Industry News
Three auto-parts makers are borrowing in the junk-bond market this week, helping to push debt issuance for the car sector and related companies up 6% this year even as rising global tariffs potentially weigh on profits. Parts maker American Axle …
Via: Claims Journal
Via Transportation Inc., the public transit software maker that went public last Friday, will partner with Waymo to launch autonomous shared rides in Arizona this fall. The program will start in Chandler, whose existing Flex service lets the public book …
Via: Claims Journal
Aon plc launched Specialist Claims Solutions, an end-to-end service across the claims process, including leakage diagnostics, claims administration/run-off services, debt recovery and commutations and inwards claims handling support. Aon has also formed a collaboration with ARMStrong Insurance Services, a provider …
Via: Claims Journal
The U.S. Justice Department accused a British teenager on Thursday of engaging in a yearslong spree of cyberattacks that targeted 47 American organizations and netted more than $100 million in ransom payments. Thalha Jubair, 19, from London, participated in a …
Via: Claims Journal
The U.S. Federal Trade Commission and seven states sued Live Nation Entertainment Inc. and its Ticketmaster subsidiary for failing to stem the use of automated ticketing bots and large-scale resale operations. The consumer protection agency said the nation’s largest ticketing …
Via: Claims Journal
The families of four passengers killed in the June 12 crash of an Air India Boeing 787 said in a lawsuit that the accident resulted from allegedly faulty fuel switches, which the U.S. Federal Aviation Administration has said do not …
Via: Claims Journal
The U.S. securities regulator on Wednesday said it would allow companies seeking to go public to require that investors resolve claims of fraud or other false statements through arbitration rather than court litigation, handing a victory to companies and weakening …
Via: Claims Journal
As back-to-back Hurricanes Helene and Milton sparked a torrent of online conspiracies, FEMA officials faced harassment and death threats, according to hundreds of pages of agency emails and other documents.
Via: Claims Journal
Tesla Inc. is working on a redesign of its door handles, which have drawn scrutiny over safety incidents that trapped passengers inside their vehicles. Franz von Holzhausen, Tesla’s longtime design chief, said the company is looking to combine the electronic …
Via: Claims Journal
A Ford, Ram and Jeep are the most cloned vehicles in Canada, a new report shows. Fords dominated a list of the 10 most VIN-cloned vehicles in Canada, according to a report out this week from CARFAX Canada. Six vehicles …
Via: Claims Journal