Posts by Y@DminG

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

If wind mitigation and stronger homes are the paths to reducing insurance claims and bringing down insurance premiums in hurricane-prone areas, as a growing number of industry experts believe, then homeowners, builders and insurers may want to take a look … Source: Claims Journal

Three months ago, Microsoft Corp. issued a progress report on what it described as the largest cybersecurity engineering project in history. Battered by its role in several major hacks, the software giant in late 2023 vowed to overhaul its cybersecurity, … Source: Claims Journal

Cincinnati Specialty Underwriters said in a complaint last week that it has no duty to defend or indemnify a Kansas City sports promotion group facing an underlying lawsuit over a mass shooting at a 2024 Super Bowl parade. CSU said … Source: Claims Journal

Excessive litigation and abuse of the U.S. legal system are effectively imposing a tax on the U.S. economy and causing a surge in liability insurance costs, according to John Doyle, president and chief executive officer of Marsh McLennan. “The U.S. … Source: Claims Journal

A security patch released by Microsoft earlier this month failed to fully fix a critical flaw in the U.S. tech company’s SharePoint server software that had been identified at a hacking competition in May, opening the door to a sweeping … Source: Claims Journal

U.S. officials told a Senate committee on Tuesday that there have been more than 3,000 drone events near American airports since 2021 including 11 aircraft this year that reported taking evasive action to avoid collisions. Those drone incidents have caused … Source: Claims Journal

Microsoft Corp. accused Chinese state-sponsored hackers of using flaws in its SharePoint document management software in a hacking campaign that has targeted businesses and government agencies around the world. In a blog post on Tuesday, the tech giant identified two … Source: Claims Journal

Tenco Services Inc. named David Whitaker its first operations officer. Whitaker will support daily operations across all branch offices and continue overseeing the Nashville and Bowling Green locations. He will also serve as the point of contact for branch managers … Source: Claims Journal

Tesla Inc. is set to face off with the California Department of Motor Vehicles over claims that the company has exaggerated the capabilities of its Autopilot and Full Self-Driving technology and misled consumers. The stakes are high at a five-day … Source: Claims Journal