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U.S. claim volume fell 8.9% from last year, with total claims dipping 13.1% below the five-year average, despite several large catastrophe events, a new report shows. What’s driving the trends isn’t the weather. Changes in policy language and policy provisions … Source: Claims Journal

The U.S. won’t renew its trade deal with Canada and Mexico, choosing instead to conduct annual reviews of the pact in a decision that risks adding uncertainty for companies producing goods across North America. The U.S.-Mexico-Canada Agreement, or USMCA, will … Source: Claims Journal

About three months after it detected suspicious activity within its network systems, AssuranceAmerica has started alerting consumers. The Atlanta-based managing general agency with about 9,500 agents selling personal auto, renters, and commercial auto policies in 14 states, said on March … Source: Claims Journal

A Swedish court on Wednesday ordered Alphabet’s Google to pay about $1.5 billion in damages to PriceRunner, the price comparison business owned by payments platform Klarna, for favoring its own shopping service in search results. The award, equivalent to around … Source: Claims Journal

Chinese technology and e-commerce giant Alibaba and its U.S.-based payment processor have agreed to pay $600 million to resolve allegations that they failed to prevent illegal drug sales, the U.S. Justice Department said on Wednesday. The companies entered into non-prosecution … Source: Claims Journal

Cargo thieves may be operating sooner than you think to take advantage of the July 4 holiday, a new report shows. Verisk CargoNet is warning transportation and logistics stakeholders to prepare for elevated cargo theft risk during the July 4 … Source: Claims Journal

Autonomous-driving startup Wayve is riding a tide of investor interest. The London-based company has pulled in $2.8 billion from a roster of investors and strategic partners that includes big names across the technology and automotive sectors, from Nvidia to Mercedes-Benz … Source: Claims Journal

The death toll from the twin earthquakes that struck Venezuela last week rose to nearly 2,000, as aftershocks eased in both frequency and intensity and authorities expanded recovery efforts. Almost 20,000 people survived the disaster in the hardest-hit coastal state … Source: Claims Journal

A federal judge rejected Meta Platforms’ bid to dismiss a lawsuit by 29 U.S. state attorneys general accusing it of designing Facebook and Instagram to addict children and knowingly concealing the harm from the public. In a decision late Monday, … Source: Claims Journal

Tesla Inc. has quietly resolved a lawsuit stemming from a fatal 2023 crash that precipitated a defect investigation into the carmaker’s automated-driving technology. The collision involved 71-year-old Johna Story, who had stepped out of her vehicle on an Arizona highway … Source: Claims Journal