Uncategorized
Hyundai Recalling 58K Palisades in South Korea Due To Automatic Seat Problem
South Korea’s transport ministry announced on Tuesday the recall of 58,000 Hyundai Motor Palisade hybrid sport utility vehicles nationwide over safety concerns, following a fatal accident in the United States earlier this month. Hyundai stopped sales of some high-end versions … Source: Claims Journal
Read MoreBerkshire Hathaway to Invest $1.8 Billion in Tokio Marine
Berkshire Hathaway Inc. will invest 287.4 billion yen ($1.8 billion) in insurer Tokio Marine Holdings Inc., ramping up the U.S. conglomerate’s exposure to the Japanese market. National Indemnity Company, a subsidiary of Berkshire, will make a 2.49% strategic investment in … Source: Claims Journal
Read MoreToyota to Invest Further $1 Billion to Boost Output at US Plants
Toyota Motor Corp. outlined plans to invest $1 billion to increase vehicle output at its plants in two states, the latest tranche of a broader spending commitment of as much as $10 billion in the U.S. over the next five … Source: Claims Journal
Read MoreHyundai Says Four More Injuries Tied to SUV Rear Power Seat Recall
Hyundai Motor said it has reports of four minor injuries because rear power seats in new Palisade SUVs may trap a person as sales remained halted after an incident earlier this month in which a two-year-old girl was killed in … Source: Claims Journal
Read MoreSwiss Re Says Wildfires, Storms, Floods Account for 92% of Global Insured Losses
Wildfires, severe convective storms and floods — also known as secondary perils — accounted for a record 92% of total global natural catastrophe insured losses of US$107 billion in 2025, according to Swiss Re Institute. Wildfires set a new loss … Source: Claims Journal
Read MoreAlphabet’s Wing to Start Drone Delivery in San Francisco Bay Area
Alphabet-owned Wing plans to begin delivering packages by drone to homes in California’s San Francisco Bay Area in the coming months, it said on Monday, extending its rollout to one of its earliest testing grounds. Wing is seeking to scale … Source: Claims Journal
Read MoreDoorDash’s New Paid Tasks Turn Couriers into AI and Robot Trainers
DoorDash Inc. is paying delivery couriers in some markets to submit video clips and complete other digital tasks to help improve artificial intelligence and robotics models, following competitors that have found creative new uses for gig workers in the AI … Source: Claims Journal
Read MoreNHTSA Closes Defect Petition Covering 2 Million Tesla Vehicles
The U.S. auto safety regulator on Friday rejected a petition seeking a sweeping recall of about 2.26 million Tesla vehicles, saying it had found no evidence of a safety-related defect. The decision removes the immediate risk of a large-scale recall … Source: Claims Journal
Read MoreGerman Court Rejects Bid to Ban Mercedes And BMW’s Fossil-Fuel Cars
Environmentalists suffered a setback on Monday when Germany’s top appeals court threw out their cases seeking to ban Mercedes-Benz and BMW from selling new combustion-engine cars from November 2030. The federal court of justice in Karlsruhe upheld lower court rulings … Source: Claims Journal
Read MoreTakeda, Lilly Rejected by Supreme Court on Actos Fraud Lawsuit
The U.S. Supreme Court cleared the way for a multibillion-dollar racketeering lawsuit that accuses Takeda Pharmaceutical Co. and Eli Lilly & Co. of marketing the Actos diabetes drug without disclosing its link to bladder cancer. In a one-line order Monday, … Source: Claims Journal
Read More