Industry News
The world’s largest aircraft lessor AerCap can recover over $1 billion in relation to jets stuck in Russia since the invasion of Ukraine, London’s High Court ruled on Wednesday, though that is less than the roughly $2 billion it sought. …
Via: Claims Journal
“It’s Now a Buyer’s Market for Auto Insurance, J.D. Power Finds.” That headline on top of an announcement about the release of the J.D. Power 2025 U.S. Auto Insurance Study this week summed up a key takeaway of the customer …
Via: Claims Journal
Some Florida policyholders and their attorneys have long complained about real or perceived delays in the claims-handling process after a loss. A Florida appeals court ruled last week that telling a jury about those delays may be prejudicial and out …
Via: Claims Journal
The Trump administration is increasingly skipping a form of federal disaster aid that helps states better prepare for future storms, flooding and wildfires. The Federal Emergency Management Agency rejected requests for such resiliency money, known as Hazard Mitigation Grant Program …
Via: Claims Journal
Walt Disney Co. and Comcast Corp. teamed up to sue Midjourney Inc., accusing the startup of copyright infringement in the latest sign of tension between major media companies and a new crop of artificial intelligence businesses. Midjourney, which launched publicly …
Via: Claims Journal
Uber Technologies Inc. sued a group of lawyers, medical providers and rideshare drivers it claims staged car accidents, manufactured damages and received unnecessary medical procedures to take advantage of insurance policies in Florida, costing the rideshare giant “several million dollars” …
Via: Claims Journal
United Natural Foods, a distributor for Whole Foods Market, is working to bring systems back online and resume product deliveries after a cyberattack disrupted operations, leaving some store shelves barren.
Via: Claims Journal
A judge approved a deal to try to solve a major buzzkill: Employees at a Michigan marijuana dispensary chain said management was keeping tips left by happy customers. Timber Cannabis, which has seven locations, agreed to pay $205,000 to settle …
Via: Claims Journal
Chinese electric-vehicle makers led by BYD beat Tesla in the competition to produce affordable electric vehicles. Now, many of those same fierce competitors are pulling into the passing lane in the global race to produce self-driving cars. BYD shook up …
Via: Claims Journal
Tom Bodett, known for his radio and TV ads telling travelers that at Motel 6 “we’ll leave the light on for you,” has sued the motel chain for using his name and voice without permission, after their nearly four-decade relationship …
Via: Claims Journal