Posts by Y@DminG

The Delaware Supreme Court has re-opened the door for cyber insurers to pursue recovery of claims payments they made to their insureds who took matters into their own hands after their data hosting company allegedly failed to adequately respond to … Source: Claims Journal

As the prospect of flood damage haunts an ever larger number of U.K. homes, the country’s banks are under growing pressure to prove they’re not underestimating the risk in their mortgage books. Nationwide Building Society — once seen as an … Source: Claims Journal

A judge rejected Tesla’s request to overturn a $243 million jury verdict over the 2019 crash of an Autopilot-equipped Model S, which killed a 22-year-old woman and injured her boyfriend. Source: Claims Journal

The U.S. Supreme Court struck down on Friday President Donald Trump’s sweeping tariffs that he pursued under a law meant for use in national emergencies, rejecting one of his most contentious assertions of his authority in a ruling with major … Source: Claims Journal

A judge agreed with Palantir Technologies Inc. that a trio of former employees likely violated confidentiality and non-solicitation agreements in founding their artificial intelligence startup but stopped short of halting their work at the new company, Percepta. Palantir sued Percepta … Source: Claims Journal

The water and power utility that serves the city of Los Angeles must face hundreds of lawsuits faulting its response to the massive 2025 wildfire that leveled one of the city’s premier seaside neighborhoods and caused tens of billions of … Source: Claims Journal

German biopharmaceutical company BioNTech sued Moderna in Delaware federal court on Thursday, alleging that Moderna’s COVID-19 vaccine mNEXSPIKE infringes a patent related to BioNTech and Pfizer’s competing shot Comirnaty. The lawsuit said that mNEXSPIKE, Moderna’s next-generation COVID shot approved by … Source: Claims Journal

Insureds cannot rely on the word of an insurance adjuster—even one hired by the insurer—to show that a homeowners’ policy covers sewage backup, a federal appeals court said in a case that underscored the sanctity of policy exclusions but also … Source: Claims Journal

There has been a lot of recent conversation throughout the insurance industry around resiliency fortification efforts and how to help facilitate them. For claims leaders, this is a particularly important conversation because the level of resiliency of the structures in … Source: Claims Journal

Drivers of BMW, Ram and Tesla vehicles were ranked among the worst drivers in the country in a new report. A LendingTree report on the best and worst drivers on by vehicle manufacturer ranks BMW for No. 1 in total … Source: Claims Journal