Claims / Legal
Wall Street Brokers Start Trading Insurer Claims From LA Fires
Wall Street brokers have started selling insurers' claims tied to Los Angeles' deadly wildfires, which may trigger a payout from the utilities blamed for the destruction, according to people familiar ...
Faulty Panel, Not Software, Prompts Tesla Recall of Most Cybertrucks
Tesla is recalling nearly all Cybertrucks in the United States to fix an exterior panel that could detach while driving, the company said on Thursday, the latest in a series of ...
As Chips Race Spews ‘Forever Chemicals,’ Startups Emerge to Destroy Them
The battle for artificial intelligence supremacy hinges on microchips. But the semiconductor sector that produces them has a dirty secret: It's a major source of chemicals linked to cancer and other ...
Hyundai, Kia’s Anti-Theft Measures Fuel Steep Dip in U.S. Vehicle Thefts
Vehicle thefts in the United States recorded their biggest yearly drop in four decades as automakers, mainly Hyundai and Kia, bolstered anti-theft measures, while easing supply ...
Customers Not Happy With Carrier Property Claims Service
Higher premiums and longer wait times make property owners less satisfied with their insurers. These not-very-surprising results from J.D. Power's 2025 U.S. Property Claims Satisfaction Study align ...
Contractors Insurance Alert: Construction Defect Lawsuits Rising
A new report identifying commercial litigation waves likely to pick up steam in 2025 highlights one particular theme that could further lengthen the tail of general liability claims for insurers ...
Loss Uncertainty High Amid ‘Rapid Softening’: Liberty Mutual Exec
Using terminology that's more common among weather forecasters and catastrophe event modelers, a commercial lines insurance executive described an increasingly uncertain risk landscape uncomfortably ...
Despite Higher Insurance Costs, Risks, EVs Are Set to Dominate Roads in 2025
More car buyers are leaning toward purchasing an electric vehicle over a gas powered one, with 64 percent of consumers expected to choose an EV for their next vehicle, according to a report published ...