Industry News
Carmakers including Ford and Hyundai saw a surge in new electric vehicle sales this past quarter, giving the industry a boost despite ongoing uncertainty from President Trump’s shifting trade policies.
Via: Claims Journal
Uber is not liable for the sexual assault of a woman who said she was attacked by her driver on a ride she ordered from the ridesharing app, a California jury said on Tuesday, according to an attorney for the …
Via: Claims Journal
Zillow allegedly paid Redfin $100 million to stop competing against it in online apartment rental listings, the U.S. Federal Trade Commission said in a lawsuit on Tuesday against the online real estate platforms. The agency said the alleged deal reduces …
Via: Claims Journal
The exponential growth of liability claims costs and social inflation in the United States, in part, is being driven by changing juror sentiment and shifts in societal norms, according to analysis from Swiss Re. “Liability claims costs in the United …
Via: Claims Journal
Amazon.com won the dismissal on Tuesday of a lawsuit accusing the online retailer of discriminating against a Black former employee by reducing her duties and putting her on a performance improvement plan. U.S. District Judge Arun Subramanian in Manhattan said …
Via: Claims Journal
Unless Congress reaches a compromise on funding by midnight, there will be no budget and the government will shut down—sending out waves of implications that will disrupt the insurance industry, according to AM Best. “The potential government shutdown coincides with …
Via: Claims Journal
Ford Motor Co.’s leader warned of a bleak outlook for electric vehicles as President Donald Trump’s policies breathe new life into gas-powered cars. The elimination of a $7,500 consumer tax credit and softening of emissions rules will sharply curtail EV …
Via: Claims Journal
A hacker gained access to the FEMA’s computer networks for several months earlier this year and stole information about the agency and U.S. Customs and Border Protection employees.
Via: Claims Journal
Suspected Chinese hackers have breached email servers of foreign ministers as part of a years-long effort targeting the communications of diplomats around the world, according to researchers at the cybersecurity firm Palo Alto Networks Inc. Attackers accessed Microsoft Exchange email …
Via: Claims Journal
A public adjuster who pleaded guilty in March to defrauding Brotherhood Mutual Insurance Co. and a Georgia church out of millions of dollars has been sentenced to 19 years in prison. A federal judge in Georgia last week also ordered …
Via: Claims Journal