Industry News
Maire SpA and its two lenders won a U.K. court ruling against a €212 million ($243 million) demand by a company linked to a sanctioned billionaire. EuroChem Group AG sued the Italian firm along with Societe Generale SA and ING …
Via: Claims Journal
A woman who died in a car accident while driving intoxicated after a company-mandated wine tasting was responsible for her own death, lawyers for those who served her wine told a Connecticut court this week. The estate of Nicole Silva …
Via: Claims Journal
High Noon announced a recall of vodka seltzer drinks that it says were mislabeled as Celsius energy drinks, according to a posting on the U.S. Food and Drug Administration’s website. “Consumption of the liquid in these cans will result in …
Via: Claims Journal
In the rapidly shifting landscape of property/casualty insurance claims, negotiation stands at the pivotal moment for improved settlement outcomes, client satisfaction, and bottom-line carrier health. In 98-99 of every 100 litigated files, the carrier’s financial outcome will be established through …
Via: Claims Journal
California Insurance Commissioner Ricardo Lara is taking legal action against the California FAIR Plan Association for reportedly denying and limiting smoke damage claims from wildfire survivors. The California Department of Insurance filed an order to show cause against the FAIR …
Via: Claims Journal
Tesla launched a ride-hailing service in the San Francisco Bay Area on Thursday, without indicating whether it would be using self-driving vehicles that power its Austin, Texas operations. California has not permitted Tesla to offer robotaxi service, and the limited …
Via: Claims Journal
BHP and Vale are facing a London lawsuit from the law firm representing hundreds of thousands of people over Brazil’s worst environmental disaster, alleging the companies sought to cheat the firm out of legal fees by procuring settlements. BHP said …
Via: Claims Journal
New York City commuters are bracing for potential flooding from heavy rain Thursday evening, just hours after an unrelated power outage snarled the morning rush hour. The Metropolitan Transportation Authority suspended service on multiple lines as crews investigated a loss …
Via: Claims Journal
California Gov. Gavin Newsom is circulating a legislative proposal to shore up a state fund for utilities that’s at risk of being depleted following the deadly wildfires that struck Los Angeles County in January. The plan would channel an additional …
Via: Claims Journal
Voda Cleaning & Restoration named Sae Lee chief financial officer and chief strategy officer. In the dual role, Lee will oversee Voda’s financial operations, capital strategy, and long-term business planning, while also driving corporate development efforts that include strategic partnerships, …
Via: Claims Journal