Archive for September 2025
SEC Hands Victory to IPO Issuers Who Want to Avoid Class-Action Suits
The U.S. securities regulator on Wednesday said it would allow companies seeking to go public to require that investors resolve claims of fraud or other false statements through arbitration rather than court litigation, handing a victory to companies and weakening … Source: Claims Journal
Read MoreChaos Inside FEMA as Death Threats Distract From Hurricane Response
As a major storm rushed toward Florida last October, the head of the Federal Emergency Management Agency at the time faced a different kind of threat. Police had shown up in force to a rental property she owned as a … Source: Claims Journal
Read MoreTesla Is Redesigning Door Handles That Drew Safety Scrutiny
Tesla Inc. is working on a redesign of its door handles, which have drawn scrutiny over safety incidents that trapped passengers inside their vehicles. Franz von Holzhausen, Tesla’s longtime design chief, said the company is looking to combine the electronic … Source: Claims Journal
Read MoreNICB: Vehicle Thefts in First Half Down 23% From Last Year
U.S. vehicle thefts fell 23% in the first six months of 2025 from the first half of last year, a report out Wednesday from the National Insurance Crime Bureau shows. There were 334,114 vehicle thefts reported in the first half … Source: Claims Journal
Read MoreFords Dominate List of Most VIN-Cloned Vehicles in Canada
A Ford, Ram and Jeep are the most cloned vehicles in Canada, a new report shows. Fords dominated a list of the 10 most VIN-cloned vehicles in Canada, according to a report out this week from CARFAX Canada. Six vehicles … Source: Claims Journal
Read MoreVenbrook and Cognizant Partner on Claims Processing Service for Carriers
Venbrook Group LLC and Cognizant entered into an insurance claims processing services agreement and partnership the companies say will improve the property/casualty claims process lifecycle, create efficiencies and reduce costs for insurance carriers. The collaboration with Venbrook, a P/C claims … Source: Claims Journal
Read MoreCitizens No Longer Winning Most Arbitration Cases. They’re Settling for Next to Nil
Pressure may be mounting on Florida’s Citizens Property Insurance Corp. to reduce its use of state-agency arbitration for claims disputes, following new class-action lawsuits, court rulings and national news reports suggesting the alternative dispute resolution avenue is proving to be … Source: Claims Journal
Read MoreDemocratic Lawmakers Urge Trump to Drop Plan to Kill Vehicle Emission Limits
More than 100 Democratic lawmakers in the U.S. House of Representatives on Wednesday urged the Trump administration to abandon plans to repeal vehicle emission rules. In a letter seen by Reuters, 102 lawmakers led by Representative Doris Matsui called on … Source: Claims Journal
Read MoreMicrosoft Seizes 340 Websites Linked to Growing Phishing Subscription Service
Microsoft Inc. said on Tuesday that it seized nearly 340 websites tied to a rapidly growing Nigerian-based service that allowed users to carry out phishing operations that stole at least 5,000 Microsoft user credentials. Microsoft obtained an order from the … Source: Claims Journal
Read MoreRyze Claim Solutions Names Leddy CEO
Ryze Claim Solutions has Walter Leddy CEO. Leddy will focus on expanding the company’s service offerings and investing in technology and innovation. He will also pursue strategic acquisitions and AI-enabled tools to grow the company’s insurance business. Leddy has more … Source: Claims Journal
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