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Volkswagen Liable for Defeat Devices, Top EU Court Rules
The European Court of Justice on Friday ruled that carmakers like Volkswagen remain liable for using unlawful defeat devices, such as temperature-sensitive emissions software, even if the vehicles met EU standards, which doesn’t guarantee the technology’s legality. The case at … Source: Claims Journal
Read MoreBlackRock, State Street, Vanguard Must Face Antitrust Suit
A federal judge in Texas largely denied a request by the world’s largest asset managers to dismiss a lawsuit brought by Republican state attorneys general claiming they colluded to reduce coal output, in a case that threatens how the U.S. … Source: Claims Journal
Read MoreChina Says US Exploited Old Microsoft Flaw for Cyberattacks
China accused the U.S. of exploiting a flaw in Microsoft Corp.’s email servers to steal military data and launch cyberattacks on its defense sector. Source: Claims Journal
Read MoreBayer Adds $1.37B to Roundup Litigation Reserves
German pharmaceutical and biotechnology group Bayer said on Thursday it had set aside an additional 1.2 billion euros ($1.37 billion) in provisions to address ongoing litigation in the United States over weed killer Roundup. The German group said that, on … Source: Claims Journal
Read MoreTaking Back Negotiation: Why Claim Professionals Must Lead the Next Chapter
In the rapidly shifting landscape of property/casualty insurance claims, negotiation stands at the pivotal moment for improved settlement outcomes, client satisfaction, and bottom-line carrier health. In 98-99 of every 100 litigated files, the carrier’s financial outcome will be established through … Source: Claims Journal
Read MoreHigh Noon Recalls Vodka Seltzers Mislabeled as Energy Drinks
High Noon announced a recall of vodka seltzer drinks that it says were mislabeled as Celsius energy drinks, according to a posting on the U.S. Food and Drug Administration’s website. “Consumption of the liquid in these cans will result in … Source: Claims Journal
Read MoreServer Says Woman Is Responsible for Own Death for Driving Drunk After Wine Tasting
A woman who died in a car accident while driving intoxicated after a company-mandated wine tasting was responsible for her own death, lawyers for those who served her wine told a Connecticut court this week. The estate of Nicole Silva … Source: Claims Journal
Read MoreSanctioned Billionaire-Linked Firm Loses $243M UK Bond Suit
Maire SpA and its two lenders won a U.K. court ruling against a €212 million ($243 million) demand by a company linked to a sanctioned billionaire. EuroChem Group AG sued the Italian firm along with Societe Generale SA and ING … Source: Claims Journal
Read MoreCalifornia Commissioner Takes Legal Action Against FAIR Plan for Smoke Damage Claims
California Insurance Commissioner Ricardo Lara is taking legal action against the California FAIR Plan Association for reportedly denying and limiting smoke damage claims from wildfire survivors. The California Department of Insurance filed an order to show cause against the FAIR … Source: Claims Journal
Read MoreNo Mention of Robotaxi as Tesla Launches Ride-Hailing in San Francisco
Tesla launched a ride-hailing service in the San Francisco Bay Area on Thursday, without indicating whether it would be using self-driving vehicles that power its Austin, Texas operations. California has not permitted Tesla to offer robotaxi service, and the limited … Source: Claims Journal
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