Posts by Y@DminG
‘Decisive Sign of a Softened Market’: Premiums Decrease Across All Accounts
For the first time since the third quarter 2017, respondents to a recent quarterly survey said average premiums decreased across all account sizes. During the first three months of 2026, The Council of Insurance Agents & Brokers (CIAB)’s market survey … Source: Claims Journal
Read MoreAppeals Court Revives $82M of Verdict Against Ford in Trade Secrets Case
A U.S. appeals court on Friday revived $82.2 million of a $104.6 million verdict that Versata Software won against Ford for breaching a licensing contract and misappropriating trade secrets. The U.S. Court of Appeals for the Federal Circuit reinstated damages … Source: Claims Journal
Read MoreJPMorgan Denies Ex-VP’s Viral Harassment Claims in Court Filing
JPMorgan Chase & Co. filed its court response to a former vice president’s graphic sexual harassment suit against the bank and executive director Lorna Hajdini, calling his claims “false” and “malicious.” JPMorgan on Thusday night filed its formal answer to … Source: Claims Journal
Read MoreWar Overtakes Civil Unrest as Top Political Violence Exposure for Global Businesses
War has overtaken civil unrest as the political violence exposure that companies fear most, as conflicts in Europe and the Middle East disrupt global trade flows, strain political alliances, embolden adversarial powers and heighten risks to business assets, according to … Source: Claims Journal
Read MoreWTW Sues Former Yacht Team, Howden US Over Defection
Howden US is again being sued by a rival broker over another group of new employees who are alleged to have breached loyalty and post-employment contractual obligations. According to a lawsuit filed May 19 in U.S. District Court for the … Source: Claims Journal
Read MoreAirbus, Air France Found Guilty in 2009 Rio-Paris Crash
Airbus SE and Air France were found guilty of involuntary manslaughter in the deadly crash of a passenger jet en route to Paris from Rio de Janeiro 17 years ago after a French appeals court overturned a previous ruling. The … Source: Claims Journal
Read MoreCalling Cops Delay Doesn’t Wreck UM Claim, West Virginia High Court Rules
A West Virginia uninsured motorist policy specified that the policyholder must report an accident to police within 24 hours. But that’s not enough to negate a claim, the West Virginia Supreme Court of Appeals decided this week. The West Virginia … Source: Claims Journal
Read MoreWaymo Suspends Service in Atlanta as Robotaxis Stumped by Floods
Waymo has temporarily halted service in Atlanta over concerns that its robotaxis may attempt to drive on flooded roads, the latest setback over an issue that recently led the company to recall thousands of vehicles. It’s the second city where … Source: Claims Journal
Read MoreWaymo Suspends Service in Atlanta as Robotaxis Stumped by Floods
Waymo has temporarily halted service in Atlanta over concerns that its robotaxis may attempt to drive on flooded roads, the latest setback over an issue that recently led the company to recall thousands of vehicles. It’s the second city where … Source: Claims Journal
Read MoreGoldman Sachs Paying $500M to Settle Shareholder Suit Over 1MDB Scandal
Goldman Sachs has agreed to pay $500 million to settle a class action lawsuit accusing the Wall Street bank of defrauding shareholders about its work for 1MDB, a Malaysian sovereign wealth fund that became embroiled in a corruption scandal. The … Source: Claims Journal
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