Posts by Y@DminG

The electric vehicle performed a series of aerial stunts for a crowd of onlookers. Source: Claims Journal

A former claims adjuster has been charged with defrauding the Pennsylvania insurer he worked for by taking payment of nearly $1 million for an accident claim under the guise that he was with a law firm representing the claimant. Pennsylvania … Source: Claims Journal

A former claims adjuster has been charged with defrauding the Pennsylvania insurer he worked for by taking payment of nearly $1 million for an accident claim under the guise that he was with a law firm representing the claimant. Pennsylvania … Source: Claims Journal

Duke’s Malibu has endured one disaster after another. The famed restaurant perched over the Pacific narrowly survived last year’s Palisades Fire, though smoke left it badly damaged. Five weeks later, a mudslide forced it to close for 13 months. Last … Source: Claims Journal

Duke’s Malibu has endured one disaster after another. The famed restaurant perched over the Pacific narrowly survived last year’s Palisades Fire, though smoke left it badly damaged. Five weeks later, a mudslide forced it to close for 13 months. Last … Source: Claims Journal

More than one-in-four taxi and rideshare vehicles had at least one unfixed recall, according to an analysis across 16 major U.S. cities. That rate was higher than the one-in-five vehicles nationwide with an open recall, a CARFAX analysis shows. In … Source: Claims Journal

Non-economic factors have accounted for roughly half of liability claims growth in the U.K. in the last six years, according to a new report. The report from Swiss Re Institute, High U.K. Liability Claims Growth Could Increase Without Balanced Reforms, … Source: Claims Journal

Volvo Cars is expanding its partnership with Nvidia to develop a new generation of driver-assistance and automated-driving technology, the companies said on Thursday, as carmakers race to bring increasingly advanced hands-free driving features to market. The companies said Volvo would … Source: Claims Journal

A broad-based AI exclusion in insurance policies could create “real confusion and uncertainty,” Marsh CEO John Doyle said, calling for a more nuanced approach to assessing risks as the technology becomes increasingly embedded in business operations. Analysts and experts say … Source: Claims Journal

GTCR and Elliott Investment Management are acquiring car-insurance software provider CCC Intelligent Solutions Holdings Inc. for about $4.6 billion. Under the terms of the agreement, CCC stockholders will receive $7.75 in cash for each share of CCC common stock. That … Source: Claims Journal