Industry News
SiriusPoint named David Turner global head of claims. The appointment is effective Oct. 7. Turner is based in London, and he will lead the global claims function and oversee teams across London and New York, reporting to CEO Scott Egan. …
Via: Claims Journal
ACE American Insurance Co. is suing to recover $500,000 it paid in ransomware damages for a staffing company, claiming cloud computing and cybersecurity firms contracted by its policyholder should instead be held responsible due to their alleged negligence. The insurer …
Via: Claims Journal
California will not backfill a $7,500 federal tax credit for buyers of electric vehicles that is set to expire this month, Gov. Gavin Newsom said on Friday, reversing an earlier pledge to restart the state’s own EV subsidies. “We can’t …
Via: Claims Journal
Starbucks workers in three states took legal action against the coffee giant, saying it violated the law when it changed its dress code but refused to reimburse employees who had to buy new clothes. The employees, who are backed by …
Via: Claims Journal
The U.S. auto safety regulator said on Friday it will delay changes to the five-star safety rating program that helps consumers make better car buying decisions after automakers sought more time. Last year, the National Highway Traffic Safety Administration said …
Via: Claims Journal
A U.S. judge in Florida for now tossed out President Donald Trump’s $15 billion defamation lawsuit against the New York Times days after it was filed, finding the president’s lawyers failed to follow court rules requiring “short, plain, direct” claims. …
Via: Claims Journal
Southern California Edison has reached a settlement agreement with several intervenors to allow the utility to recover about $2 billion of $5.6 billion in losses tied to the 2017–2018 wildfire and mudslide events. Out of the $2 billion, about $1.6 …
Via: Claims Journal
Xiaomi Corp. will deploy an over-the-air software fix to rectify a problem in its advanced driver-assistance technology installed in almost 40% of the SU7 electric sedans it's sold.
Via: Claims Journal
Capital One settled a lawsuit by social media creators who said a free browser extension used by millions of people to find discounts stole their sales commissions when shoppers bought their products and services. The sixth-largest U.S. commercial bank and …
Via: Claims Journal
Lyft has paid $19.4 million to New Jersey after an audit found the ride-sharing company improperly classified more than 100,000 drivers as independent contractors, state officials said on Thursday. Officials including state Attorney General Matthew Platkin said Lyft made the …
Via: Claims Journal