Archive for September 2026

The insurance industry should be prepared to withstand $171 billion in insured catastrophe losses, on average in a given year, up $19 billion from a year ago, according to Verisk. In its highest estimate reported to date, the data analytics … Source: Claims Journal

The California Assembly adjourned without passing a revamp of the state’s wildfire response, sending up shares in two key power utilities, PG&E Corp. and Edison International. The deal fell apart Tuesday as lawmakers prepared to leave the state capitol. Major … Source: Claims Journal

Chinese consumer electronics company TCL has sued South Korea’s Samsung in Los Angeles federal court, accusing its rival of falsely advertising some televisions as using “Mini LED” technology. The lawsuit, filed on Monday, alleges Samsung falsely marketed its M Model … Source: Claims Journal

Apple Inc. escalated its legal battle against OpenAI, claiming in a court filing that OpenAI is actively destroying crucial evidence and that former iPhone engineer Chang Liu “not only downloaded a confidential Apple circuit schematic but also used it in … Source: Claims Journal

Ford Motor is recalling 148,663 vehicles in the U.S. due to a loss of driver power and loss of headlight function or windshield washing system function, which can reduce visibility, the U.S. National Highway Traffic Safety Administration said on Tuesday. … Source: Claims Journal

Japanese automakers Nissan and Honda said on Monday they would jointly develop standardized electronic control units (ECUs) for software-defined vehicles (SDVs), deepening their collaboration on more advanced car technology. The companies plan to introduce an architecture incorporating the jointly developed … Source: Claims Journal

Japanese automakers Nissan and Honda said on Monday they would jointly develop standardized electronic control units (ECUs) for software-defined vehicles (SDVs), deepening their collaboration on more advanced car technology. The companies plan to introduce an architecture incorporating the jointly developed … Source: Claims Journal

The U.S. Federal Trade Commission and a group of US states sued Amazon.com Inc. over claims the e-commerce giant systematically overcharged advertisers by more than $20 billion since 2019. The complaint filed Monday in Seattle federal court alleges Amazon ultimately … Source: Claims Journal

The U.S. Federal Trade Commission and a group of US states sued Amazon.com Inc. over claims the e-commerce giant systematically overcharged advertisers by more than $20 billion since 2019. The complaint filed Monday in Seattle federal court alleges Amazon ultimately … Source: Claims Journal

Officials struggled for years to curb high-speed crashes along a residential corridor cutting through Albuquerque, New Mexico, but simply punishing the lead-footed drivers didn’t seem to work. What ultimately did was rewarding the law-abiding ones with fewer red lights. The … Source: Claims Journal