Industry News
Elon Musk and the company formerly known as Twitter have agreed to resolve a $128 million lawsuit filed last year by former Chief Executive Officer Parag Agrawal and three other top officials who said they were denied severance payments. Terms …
Via: Claims Journal
Engle Martin & Associates, an independent claims management firm based in Atlanta, has acquired Integra Technical Services, an international adjusting firm headquartered in London. Integra, founded in 1998, manages claims in a number of industries, including construction, engineering, energy, manufacturing …
Via: Claims Journal
Federal authorities arrested a 29-year-old man on charges that he intentionally started the blaze that days later became the Palisades Fire, which killed 12 people and destroyed thousands of homes in the Pacific Coast area of Los Angeles. Jonathan Rinderknecht …
Via: Claims Journal
General Motors is scrapping a program aimed at allowing its dealers to continue offering for several months a $7,500 tax credit for electric vehicles following the Sept. 30 expiration of the federal subsidy, the company said Wednesday. Toward the end …
Via: Claims Journal
A cohort of Russian-speaking hackers known as Qilin has claimed responsibility for a ransomware attack that hobbled Asahi Group Holdings Ltd.’s operations for more than a week. The group stole roughly 27 gigabytes of data from Japan’s biggest beer brewer …
Via: Claims Journal
The article kicks off a multipart educational series, “Negotiation Reclaimed,” conceived by Guest Editor Taylor Smith, founder and president of Suite 200 Solutions. Smith introduced the idea in his recent Carrier Management article, “Taking Back Negotiation: Why Claim Professionals Must …
Via: Claims Journal
The tariffs imposed by President Donald Trump continue to impact automobile companies, which are already facing financial strains due to inflation—a trend that has led to more discussions within in the industry on steps to improve profit, stay afloat or …
Via: Claims Journal
Tesla unveiled more affordable versions of its best-selling Model Y SUV and its Model 3 sedan on Tuesday at $39,990 and $36,990, respectively, as the electric-vehicle maker seeks to reverse falling sales and waning market share amid rising competition. Tesla …
Via: Claims Journal
Navarro Jordan ordered his Land Rover Defender in August. On Aug. 15, Jordan, who lives in Los Angeles, got a notification that it had been assembled, and soon after, that it was ready and waiting to be shipped. Then the …
Via: Claims Journal
Chobani urged a federal judge to dismiss a lawsuit by Danone, the parent of rival U.S. yogurt brand Dannon, claiming it copied packaging and the “Bright & Mellow” slogan for a competing line of ready-to-drink cold brew coffee. Danone accused …
Via: Claims Journal