Industry News
The Paris prosecutor’s office opened probes into allegedly tainted infant formula distributed by Nestlé SA, Danone, Groupe Lactalis and two other brands. The investigation involves potential charges of “deception regarding goods that pose a danger to human health,” which can …
Via: Claims Journal
A jury in Pennsylvania state court on Friday awarded $250,000 to the family of a woman who sued Johnson & Johnson alleging its talc-based baby powder was to blame for her ovarian cancer, according to an attorney for plaintiffs in …
Via: Claims Journal
JPMorgan Chase must face part of a proposed class action lawsuit accusing the largest U.S. bank of paying brokerage and retirement account holders near-zero interest rates instead of market rates on their idle cash, a federal judge ruled. Customers alleged …
Via: Claims Journal
OpenAI, the maker of the most popular AI chatbot, used to say it aimed to build artificial intelligence that “safely benefits humanity, unconstrained by a need to generate financial return,” mission statement. But the ChatGPT maker seems to no longer …
Via: Claims Journal
Brian Deephouse, vice president and chief actuary at Auto Club Enterprises, was elected chair of the Insurance Institute for Highway Safety’s board of directors and Dawn Lee, chief product and underwriting officer at PEMCO Mutual Insurance Company, will continue as …
Via: Claims Journal
Fiat-to-Jeep owner Stellantis is quietly resurrecting diesel versions of at least seven car and passenger van models across Europe as it retreats from electric vehicles, according to a review of dealer websites and company statements to Reuters. In a previously …
Via: Claims Journal
President Donald Trump said his administration has rescinded the “endangerment finding,” a landmark scientific determination that greenhouse gases pose a threat to human health and welfare. “Under the process just completed by the EPA, we are officially terminating the so-called …
Via: Claims Journal
For American buyers, affordable cars have not been this hot since the Gulf War sent gas prices climbing and Japanese automakers took market share by offering a simple proposition: “fill it, forget about it.” Steep sticker prices on new cars …
Via: Claims Journal
Dutch telecommunications group Odido said it was hit with a cyberattack that compromised customer data, though services have remained operational. The mobile network, owned by buyout firms Apax Partners and Warburg Pincus, said Thursday in a statement that it contained …
Via: Claims Journal
Venbrook Group LLC named Awais Farooq chief claims officer. Farooq will oversee the company’s global claims operations. Farooq has nearly two decades of experience in claims. Before working for Venbrook, he was a senior vice president of strategy and transformation …
Via: Claims Journal