Industry News
Ford is recalling 179,698 vehicles in the U.S. due to a loose bolt in the front seat frame, the U.S. National Highway Traffic Safety Administration said on Friday. The recall includes certain 2024-2026 Ranger and Bronco vehicles. A seat with …
Via: Claims Journal
The fate of the Strait of Hormuz—through which about a fifth of the world’s oil and LNG flowed before the war—lies at the heart of the current stalemate.
Via: Claims Journal
Prosecutors said the man they charged with starting the deadly 2025 Palisades Fire in Los Angeles was upset about a failed relationship and not having New Year’s Eve plans just before he set a small blaze which rekindled six days …
Via: Claims Journal
Commercial property insurer FM said it plans to distribute a membership credit of $1.5 billion for eligible mutual policyholders, crediting partnership, protection and loss prevention. The credit is the company’s largest, largely driven by FM’s clients’ risk mitigation and loss …
Via: Claims Journal
Insurers are seeing gains from artificial intelligence, but many are also exposing themselves to unnecessary risks, according to a new Grant Thornton report. The independent CPA firm’s 2026 AI Impact Survey Report found that 44% of insurance executives say governance …
Via: Claims Journal
U.S. economic growth regained speed in the first quarter as businesses boosted investment in artificial intelligence and government spending rebounded after a crippling shutdown, but the pickup is likely temporary, with the Middle East conflict raising inflation and eroding household …
Via: Claims Journal
The Paris prosecutor’s office has opened an investigation into a 15-year-old, suspected of having hacked the country’s ID agency and trying to sell the data of millions of French people on the dark web this month, it said on Thursday. …
Via: Claims Journal
Young and inexperienced Camp Mystic counselors were not trained to help campers during floods or other emergencies, and feared making decisions on their own, an investigator into the flood that killed 27 counselors and campers told Texas lawmakers this week. …
Via: Claims Journal
Some automakers this week got a first-quarter profit boost—at least on paper—from future refunds of tariff payments they made to the U.S. government, risking potential ire from U.S. President Donald Trump. Companies that were hit with import duties began applying …
Via: Claims Journal
The National Highway Traffic Safety Administration on Wednesday banned substandard Chinese replacement automobile air bag inflators after 10 fatal crashes, saying they pose a significant risk to American drivers. The U.S. auto safety agency said it was aware of 12 …
Via: Claims Journal