Archive for September 2024

Tesla Inc. won dismissal of a shareholder lawsuit alleging misleading statements about self-driving capabilities propped up its stock price, though the company still faces numerous other complaints and regulatory investigations of its marketing. Tesla Chief Executive Officer Elon Musk declared … Source: Claims Journal

Hurricane Helene has halted chicken processing plants and caused severe damage to some flocks, while also downing pecan trees and flattening cotton crops, as floodwaters swamped the southern U.S. Every commodity was impacted, with cotton, pecans, poultry and timber the … Source: Claims Journal

AccuWeather increased its estimate of the total damage and economic loss from Hurricane Helene to between $145 billion and $160 billion. This update is an increase from AccuWeather’s preliminary estimate late last week of total damage and economic loss of … Source: Claims Journal

Key industry and government officials are urging U.S. dockworkers and their employers to avoid a strike at East and Gulf coast ports this week, though many facilities are already bracing for a shutdown. “We are coordinating with partners across the … Source: Claims Journal

“Fortnite” video game maker Epic Games on Monday accused Alphabet’s Google and Samsung, the world’s largest Android phone manufacturer, of conspiring to protect Google’s Play store from competition. Epic filed a lawsuit in U.S. federal court in California alleging that … Source: Claims Journal

A Missouri mother and her lawyers this week will aim to convince a jury that Abbott, Reckitt’s Mead Johnson and St. Louis Children’s Hospital are responsible for a severe intestinal illness that she says her premature son got from the … Source: Claims Journal

Globe Life may face a lawsuit from the Equal Employment Opportunity Commission (EEOC) over alleged discrimination against six of its sales agents, the insurer disclosed in a regulatory filing on Friday. The EEOC, a federal body responsible for enforcing laws … Source: Claims Journal

With restaurant sales projected to top $1 trillion and reach record-breaking heights this year, a California-based insurance technology company versed in the space recently analyzed data from more than 30,000 small business restaurant owners across the U.S. to determine the … Source: Claims Journal

A significant percentage of U.K. claim handlers believe that up to a quarter of claims filed involve fake supporting documents doctored by Artificial intelligence, a new survey shows. A survey in the U.K. from automation company Sprout.ai shows 19% of … Source: Claims Journal

Tropical Storm Helene is triggering dangerous rain and flooding across the US South, where it has killed at least six people and cut power to over 4 million customers after coming ashore in Florida as a major hurricane. More than … Source: Claims Journal