Posts by Y@DminG

Claims adjusters, many of whom work remotely and travel extensively, can take heart from a recent Alabama court ruling, knowing that they may not have to pay the state’s income taxes, even if the adjusting firm is based in that … Source: Claims Journal

Billionaire Elon Musk’s electric vehicle company Tesla rejected a $60 million settlement proposal in a lawsuit over the 2019 fatal crash of an Autopilot-equipped Model S before a jury this month awarded a $243 million verdict in the case. Lawyers … Source: Claims Journal

Most owners of Subaru’s with a system designed to keep drivers focused on the road keep the system on, a new study shows. The findings in a study from the Insurance Institute for Highway Safety shows the owners of Subaru … Source: Claims Journal

The conservative network Newsmax will pay $67 million to settle a lawsuit accusing it of defaming a voting equipment company by spreading lies about President Donald Trump’s 2020 election loss, according to documents filed Monday. The settlement comes after Fox … Source: Claims Journal

On Aug. 19, Minnesota joined a wave of states suing TikTok, alleging the social media giant preys on young people with addictive algorithms that trap them into becoming compulsive consumers of its short videos. “This isn’t about free speech. I’m … Source: Claims Journal

In Montpelier, city officials plan to remove the Pioneer Street Dam and restore a nearby floodplain. Together, the projects are predicted to have compounding positive effects that reduce flood risk in the city. The Pioneer Street Dam — an old … Source: Claims Journal

The parent of Booking.com and other travel websites will pay $9.5 million to settle a Texas lawsuit claiming it deceptively marketed hotel rooms by omitting mandatory “junk” fees, enticing consumers with artificially low prices. Texas Attorney General Ken Paxton said … Source: Claims Journal

The National Highway Traffic Safety Administration is opening a probe into more than 1.4 million Honda vehicles sold in the United States over concerns that connecting rod bearing failures in their engines could lead to complete engine failure. In a … Source: Claims Journal

When Hurricane Katrina slammed into New Orleans in August 2005, causing greater insurance losses than any other natural disaster in history, it became clear that a lot of the city’s flood protection engineering — walls, pumps, levees — had failed. … Source: Claims Journal

JPMorgan Chase & Co. will pay 1.4 billion ringgit ($330 million) to Malaysia to resolve all existing and potential claims relating to the sovereign wealth fund 1MDB, a move that will end its exposure to one of the biggest financial … Source: Claims Journal