Monthly Archives: <span>June 2024</span>

Toyota to Recall 100,000 U.S. Vehicles Over Potential Engine Stall

Toyota will recall over 100,000 SUVs and pickup trucks in the U.S. over debris in the engine potentially causing it to stall, the National Highway Traffic Safety Administration (NHTSA) said on Tuesday. The recall includes some Toyota Tundra pickup trucks …

J&J Must Pay $260 Million in Latest Talc Trial

Johnson & Johnson must pay $260 million to an Oregon woman who said she got mesothelioma, a deadly cancer linked to asbestos exposure, from inhaling the company’s talc powder, a jury found on Monday. The verdict in the 4th Judicial …

U.S. Investigates Nissan Vehicles After Air Bag Deployments

U.S. auto safety regulators said Monday they have opened a probe into nearly 75,000 Nissan 7201.T vehicles over reports of unintended deployments of side airbags. The National Highway Traffic Safety Administration probe covers 2015 model year Rogue Select vehicles after …

Oregon Utility Regulator Rejects PacifiCorp Request to Limit Liability in Wildfire Suits

Oregon utility regulators have rejected a request from PacifiCorp that sought to limit its liability in wildfire lawsuits. Under the proposal, PacifiCorp would only have been responsible for paying out actual economic damages in lawsuit awards. The company submitted the …

Families of Those Who Died in Boeing Crashes Press Justice Department to Prosecute Company

Relatives of passengers who died in two jetliner crashes pushed federal officials to prosecute Boeing on criminal charges related to the accidents no later than this fall but said they got no commitment from the Justice Department. The Justice Department …

How AI Can Reshape Claims Management

How can artificial intelligence change property/casualty insurance claim processing? Two industry experts answered that question from a few angles during Carrier Management’s annual InsurTech Summit. Frank Giaoui, founder and CEO of Optimalex Solutions, and Shane Riedman, general manager and vice …

Delaware Judge Lets More Than 70,000 Zantac Lawsuits Go Forward

A Delaware judge has allowed more than 70,000 lawsuits over discontinued heartburn drug Zantac to go forward, ruling that expert witnesses can testify in court that the drug may cause cancer. The ruling on Friday by Judge Vivian Medinilla of …

Ford Says Drivers Will Be Able to Take Their Eyes Off the Road in Two Years

Ford Motor Co. is just two years away from offering technology that will allow drivers to take their eyes off the road and their hands off the wheel, according to Chief Executive Officer Jim Farley. “We’re getting really close,” Farley …

Kansas Storm Claims Totaled $442 Million in 2023

Kansas storm claims totaled nearly half a billion dollars in 2023. According to numbers shared by the state’s department of insurance, 147,710 claims totaling $442.8 million were paid last year. The Kansas Department of Insurance collected this data from all …

Live Nation Probing Ticketmaster Hack Amid User Data Leak Concerns

Live Nation Entertainment said on Friday it was investigating a data breach at its Ticketmaster unit that it discovered on May 20, the latest in a string of high-profile corporate hacks in the past year. In a filing with the …