Posts by Y@DminG

Edison International expects to begin accepting applications “well before” Thanksgiving to compensate victims of the deadly Eaton Fire that destroyed swaths of the Los Angeles area in January, according to CEO Pedro Pizarro. That puts the utility company’s wildfire recovery … Source: Claims Journal

Zoox is seeking wider clearance from U.S. regulators to operate self-driving cars that lack traditional driving controls, suggesting that the autonomous-vehicle subsidiary of Amazon.com Inc. is preparing for broader commercial deployment. Zoox requested exemptions from U.S. vehicle safety standards field … Source: Claims Journal

The U.S. lowered tariffs on auto imports from the European Union to 15% retroactive to Aug. 1, cementing the terms of the framework trade agreement the two sides struck this summer. The Department of Commerce and Office of the U.S. … Source: Claims Journal

U.S. auto safety regulators opened an investigation into Rivian Automotive Inc. over issues with the seat belts in its electric delivery vans that could introduce additional risk in the event of a crash. The National Highway Traffic Safety Administration said … Source: Claims Journal

Hong Kong has weathered the worst of Super Typhoon Ragasa, which is moving away from the financial hub and is set to cross China’s southern coast later Wednesday, where it’s expected to dump torrential rain. Ragasa has killed at least … Source: Claims Journal

A decade ago, someone in the market for a new car with less than $25,000 to spend, had 43 different models to choose from. Today, there are five, according to Cox Automotive. None is electric. But stalwarts like Ford Motor … Source: Claims Journal

The insurance industry’s ability to serve clients and maintain profitability hinges on the effectiveness of its claims management function. This is never more important than in a softening market where claims management can be a significant differentiator in attracting business. … Source: Claims Journal

A former staff adjuster for a large Florida insurance carrier has been found guilty of defrauding the insurer out of more than $580,000. A federal jury in Orlando last week said James Octavias Tobias Owens, 34, from the Orlando area, … Source: Claims Journal

Britain’s biggest carmaker Jaguar Land Rover is extending the closure of its factories until October 1 following a cyberattack in early September that has left its operations paralyzed and smaller suppliers struggling. The luxury carmaker, owned by India’s Tata Motors … Source: Claims Journal

Hong Kong is facing a night of destructive winds and drenching rain as Super Typhoon Ragasa tracks toward the financial hub, potentially becoming the most damaging storm since Mangkhut in 2018. The typhoon weakened slightly on Tuesday as it moved … Source: Claims Journal