Industry News
Rockstar Games, the company behind the hit Grand Theft Auto franchise, said that the dozens of employees it fired last week were leaking company secrets, disputing allegations by labor leaders that it was disrupting workers’ attempt to unionize. The employees …
Via: Claims Journal
Rising parts costs, consumer affordability issues, changing vehicle technology and tariffs continue to impact the auto claims and repair landscape, experts say. Those were among the topics focused on during CCC Intelligent Solutions’ Q3 Crash Course webinar in late October, …
Via: Claims Journal
Bristol Myers Squibb reached a $239 million settlement of claims that former Celgene shareholders were defrauded about prospects for the psoriasis drug Otezla, and multiple sclerosis treatment now known as Zeposia. A preliminary settlement of the 7-1/2-year-old class action was …
Via: Claims Journal
Severe weather events are increasing in New York and certain types of events, including thunderstorm-related damaging wind and flash flooding, are also increasing, according to a new report from State Comptroller Thomas P. DiNapoli. Since 1998, New York State has …
Via: Claims Journal
Toyota Motor said Wednesday it is recalling 1.02 million vehicles in the United States due to a flaw that may cause a rear-view camera to fail, boosting the risk of a crash. The recall covers certain 2022 through 2026 Toyota …
Via: Claims Journal
Typhoon Kalmaegi killed at least 116 people in the Philippines, becoming the deadliest storm to hit the Southeast Asian nation in a year, with dozens more missing. The typhoon, locally known as Tino, also displaced more than half a million …
Via: Claims Journal
Rising parts costs, consumer affordability issues, changing vehicle technology and tariffs continue to impact the auto claims and repair landscape, experts say. Those were among the topics focused on during CCC Intelligent Solutions’ Q3 Crash Course webinar in late October, …
Via: Claims Journal
Written words have an intended meaning. Fair-minded readers try to grasp that meaning. But other readers impute motives to the writer either to serve their own ends or to protect the writer from unforeseen consequences. Once, early in my career, …
Via: Claims Journal
Written cyber insurance premiums will rise 15% in 2026 as new artificial intelligence threats and data demands emerge. In a new report, analysts at Forrester Research anticipate that the widespread adoption of AI will reverse the cyber market’s recent deceleration. …
Via: Claims Journal
The Caribbean Catastrophe Risk Insurance Facility will make a payout of US$70.8 million to the government of Jamaica to cover damages from Hurricane Melissa. This marks the largest single payout in the history of CCRIF, the Cayman Islands-based parametric catastrophe …
Via: Claims Journal