Posts by Y@DminG
Car Sales Hit a Wall as Tariff-Induced Shopping Spree Subsides
The springtime surge in U.S. auto sales landed with a thud last month, setting up a slowdown in the months ahead as carmakers digest President Donald Trump’s tariffs on auto imports and consumers find fewer deals. Shoppers rushed to showrooms … Source: Claims Journal
Read MoreVerisk: Cargo Theft over July 4 Holiday Week Has Escalated in Recent Years
Verisk CargoNet issued an advisory to the logistics industry warning of significantly increased cargo theft risk during the upcoming July 4th holiday week. The firm typically issues such warnings ahead of holidays. Extended business closures can create favorable operating conditions … Source: Claims Journal
Read MoreInvoking ‘Our Option’ and Preferred Contractor Network Endorsements
Increasing abuses in the claims process have caused insurance companies to rethink the traditional model of sending out cash to pay claims. Far too often, that cash is used for purposes other than fixing damage, with a significant portion of … Source: Claims Journal
Read MoreMeta, TikTok Can Be Sued by Mother of Teen Killed While ‘Subway Surfing’
Meta Platforms and TikTok owner ByteDance must face a wrongful death lawsuit by the mother of a 15-year-old Manhattan boy who died while “subway surfing” on a moving train, a New York state judge ruled. Justice Paul Goetz ruled on … Source: Claims Journal
Read MoreIIHS: Poor Mental Health, Police Cuts Fueled Spike in Impaired-Driving Deaths COVID
An increase in impaired-driving deaths during the COVID-19 pandemic may have been driven by a national mental health crisis and reductions in policing, a new study from the Insurance Institute for Highway Safety shows. Prior to the onset of the … Source: Claims Journal
Read MoreUS Warns Iran-Tied Hackers Pose Ongoing Risk to American Firms
Iran-affiliated hackers remain a potential threat to critical sectors of the US economy, including defense contractors and other American organizations, according to a bulletin published Monday from the FBI, the National Security Agency, the Cybersecurity and Infrastructure Security Agency and … Source: Claims Journal
Read MoreUS Warns Iran-Tied Hackers Pose Ongoing Risk to American Firms
Iran-affiliated hackers remain a potential threat to critical sectors of the US economy, including defense contractors and other American organizations, according to a bulletin published Monday from the FBI, the National Security Agency, the Cybersecurity and Infrastructure Security Agency and … Source: Claims Journal
Read MoreSupreme Court Will Review Billion-Dollar Cox Communications Copyright Case
The U.S. Supreme Court agreed on Monday to decide a copyright dispute between Cox Communications and a group of music labels following a judicial decision that threw out a $1 billion jury verdict against the internet service provider over alleged … Source: Claims Journal
Read MoreHedge Fund Strategy Built on Catastrophes Taps Hot New Trend
One of the most successful hedge fund strategies of recent years is latching on to an old idea whose popularity is suddenly soaring. Source: Claims Journal
Read MoreGM Wins Victory as Appeals Court Decertifies Transmission Lawsuits
General Motors persuaded a federal appeals court on Friday to decertify a class action seeking to hold the automaker liable for knowingly selling about 800,000 cars, trucks and SUVs with faulty transmissions. In a 9-7 vote, the 6th U.S. Circuit … Source: Claims Journal
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