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Claims Journal

@cjournal

News, trends, and analysis for the property/casualty claims industry.

ID: 15310803

linkhttp://www.claimsjournal.com calendar_today03-07-2008 18:00:08

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Liberty Mutual will give up $4.7 million in profit to settle a U.S. criminal bribery probe into an Indian subsidiary, in the Department of Justice’s first public enforcement action of a federal anti-bribery law it resumed enforcing in June. champ.ly/yQ7aZcpf

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Ford is recalling more than 103,000 F-150 pickup trucks in the U.S. over axle bolts that may break and result in vehicle rollaways or a loss of drive power, the U.S. National Highway Traffic Safety Administration said on Tuesday. champ.ly/mOPOjgAL

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Top U.S. chip-equipment supplier Applied Materials was sued by a rival in China over alleged trade secret theft, an escalation in the tech war between the world's two largest economies. claimsjournal.com/news/national/…

Top U.S. chip-equipment supplier Applied Materials was sued by a rival in China over alleged trade secret theft, an escalation in the tech war between the world's two largest economies.     claimsjournal.com/news/national/…
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Zelle was sued on Wednesday by New York Attorney General Letitia James, who said the electronic payment platform’s refusal to adopt critical safety features enabled fraudsters to steal more than $1... claimsjournal.com/news/national/…

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The Trump administration is proposing nearly $1 billion in funding to speed the development of U.S. critical minerals and materials, used in everything from electric vehicle batteries to semiconductors, the... claimsjournal.com/news/national/…

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European shipbuilder Fincantieri sued Owens Corning for fraud, accusing one of the largest global suppliers of fiberglass insulation of selling faulty fire-resisting panels, resulting in costly repairs and the... claimsjournal.com/news/national/…

European shipbuilder Fincantieri sued Owens Corning for fraud, accusing one of the largest global suppliers of fiberglass insulation of selling faulty fire-resisting panels, resulting in costly repairs and the... claimsjournal.com/news/national/…
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“Are you being serious?” Christopher Swift, chair and chief executive officer of The Hartford, was taken aback by a question from an analyst during the company’s second-quarter earnings call... claimsjournal.com/news/national/…

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Forty-one former employees of Fannie Mae on Wednesday sued the company, its chief executive and Federal Housing Finance Agency Director Bill Pulte for alleged defamation related to their dismissals in April.... claimsjournal.com/news/national/…

Forty-one former employees of Fannie Mae on Wednesday sued the company, its chief executive and Federal Housing Finance Agency Director Bill Pulte for alleged defamation related to their dismissals in April.... claimsjournal.com/news/national/…
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Tesla Inc. is looking to hire someone to test its driver-assistance technology on the streets of New York City, suggesting the carmaker could be looking to expand its ride-hailing services to the largest U.S.... claimsjournal.com/news/national/…

Tesla Inc. is looking to hire someone to test its driver-assistance technology on the streets of New York City, suggesting the carmaker could be looking to expand its ride-hailing services to the largest U.S.... claimsjournal.com/news/national/…
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Despite allegations of fraud and padding of premiums, neither a Miami-based cargo insurance broker nor a Lloyd’s coverholder can be asked to pay punitive damages in a breach-of-contract dispute, a... claimsjournal.com/news/national/…

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The world may be about to shift into a La Niña weather pattern, a development that would increase the risk of storms in the Atlantic as the height of hurricane season approaches there. Forecasters at the U.S.... claimsjournal.com/news/national/…

The world may be about to shift into a La Niña weather pattern, a development that would increase the risk of storms in the Atlantic as the height of hurricane season approaches there. Forecasters at the U.S.... claimsjournal.com/news/national/…
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Insurance broker Aon Plc was accused in a civil lawsuit of helping cause the collapse of Vesttoo Ltd., an Israeli insurance startup once valued at $1 billion that went bankrupt after disclosing certain... claimsjournal.com/news/national/…

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A fire at Japanese industrial gas maker Kanto Denka Kogyo Co.’s factory is spurring concerns about possible disruptions to the semiconductor supply chain. Last week, a fire broke out at Samsung... claimsjournal.com/news/national/…

A fire at Japanese industrial gas maker Kanto Denka Kogyo Co.’s factory is spurring concerns about possible disruptions to the semiconductor supply chain. Last week, a fire broke out at Samsung... claimsjournal.com/news/national/…
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The frequency and intensity of natural disasters have increased dramatically over the past decade driven by the effects of climate change—from unprecedented flooding to devastating wildfires—and these... claimsjournal.com/news/national/…

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The Boar’s Head deli meat plant at the heart of last year’s deadly food poisoning outbreak is set to reopen in the coming months, company officials said. But recent inspections at Boar’s Head... claimsjournal.com/news/national/…

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Nedra Sims Fears still remembers the night years ago when her family home in Chicago flooded, sparking an electrical fire. Her father woke her up and rushed her outside into the pouring rain as smoke filled... claimsjournal.com/news/national/…

Nedra Sims Fears still remembers the night years ago when her family home in Chicago flooded, sparking an electrical fire. Her father woke her up and rushed her outside into the pouring rain as smoke filled... claimsjournal.com/news/national/…
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South Korea’s Supreme Court rejected a 30 million won ($21,600) damage claim by an American composer who accused a South Korean kids content company of plagiarizing his version of “Baby... claimsjournal.com/news/national/…

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U.S. retail sales increased solidly in July, supported by strong demand for motor vehicles as well as promotions by Amazon.com and Walmart, though a softening labor market and higher goods prices could curb consumer spending growth in the third quarter.......

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A divided federal appeals court on Friday cleared U.S. President Donald Trump to resume mass firings at the Consumer Financial Protection Bureau, ruling that a lower court had lacked jurisdiction in... claimsjournal.com/news/national/…

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The Alabama Department of Insurance wants new data on how liability coverage affects insurance claims costs. In a bulletin posted Thursday, Commissioner Mark Fowler said the department has issued a data call to carriers of personal and commercial auto, personal and commercial