Industry News
Colorado State University’s hurricane research team, perhaps the best-known and most-often quoted forecasting service, last week revised its prediction for the 2025 Atlantic hurricane season downward slightly – to eight hurricanes, three of them major. That’s almost in line with …
Via: Claims Journal
General Motors said on Tuesday it will move production of the Cadillac Escalade to a Michigan assembly plant, while adding new capacity for gas-powered Chevrolet Silverado and GMC Sierra light-duty pickups at the same facility. The production shifts are part …
Via: Claims Journal
The best way to tell that the California homeowners insurance market has been a bear is to see where buyers facing higher rates and lack of options in traditional markets are going for alternatives. One choice is the surplus lines …
Via: Claims Journal
The European Union has finalized a second list of countermeasures to target U.S. goods worth €72 billion ($84 billion), including Boeing Co. aircraft, automobiles and bourbon if it decides to retaliate against Donald Trump’s tariff policy. Trump on Monday said …
Via: Claims Journal
ViacomCBS investors who sued Morgan Stanley, Goldman Sachs Group Inc. and Wells Fargo after Archegos Capital Management's collapse want a judge to OK a $120 million settlement with the banks.
Via: Claims Journal
The U.S. National Highway Traffic Safety Administration said had opened a recall query covering 27,816 of Sweden-based EV maker Polestar’s Polestar 2 vehicles over a loss of rear-view camera image. A recall query is an investigation opened by safety regulators …
Via: Claims Journal
Diageo filed an initial response to a lawsuit accusing the spirits giant of misleading U.S. consumers about the purity of some of its popular tequila brands, calling the claim “baseless.” The company, which also owns whisky brands such as Johnnie …
Via: Claims Journal
Claims services provider McLarens named Danny Miller chief global strategy officer, a newly created role within the firm’s global management team. Miller will report to CEO Gary Brown. As CGSO, he will focus on long-term strategic planning, evaluation of merger …
Via: Claims Journal
Mark Zuckerberg is expected to appear as a star witness in an unusual $8 billion trial that kicks off this week at which the Meta CEO is accused of operating Facebook as an illegal enterprise that allowed users’ data to …
Via: Claims Journal
A tropical rainstorm is expected to bring flooding to the Florida Peninsula on Tuesday before making its way across the Gulf Coast and into Louisiana later in the week. The Florida Peninsula, coastal Alabama and Mississippi and southeastern Louisiana could …
Via: Claims Journal