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Trump Rescinding Rule Incentivizing EV Production So Automakers Meet Fuel Economy Requirements
The Trump administration said Wednesday it is rescinding a rule that incentivized automakers to produce electric vehicles to meet fuel economy requirements by overstating energy savings. Environmentalists have long criticized the Energy Department rules for assigning unrealistically high fuel-economy values … Source: Claims Journal
Read MoreCEOs Who Experience Natural Disasters Are More Likely to Lead Safer Workplaces
Every year, millions of workers are injured or die on the job, imposing enormous human and economic costs. The socio-economic impact of workplace safety is hard to avoid and presents governments and organizations with a major challenge. In the United … Source: Claims Journal
Read MoreBayer’s $7 Billion Effort to End Roundup Curse Draws Skepticism
Bayer AG Chief Executive Officer Bill Anderson’s effort to extricate the company from the years-long legal battles related to its Roundup pesticide is facing some skepticism from investors. The German conglomerate’s proposed $7.25 billion class-action settlement in the U.S. announced … Source: Claims Journal
Read MoreDiocese’s Sex Abuse Claims Fund to Get $180 Million Boost to Pay Survivors
The Catholic Diocese of Camden, New Jersey and several holdout insurers have agreed to add $180 million to a trust fund to pay claims of survivors of sexual abuse by the church’s clergy. The $180 million is in addition to … Source: Claims Journal
Read MoreJudge Tosses Buffalo Wild Wings ‘No Meat on Its Bones’ Lawsuit
A U.S. federal judge threw out on Tuesday a lawsuit against Buffalo Wild Wings that alleged the restaurant and sports bar chain deceived consumers by selling boneless wings that are not actually de-boned chicken wings. Judge John Tharp Jr. in … Source: Claims Journal
Read MoreAI Claim Assistant Now Taking Auto Damage Claims Calls at Travelers
The Travelers Companies announced the launch of AI Claim Assistant, a fully agentic intelligent voice service to handle customer claim calls. The service, developed using OpenAI model capabilities and APIs, uses advanced language and speech recognition technologies, Travelers said, reporting … Source: Claims Journal
Read MoreTesla Avoids California Sales Halt Over Autopilot Marketing
Tesla Inc. will be allowed to continue selling electric vehicles in California uninterrupted after the company revised what the state had called misleading marketing of driver-assistance technology. The automaker has taken “corrective action” including ending the use of Autopilot branding … Source: Claims Journal
Read MoreMSIG USA Names Morris Chief Claims Officer
MSIG USA named Ron Morris chief claims officer. He reports to CEO Peter McKenna. Morrison will oversee the company’s enterprise claims function, with responsibility for claims strategy, operations, technical quality, litigation management and organizational development. Morrison previously held senior claims … Source: Claims Journal
Read MoreGrowing Civil Unrest Claims Has an Insurance Sting
A category of insurance risk that hardly existed a little over a decade ago has morphed into a meaningful source of losses for the industry. Claims tied to SRCC—strikes, riots and civil commotion—are emerging as a growing headache for insurers … Source: Claims Journal
Read MoreWhen the Workplace Is Everywhere: The New Reality of Workers’ Comp Claims
Hybrid work is driving a new class of workers’ compensation risk—one that’s harder to verify, slower to resolve and increasingly costly. Understanding why and what to do about it requires a new approach to data, validation, and proactive risk management. … Source: Claims Journal
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