Posts by Y@DminG

Nuro Inc., the self-driving tech startup founded by two former Waymo engineers, announced a new funding round that it said will support its commercial expansion plans in additional US cities and internationally through 2027. The Mountain View, California-based company raised … Source: Claims Journal

Early estimates from the National Highway Traffic Safety Administration for traffic fatalities in 2024 indicate that the number of people who died in traffic crashes will reach the lowest point in five years. The NHTSA estimates project that 39,345 people … Source: Claims Journal

Property-catastrophe capacity remained adequate to meet demand during the April 1 renewals for US reinsurance buyers, despite the record losses from California’s January wildfires, according to Aon and Gallagher Re in their renewal reports. Reinsurers continued to demonstrate an appetite … Source: Claims Journal

Paramount Global’s CBS is poised to lose its bid to block Sony Group Corp. from distributing Jeopardy! and Wheel of Fortune while a dispute between the media companies over rights to the shows plays out in court. A California state … Source: Claims Journal

Billionaire investor Warren Buffett’s Duracell battery maker was accused by chemical producer BASF SE of stealing trade secrets about lithium ion battery technology. BASF, the world’s biggest chemical maker by revenue, claims in a lawsuit that Duracell, owned by Buffett’s … Source: Claims Journal

The landmark $2.8 billion settlement that will reach into every corner of college athletics in the months ahead had its final hearing Monday, including athletes who criticized the sprawling plan as confusing and one that undervalued them, and attorneys who … Source: Claims Journal

The European Union approved tariffs to hit around €21 billion ($23.2 billion) of US goods in retaliation for the 25% duties President Donald Trump imposed last month on the bloc’s steel and aluminum exports. A majority of the EU’s 27 … Source: Claims Journal

Jazz Pharmaceuticals said on Tuesday that it had agreed to a settlement of $145 million to resolve a series of antitrust lawsuits related to its narcolepsy drug, Xyrem. Xyrem, a medication approved in the U.S., is used for the treatment … Source: Claims Journal

Insurance industry analysts, economists, and trade associations have continued to look at the potential effect of President Trump’s tariffs. About a month after Trump looked to impose steep tariffs on China, Mexico, and Canada, the administration on April 2 applied … Source: Claims Journal

ATI Restoration has named Gabe Diab chief financial officer. Diab has more than two decades of experience in financial and operational leadership experience. He was most recently chief financial officer and chief operating officer of Ascential Technologies. Prior to that, … Source: Claims Journal