Claims / Legal
Accident Excuse for Google Self-Driving Car: Bus Didn’t Move Out of the Way
Alphabet Inc.'s Google said on Monday it bears "some responsibility" after one of its self-driving cars struck a municipal bus in a minor crash earlier this month. The crash may be the first case of ...
Massive Calif. Methane Leak Ranks as Largest U.S. Event of Its Kind
The months-long natural gas leak that forced thousands of Los Angeles residents from their homes ranks as the largest known accidental methane release in U.S. history, equal to the annual greenhouse ...
Nissan Disables Leaf Electric Car App After Hacking Risk Exposed
Nissan Motor Co. disabled a mobile application for controlling its Leaf electric car after a security researcher demonstrated how hackers could access temperature controls and other functions from ...
AIG: Post-Merger Problems Driving M&A Coverage Claims
Nearly 14 percent of the M&A policies that American International Group wrote globally between 2011 and 2014 resulted in a claim, the insurer reported last week. The period studied covered more ...
P/C Claims Customer Satisfaction Dips for First Time in 5 Years: J.D. Power
Customer satisfaction with property insurance claims dipped for the first time in five years. The reason why: Carriers appear to be cutting service to reduce expenses in a toughening market cycle, ...
Wal-Mart Sued, Accused of Selling ‘Pure’ Parmesan Cheese with Wood Pulp Filler
Wal-Mart Stores Inc. was accused in a lawsuit of defrauding customers by selling Parmesan cheese touted as pure that contained wood pulp as filler. The world's largest retailer stocked its New York ...
J&J Must Pay $72M for Cancer Death Linked to Talcum Powder
Johnson & Johnson was ordered by a Missouri state jury to pay $72 million of damages to the family of a woman whose death from ovarian cancer was linked to her use of the company's talc-based ...
American Modern to Pull Out of Lender-Placed Insurance
American Modern Insurance Group plans to get out of the lender-placed insurance business, with a wind-down of the division set to take place over the next two years. The Ohio-based residential ...