Industry News
Blowback to President Donald Trump’s idea of tariffs on imported semiconductors is proving to be broad and deep, stretching from auto companies and boat makers to the technology industry and crypto enthusiasts, according to a review of more than 150 …
Via: Claims Journal
A man won $11 million in a lawsuit against police after his conviction for killing a Missouri newspaper’s sports editor was overturned, but the city’s former insurer resisted paying most of it for almost three years. A Missouri judge this …
Via: Claims Journal
Data storage provider Western Digital has convinced a California federal judge to reduce a $552.7 million award against it in a patent dispute over data encryption to just $1, according to a court order made public on Monday. U.S. District …
Via: Claims Journal
Tesla Inc.’s self-driving taxis appeared to violate traffic laws during the company’s first day offering paid rides, with one customer capturing footage of a left turn gone wrong and others traveling in cars that exceeded posted speed limits. In a …
Via: Claims Journal
An analysis of mergers and acquisitions claims payouts from Aon shows more than $300 million representations and warranties claims were paid in 2024, the highest recorded in a single year. Aon plc on Tuesday released the latest edition of its …
Via: Claims Journal
Maria Weston Kuhn had one lingering question about the car crash that forced her to have emergency surgery during a vacation in Ireland: Why did she and her mother sustain serious injuries while her father and brother, who sat in …
Via: Claims Journal
Watch out, insurance industry. A well-known cybercrime group appears to have shifted focus to insurers. Apparently, recent cybersecurity incidents at Erie Insurance, Philadelphia Insurance Cos., and most recently Aflac are indicative of a trend. The largely decentralized hacking group known …
Via: Claims Journal
Pine Claims Solutions Inc. launched an independent adjusting firm focused on property field claims. The company’s platform integrates core technologies like AI triage, real-time status dashboards and performance-based adjuster incentives aimed at claims handling while supporting field staff. Pine said …
Via: Claims Journal
Ford Motor Co. is recalling nearly 200,000 electric Mustangs because the door latches could falter, potentially trapping passengers in the back seat. The National Highway Traffic Safety Administration said Dearborn, Michigan-based Ford is recalling 197,432 Mustang Mach E midsize SUVs, …
Via: Claims Journal
Blistering heat is straining power grids across the eastern half of the U.S., leading to a blackout in part of New York City's borough of Queens.
Via: Claims Journal