Industry News
Blizzards, wildfires and thunderstorms swirling toward the eastern U.S. have knocked out power to thousands and grounded hundreds of flights across the Midwest. Heavy snow touched off blizzard warnings from South Dakota to Michigan’s Upper Peninsula on Sunday, the National …
Via: Claims Journal
Adobe Inc. will pay about $150 million to settle a complaint from U.S. regulators that the creative software company made it too difficult for consumers to cancel their subscriptions. Of the total, $75 million will be spent giving free services …
Via: Claims Journal
Generic drugmaker Viatris has settled a lawsuit brought by the family of Henrietta Lacks, a Maryland woman whose tissue samples were used without her permission to develop enduring cells for lucrative medical research. Viatris and Lacks’ estate told a federal …
Via: Claims Journal
Starbucks may be neglecting the financial and reputational risks that stem from labor disputes, two proxy advisory firms are warning shareholders. The warnings come more than a year after contract talks between the company and its U.S. union, formed by …
Via: Claims Journal
Lucid unveiled a two-seater robotaxi concept without steering wheel and pedals, and launched new self-driving tech subscriptions, as the electric-vehicle maker laid out its roadmap for the technologies at an investor day event on Thursday. The unveiling deepens Lucid’s push …
Via: Claims Journal
The National Transportation Safety Board will hold a March 31 hearing to determine the probable cause of two fatal crashes involving Ford Motor’s hands-free advanced driver assistance system BlueCruise. Both crashes in 2024 involved 2022 model year Ford Mustang Mach-Es …
Via: Claims Journal
Volkswagen AG and Volvo Car AB warned that the Middle East conflict threatens demand at a time when automakers are struggling to recover from uneven electric-vehicle sales, tariffs and a slump in China. “We see already in many markets customer …
Via: Claims Journal
Scientists at the U.S. Climate Prediction Center project a 62% chance that an ocean-heating El Niño would emerge during the Northern Hemisphere's summer, with odds climbing higher into the fall.
Via: Claims Journal
Unconditional payments—payments made without condition or reservation of rights, such as settlement offers—restart the clock on the standard two-year prescriptive period for Louisiana first-party insurance claims, the state high court ruled. The prescriptive period is interrupted by unconditional payments even …
Via: Claims Journal
Heat waves that lead to sudden and damaging drought are spreading across the globe at an accelerating rate, highlighting how climate change-fueled extremes can build dangerously off each other, a new study found. Researchers from South Korea and Australia looked …
Via: Claims Journal