Claims / Legal
Satellite Crash Will Send Space Insurance Costs Rocketing
Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which hit insurers with a record space market loss of 369 million euros ($411.21 ...
How AI Advances ‘No-Touch’ Resolution of Workers Compensation Claims: Opinion
Many human hours are needed to sort, analyze and process workers compensation claims—the vast majority of which are low in value. The U.S. workers comp insurance market is forecast to earn revenues ...
J&J Fights to Keep Lawsuit in Play Designed to Force Baby Powder Cancer Warning
Johnson & Johnson wants its day in court to fight a lawsuit intended to force it to put a cancer warning on the company's Baby Powder. So, it's urging a judge not to let a law firm that's been ...
Capital One Hammered by Massive Hack Attack Affecting 100 Million Individuals
Capital One Financial Corp said on Monday that personal information including names and addresses of about 100 million individuals in the United States and 6 million people in Canada were obtained by ...
Insurers Urged to Show Caution When They Pursue Recovery of Paradigm Fees
Paradigm Catastrophic Care Management offers what insurers crave: certainty in medical costs for workers compensation claims filed by catastrophically injured workers. For a set fee, the California ...
Insurers Propose Their Own Plan for PG&E Bankruptcy Reorganization
Insurance companies contending that Pacific Gas & Electric owes them more than $20 billion from wildfire claims want to take over the California utility and pull it out of bankruptcy. The ...
U.S. Judge Slashes $2B Roundup Verdict Against Bayer to $86M
A California judge on Thursday reduced a $2 billion jury verdict, slashing the award for a couple who blamed Bayer AG's glyphosate-based weed killer, Roundup, for their cancer to $86.7 million. ...
GM’s Self-Driving Unit Delays Robotaxi Rollout Plans
General Motors Co.'s self-driving unit is backing off plans to deploy robotaxis by the end of this year, the latest indication of how auto and tech companies are struggling with the challenges of ...