Archive for March 2026
Prices for New Cars Have Soared. Here’s One Big Reason Why.
The U.S. car business is grappling with a stubborn affordability problem, one that threatens to relegate more Americans to the used-car lot and leave automakers vulnerable to lower-priced rivals. Lawmakers have framed the issue around partisan lines. U.S. President Donald … Source: Claims Journal
Read More‘Nation’s First’ Smoke Damage Standards Bill Making Its Way Through California Legislature
A bill to create a statewide framework for handling wildfire smoke damage insurance claims is now making its way through California Legislature. The Smoke Damage Recovery Act, which primary backer Insurance Commissioner Ricardo Lara said stems from the recovery process … Source: Claims Journal
Read MoreEncyclopedia Britannica Sues OpenAI Over AI Training
Encyclopedia Britannica and its Merriam-Webster subsidiary have sued OpenAI in Manhattan federal court for allegedly misusing their reference materials to train its artificial intelligence models. Britannica said in the complaint filed on Friday that Microsoft-backed OpenAI used its online articles … Source: Claims Journal
Read MoreGulf Importers Race to Reroute as Hormuz Closure Jolts Supply Chains
Importers across the Gulf are scrambling to secure alternative routes for vital goods – from food to medicines and factory supplies – as the effective closure of the Hormuz strait blocks ports in an import-dependent region. The halt to commercial … Source: Claims Journal
Read MoreBBC Asks Judge to Dismiss Trump $10 Billion Defamation Suit
The British Broadcasting Corp. asked a judge to toss out President Donald Trump’s $10 billion lawsuit over a misleading edit of his speech before the Jan. 6, 2021 assault on the Capitol, arguing the case will chill free speech and … Source: Claims Journal
Read MoreStudy Shows Consumer Willingness to Edit Claim Images
A surprisingly large share of consumers are willing to digitally alter claim photos or documents, a new survey shows. More than one-third (36%) said they would consider making an edit, with younger adults leading the way— 55% of Gen Z … Source: Claims Journal
Read MoreBofA Agrees to Settle Claims It Aided Epstein Sex Crimes
Bank of America Corp. has reached an agreement in principle to settle a proposed class action lawsuit on behalf of Jeffrey Epstein victims who accused the bank of aiding in the deceased financier’s sex-trafficking, according to a court record. The … Source: Claims Journal
Read MoreEven Low-Risk Homes Are Caught Up in California’s Climate Insurance Crisis
As another wildfire season looms, insurance companies have abandoned some California neighborhoods at lower risk of burning, forcing tens of thousands of homeowners to obtain bare-bones coverage from the state’s insurer of last resort. California intended the insurer, called the … Source: Claims Journal
Read MoreWild Weather Halts Flights, Dumps Snow and Knocks Out Power
Blizzards, wildfires and thunderstorms swirling toward the eastern U.S. have knocked out power to thousands and grounded hundreds of flights across the Midwest. Heavy snow touched off blizzard warnings from South Dakota to Michigan’s Upper Peninsula on Sunday, the National … Source: Claims Journal
Read MoreLucid Unveils Steering Wheel-Free Robotaxi Concept, Taking Aim at Tesla’s Cybercab
Lucid unveiled a two-seater robotaxi concept without steering wheel and pedals, and launched new self-driving tech subscriptions, as the electric-vehicle maker laid out its roadmap for the technologies at an investor day event on Thursday. The unveiling deepens Lucid’s push … Source: Claims Journal
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