Industry News
For American buyers, affordable cars have not been this hot since the Gulf War sent gas prices climbing and Japanese automakers took market share by offering a simple proposition: “fill it, forget about it.” Steep sticker prices on new cars …
Via: Claims Journal
Dutch telecommunications group Odido said it was hit with a cyberattack that compromised customer data, though services have remained operational. The mobile network, owned by buyout firms Apax Partners and Warburg Pincus, said Thursday in a statement that it contained …
Via: Claims Journal
Venbrook Group LLC named Awais Farooq chief claims officer. Farooq will oversee the company’s global claims operations. Farooq has nearly two decades of experience in claims. Before working for Venbrook, he was a senior vice president of strategy and transformation …
Via: Claims Journal
Palo Alto Networks opted not to tie China to a global cyberespionage campaign the firm exposed last week over concerns that the cybersecurity company or its clients could face retaliation from Beijing, according to two people familiar with the matter. …
Via: Claims Journal
Diagnosis‑related failures and medical treatment issues continue to drive the majority of cardiology malpractice claims, according to a new analysis. A review of 321 closed cases from 2010 to 2025 by The Doctors Company shows breakdowns in clinical judgment, communication …
Via: Claims Journal
Deutsche Bank AG has settled a lawsuit with Michele Foresti, a former manager who claimed he was wrongfully blamed for the Monte dei Paschi accounting scandal, the first of six similar cases to be resolved. “The parties have now resolved …
Via: Claims Journal
BMW is recalling hundreds of thousands of cars due to a potential fire hazard, the German premium carmaker said on Wednesday. The global recall is affecting a mid-six-figure number of cars, a BMW spokesperson said. Newspaper Bild earlier reported on …
Via: Claims Journal
Climate center scientists are already seeing signs of decreasing strength in warmer ocean water and a weakening in atmospheric changes.
Via: Claims Journal
The U.S. Department of Labor said it has settled with Kaiser Foundation Health Plan to resolve multiple investigations into the company’s practices on mental health and substance use disorder services. The agreement resolves allegations that Kaiser failed to maintain adequate …
Via: Claims Journal
For a few hours on Wednesday, the sleepy airport of El Paso, Texas, became a sudden flashpoint for confusion. Late Tuesday night, the Federal Aviation Administration issued a terse notice to pilots that airspace in the area would close — …
Via: Claims Journal