Industry News
State Farm General said on Monday it is asking the California Department of Insurance to immediately approve interim rate increases, including 22% average for homeowners. The carrier, the state’s top homeowners insurer, is partly blaming the devastating Los Angeles wildfires …
Via: Claims Journal
The U.S. Department of Health & Human Services may seek over $1 billion from Johnson & Johnson as reimbursement for federal health agencies’ payments of medical costs for patients who allege that the company’s baby powder and other talc products …
Via: Claims Journal
British supermarket chain Asda Group Ltd. lost a crucial ruling in its £1.2 billion ($1.5 billion) equal pay dispute as a U.K. court found a number of the jobs done by female employees were of equal value to their male …
Via: Claims Journal
President Donald Trump’s tariffs against Canada and Mexico will threaten production at automakers across North America and send record vehicle prices even higher, with about a quarter of a trillion dollars in trade set to be disrupted. Trump vowed on …
Via: Claims Journal
As governments grapple with what to do about DeepSeek, China’s hot new AI model — including outright bans — the U.K. is issuing a warning to its citizens and business: be careful. “Ultimately it is a personal choice for people, …
Via: Claims Journal
North Carolina officials charged with leading recovery efforts in western North Carolina after Hurricane Helene — as well as parts of eastern North Carolina still struggling from previous hurricanes — told state lawmakers last week that they need more money. …
Via: Claims Journal
Securities litigation risk for U.S. public companies rose by $1 trillion as of the fourth quarter of 2024, a new report shows. SAR, a data analytics company specialized in the securities litigation risk, published its U.S. Securities Litigation Risk Report …
Via: Claims Journal
A proposed class action accusing Microsoft’s LinkedIn of violating the privacy of millions of Premium customers by disclosing their private messages to train generative artificial intelligence models has been dismissed. The plaintiff Alessandro De La Torre on Thursday filed a …
Via: Claims Journal
The estate of one of Superman’s co-creators has filed a copyright lawsuit in a U.S. court against Warner Bros. Discovery ahead of the release of its new movie “Superman,” part of a planned reboot of the DC Comics superhero film …
Via: Claims Journal
The flight path of an Army helicopter before it collided with an American Airlines Group Inc. passenger jet this week above Washington is emerging as a key line of inquiry in the probe of the midair tragedy that killed 67 …
Via: Claims Journal