Posts by Y@DminG

The California Department of Insurance completed a review of the state’s first wildfire catastrophe model, marking a dramatic change in the state’s property/casualty insurance ratemaking process. The new model for use by insurers in assessing wildfire risk in property insurance … Source: Claims Journal

Sun Pharmaceutical Industries Ltd. settled claims worth $200 million in an antitrust case in Pennsylvania alleging that the firm, along with others, colluded to fix prices of generic drugs. The units of India’s number one drugmaker — Sun Pharmaceutical Industries … Source: Claims Journal

Amazon faces two mass lawsuits from retailers and consumers worth up to 4 billion pounds ($5.4 billion) for allegedly abusing its dominant position, after a London tribunal on Thursday certified the cases could proceed. Andreas Stephan, a competition law academic, … Source: Claims Journal

A typhoon moving toward northern Philippines may intensify further before making landfall as early as tonight, with heavy rain and strong winds likely to impact some rice and corn crops. Typhoon Co-may — known locally as Emong — has slowed … Source: Claims Journal

In the age of a tech-fueled automotive transformation in which vehicle usage is at an all-time high, the public perception of uncertainty around driverless cars remains. As of 2025, only 13% of U.S. Consumers would trust riding in an autonomous … Source: Claims Journal

Southern California Edison will set up a program to compensate victims of a deadly Los Angeles wildfire that it has acknowledged may be linked to the company’s electrical equipment. The utility, owned by Edison International, said the voluntary claims program … Source: Claims Journal

Candace Frazee recently walked through the burnt remains of The Bunny Museum, searching for anything that could be salvaged before workers cleared the land. The Eaton Fire in Southern California in January scorched more than 60,000 bunny objects and memorabilia, … Source: Claims Journal

The National Highway Traffic Safety Administration said on Monday that it is closing a preliminary evaluation into 454,840 Nissan 7201.T vehicles over engine failure after the Japanese automaker issued a recall in June. The probe, which was opened in December … Source: Claims Journal

The number of companies and organizations compromised by a security vulnerability in Microsoft Corp.’s SharePoint servers is increasing rapidly, with the tally of victims soaring more than six-fold in a few days, according to one research firm. Hackers have breached … Source: Claims Journal

Tesla on Monday settled a lawsuit against Louisiana and various auto dealerships and trade groups, in which CEO Elon Musk’s electric car company challenged the state’s ban since 2017 on direct vehicle sales to consumers. According to a dismissal motion … Source: Claims Journal