Posts by Y@DminG
Pfizer Files Second Lawsuit Against Metsera, Novo Nordisk
Pfizer Inc. said on Monday it has filed a second lawsuit against Metsera and its controlling shareholders, as well as Novo Nordisk in a Delaware federal court, accusing them of anticompetitive conduct. The latest lawsuit follows Danish drugmaker Novo’s bold … Source: Claims Journal
Read MoreVerisk Estimates Hurricane Melissa Insured Losses Could Reach $4.2B
Insured losses from Hurricane Melissa’s strike on Jamaica are expected to range between $2.2 billion and $4.2 billion, according to estimates from data analytics firm Verisk. The Category 5 hurricane made landfall in southwestern Jamaica last week, the Caribbean nation’s … Source: Claims Journal
Read MoreHackers and Crime Rings Teaming up to Steal Cargo, Cyber Firm Says
Hackers are infiltrating trucking and freight companies in a scheme to steal and sell cargo shipments, a growing campaign that could end up costing companies and consumers billions. Source: Claims Journal
Read MoreHow Tiny Bat-Inspired Drones Could Save Lives in Dark And Stormy Conditions
Don’t be fooled by the fog machine, spooky lights and fake bats: the robotics lab at Worcester Polytechnic Institute lab wasn’t hosting a Halloween party. Instead, it’s a testing ground for tiny drones that can be deployed in search and … Source: Claims Journal
Read MoreJD Power: Auto Claims Satisfaction Flat as More Divers Take on Higher Deductibles
Overall satisfaction with the auto insurance claims process didn’t improve much in the past year, which may be good news considering more auto insurance customers now have higher deductibles and more say they’ve avoided filing a claim for fear their … Source: Claims Journal
Read MoreWeather Claims and Bad Faith in the Face of Climate Change
Sharp increases in weather claims—from water to fire to ice—are undeniable. In 2024, 27 confirmed weather disaster events in the U.S. that caused losses exceeding $1 billion each. The types of events included drought, flooding, severe storms, hurricanes, wildfires and … Source: Claims Journal
Read MorePublic Adjuster Charged With Embezzling $130,000 Insurance Payment
North Carolina authorities have arrested a public adjuster, accusing him of absconding with a $133,000 payout from the insurance carrier following a contentious roof claim. Tyler Dionysius Englin, 26, of Garner, North Carolina, was charged with embezzlement after the Department … Source: Claims Journal
Read MoreTesla Owner Complaints Rise in Probe Over Inoperative Doors After Battery Failures
The U.S. auto safety regulator investigating whether certain Tesla Inc. door handles are defective received more complaints within days of initiating its probe from consumers who were unable to get into or out of their vehicles after battery failures. The … Source: Claims Journal
Read MoreAppeals Court Reverses $200M Jury Verdict in Maya Kowalski Case
A Florida appeals court has struck down the $200 million verdict against John’s Hopkins All Children’s Hospital in the Maya Kowalski negligence lawsuit, a case that had gained worldwide attention and was the subject of a Netflix documentary. “The trial … Source: Claims Journal
Read MoreNHTSA Opens Probe into 583K Honda Vehicles Over Safety Issues
The U.S. National Highway Traffic Safety Administration has launched separate investigations into about 583,600 Honda vehicles over potential defects involving rear seatbelt warnings and inadvertent airbag deployments. NHTSA is examining 142,600 units of the 2023-2024 Honda Pilot SUV for a … Source: Claims Journal
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