
Via: Claims Journal
Electrically powered air taxis will start taking to the skies in some states and cities across the U.S., including in New York, after the government approved several pilot projects under a program meant to accelerate their integration into the U.S. …
Via: Claims Journal
Live Nation Entertainment Inc. has reached a settlement with federal antitrust authorities, the Justice Department said Monday, throwing a wrench mid-trial into an antitrust case that accused the company of illegally monopolizing the live music industry and sought to force …
Via: Claims Journal
Catastrophe, resilience, automation, digital transformation, personalization of the claims experience, talent strategies, operational flexibility—there are a mouthful of trends to talk about in the still-young year. A new report from Crawford & Company forecasts trends that will be reshaping the …
Via: Claims Journal
Authorities searched through rubble and debris in southern Michigan on Saturday after suspected tornadoes tore through the region and killed four people, including a 12-year-old boy, during powerful storms also blamed for two deaths in eastern Oklahoma. First responders from …
Via: Claims Journal