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Deephouse, Lee to Lead IIHS and HLDI Boards
Brian Deephouse, vice president and chief actuary at Auto Club Enterprises, was elected chair of the Insurance Institute for Highway Safety’s board of directors and Dawn Lee, chief product and underwriting officer at PEMCO Mutual Insurance Company, will continue as … Source: Claims Journal
Read MoreOpenAI Deleted Word ‘Safely’ From Its Mission – Its New Structure Is A Test
OpenAI, the maker of the most popular AI chatbot, used to say it aimed to build artificial intelligence that “safely benefits humanity, unconstrained by a need to generate financial return,” mission statement. But the ChatGPT maker seems to no longer … Source: Claims Journal
Read MoreJPMorgan Customers Can Sue Over Low Rates on Cash Sweeps, Judge Rules
JPMorgan Chase must face part of a proposed class action lawsuit accusing the largest U.S. bank of paying brokerage and retirement account holders near-zero interest rates instead of market rates on their idle cash, a federal judge ruled. Customers alleged … Source: Claims Journal
Read MoreJury Finds Johnson & Johnson Liable for Cancer in Latest Talc Trial
A jury in Pennsylvania state court on Friday awarded $250,000 to the family of a woman who sued Johnson & Johnson alleging its talc-based baby powder was to blame for her ovarian cancer, according to an attorney for plaintiffs in … Source: Claims Journal
Read MoreNestle, Danone Cited in France’s Widening Infant Formula Probe
The Paris prosecutor’s office opened probes into allegedly tainted infant formula distributed by Nestlé SA, Danone, Groupe Lactalis and two other brands. The investigation involves potential charges of “deception regarding goods that pose a danger to human health,” which can … Source: Claims Journal
Read More‘Structural Shift’ Occurring in California Surplus Lines
The Los Angeles wildfires that kicked off 2025 not only sped up a statewide homeowners insurance market pullback, they also played a part in an ongoing reshaping of California’s surplus lines market, according to a new report. The state’s surplus … Source: Claims Journal
Read MoreStellantis Resurrects Diesel Cars Across Europe Amid EV Retreat
Fiat-to-Jeep owner Stellantis is quietly resurrecting diesel versions of at least seven car and passenger van models across Europe as it retreats from electric vehicles, according to a review of dealer websites and company statements to Reuters. In a previously … Source: Claims Journal
Read MoreDeutsche Bank Settles With Ex-Banker in Monte Paschi Lawsuit
Deutsche Bank AG has settled a lawsuit with Michele Foresti, a former manager who claimed he was wrongfully blamed for the Monte dei Paschi accounting scandal, the first of six similar cases to be resolved. “The parties have now resolved … Source: Claims Journal
Read MoreReview Shows Diagnosis and Treatment Issues Drive Claims in Cardiology
Diagnosis‑related failures and medical treatment issues continue to drive the majority of cardiology malpractice claims, according to a new analysis. A review of 321 closed cases from 2010 to 2025 by The Doctors Company shows breakdowns in clinical judgment, communication … Source: Claims Journal
Read MoreSources: Palo Alto Didn’t Tie China to Hacking Campaign Fearing Retaliation From Beijing
Palo Alto Networks opted not to tie China to a global cyberespionage campaign the firm exposed last week over concerns that the cybersecurity company or its clients could face retaliation from Beijing, according to two people familiar with the matter. … Source: Claims Journal
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