ATP Insurance Services » Uncategorized

Meta Settles With Teen During Trial Testing Claims Social Media Caused Depression, Eating Disorders

Y@DminG — Fri, 30 Oct 2026 16:11:03 +0000

Meta Platforms has settled with a teen plaintiff who accused the company of designing Instagram and Facebook to be addictive, causing her mental health problems and disordered eating, attorneys for the plaintiff said on Friday. The settlement came after jury …
Source: Claims Journal

Bayer Wins Roundup Trial as Settlement Decision Looms

Y@DminG — Fri, 30 Oct 2026 14:57:51 +0000

Bayer AG won a St. Louis trial over its Roundup weedkiller, defeating claims by three women who blamed the herbicide for their cancers and bolstering its efforts to draw a line under its U.S. litigation overhang. The unanimous verdict reached …
Source: Claims Journal

Toast Sued by FTC For Misleading Customers on Subscriptions

Y@DminG — Fri, 30 Oct 2026 05:00:51 +0000

The U.S. Federal Trade Commission and a group of eight states sued Toast Inc., alleging the restaurant management and financial technology company falsely told customers they could try its products for free before enrolling them in a subscription that was …
Source: Claims Journal

South Korean Court Rejects Tesla Owners’ Lawsuit Seeking ‘Full Self-Driving’ Refunds

Y@DminG — Fri, 30 Oct 2026 05:00:50 +0000

A South Korean court on Thursday rejected a lawsuit by dozens of Tesla owners seeking full refunds for money paid for “Full Self-Driving” driver-assistance software, ruling that the automaker had not breached its contractual obligations. The Seoul Central District Court …
Source: Claims Journal

GM Paying $220 Million to Settle Allegations It Violated Driver Privacy

Y@DminG — Fri, 30 Oct 2026 05:00:48 +0000

General Motors will pay $220 million to settle allegations that it illegally sold drivers’ private behavior and location data to brokers, who then sold the information to insurers that used it to set and sometimes increase rates. The settlement, announced …
Source: Claims Journal

Wrongful Data Collection Driving Cyber Claim Frequency

Y@DminG — Fri, 30 Oct 2026 05:00:42 +0000

A growing source of cyber insurance claims is wrongful data collection. Even though the cost of these claims individually is generally low, their rising frequency should be of concern to underwriters and policyholders. California has now narrowed one of the …
Source: Claims Journal

Barclays Turns to Insurers to Hedge Billions of Data Center Debt

Y@DminG — Fri, 30 Oct 2026 05:00:23 +0000

Barclays Plc is looking to buy default protection on more than $10 billion of debt to finance artificial intelligence infrastructure in a bid to create capacity for more lending as hyperscaler funding needs soar. The London-based lender has been assessing …
Source: Claims Journal

America’s Truckers on the Brink With 221 Bankruptcies This Year

Y@DminG — Fri, 30 Oct 2026 05:00:03 +0000

Justin Stoneman has been in the trucking industry for 27 years, operating out of central Michigan’s agricultural heartland. Hauling grain and fertilizer around the Midwest, his 12-odd tractor trailers generated more than $3 million in annual revenue during their best …
Source: Claims Journal

California Braces for Floods as Atmospheric River Threatens

Y@DminG — Thu, 29 Oct 2026 15:32:47 +0000

California is bracing for flooding as an atmospheric river delivers a glancing blow to the south of the state, before moving across northern Mexico into the U.S. Southwest.
Source: Claims Journal

Aon: Global Insured Catastrophe Losses Reach $91B, Lowest Since 2019

Y@DminG — Thu, 29 Oct 2026 15:30:03 +0000

Global insured losses from natural disasters dipped to $91 billion through the third quarter of 2026, marking the lowest nine-month total since 2019, according to a new report. Aon’s Global Catastrophe Recap: Third Quarter of 2026 shows insured losses at …
Source: Claims Journal