Posts by Y@DminG

Massachusetts’ highest court on Monday rejected arguments that consent-to-settle clauses in professional malpractice insurance policies violate public policy. The Supreme Judicial Court sided with CNA subsidiary Continental Casualty Co. in an engineering malpractice lawsuit brought against homeowners Douglas and Kristen … Source: Claims Journal

LONDON — Britain’s Financial Conduct Authority (FCA) is investigating whether sharing data with outside competitors could be extended beyond banks to savings, insurance, mortgages, investments, pensions and consumer credit to increase innovation and choice. ‘Open banking’ rules already allow payment … Source: Claims Journal

Toyota Motor Corp plans to first deploy advanced self-driving features in commercial vehicles before adding them to cars meant for personal use, a senior official at the Japanese auto major said on Tuesday. It will be easier to apply self-driving … Source: Claims Journal

At least four-people have been killed in weather-related crashes in Missouri and numerous school districts called off classes after a storm dumped from 3 to 9 inches across a large swath of the state. Much of the state was under … Source: Claims Journal

WASHINGTON — Scientists said on Monday that for the first time, a satellite on a routine global survey identified and measured methane gas escaping from a gas well explosion, a tool that could be important in efforts to curb climate … Source: Claims Journal

Bankrupt utility giant PG&E Corp. has removed a requirement that California Governor Gavin Newsom sign off on its settlement with wildfire victims, trying to buy more time for its restructuring plan. PG&E reached an agreement Monday with representatives of the … Source: Claims Journal

Opponents of the Sackler family’s offer to settle opioid lawsuits against Purdue Pharma LP for about $10 billion say a new report showing the clan withdrew more than that out of the drugmaker over the last decade confirms their reasons … Source: Claims Journal

LOS ANGELES — A group of California congressional members have proposed tighter safety standards for small boats after a diving charter vessel burned and sank in September, killing 34 people. Only five people — the captain and four crew members … Source: Claims Journal

Legislation that creates potential for more employment law claims in California and a measure that may give attorneys a new tool to extract larger settlements from Colorado auto insurers are among new laws that will impact insurance claims professionals in … Source: Claims Journal

SACRAMENTO, Calif. — As California homeowners in wildfire-prone areas struggle to find insurance, a lawsuit filed Friday will test the state’s authority to help them. California’s insurance industry pays into a fund that sells coverage to people who can’t buy … Source: Claims Journal