Industry News
U.S. Senator Elizabeth Warren is pressing the National Association of Insurance Commissioners to explain how it’s policing Wall Street firms’ influence over insurers and their bets on private credit, saying a probe of Mark Walter’s businesses raises questions about regulatory …
Via: Claims Journal
Almost 300 women who say they were sexually abused by former Harrods owner Mohamed Al Fayed want as much as £150 million ($203 million) in compensation from the luxury department store, more than double the amount it’s set aside. The …
Via: Claims Journal
Bayer’s Monsanto unit heads to a Missouri state court on Monday seeking approval of a $7.25 billion settlement that could resolve tens of thousands of U.S. lawsuits alleging that its popular weedkiller Roundup causes cancer. In a pivotal test of …
Via: Claims Journal
U.S. health authorities on Friday declared the nation’s largest recorded multistate cyclosporiasis outbreak over, after contaminated iceberg lettuce sickened thousands, though the FDA said it was still probing how the parasite entered the food supply. The outbreak, which federal investigators …
Via: Claims Journal
Arizona has sued L’Oreal SA and its U.S. subsidiary, alleging the cosmetics company hid evidence that its hair relaxer products could cause cancer in women, as it faces thousands of similar lawsuits from users and their families. Arizona Attorney General …
Via: Claims Journal
Insurance Journal’s Risky Future series is hosting the “AI Tools for FNOL & Digital Claims” Demo Day, a series of free AI tool demonstrations designed exclusively for insurance claims leaders, including chief claims officers, innovation & transformation leaders, customer experience …
Via: Claims Journal
Where were you on September 11, 2001, when you heard that at 8:46 a.m. a hijacked American Airlines Flight 11 crashed into the North Tower of the World Trade Center (WTC) in Manhattan? And that minutes later hijackers crashed United …
Via: Claims Journal
Nick Kosiavelon, an insurance defense attorney in Massachusetts, tells the story about some plaintiffs’ lawyers he faced off against in a recent brain-injury lawsuit. He said within an hour of seeing the list of potential jurors in the jury pool, …
Via: Claims Journal
InterDigital Inc., a technology and patent licensing company, is seeking €101.7 million ($118 million) from Walt Disney Co. over the alleged unlicensed use of video technology by the Disney+ streaming service, according to people familiar with the matter. The claim …
Via: Claims Journal
A top Pentagon official is pushing back against rising fears about artificial intelligence risks days after a public warning from an Anthropic PBC engineer that AI insiders believe the technology “could kill us all by the end of the decade.” …
Via: Claims Journal