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This is set to be the year generative artificial intelligence significantly starts to change how Americans live and work, most notably in the property/casualty industry as companies strive to balance efficiency and costs with investments in systems, training and management. … Source: Claims Journal

A Washington state jury on Tuesday said Bayer must pay $100 million to four people who say they were sickened by exposure to toxic chemicals known as PCBs made by the company’s predecessor Monsanto that were used in light fixtures … Source: Claims Journal

Capital One Financial Corp. misled customers when it rolled out a new savings account with a higher interest rate it didn’t also give to existing savings accounts, the Consumer Financial Protection Bureau said Tuesday in a lawsuit against the bank. … Source: Claims Journal

A cyberattack that paralyzed hospitals and clinics in London last year resulted in harm to dozens of patients, leading to long-term or permanent damage to their health in at least two cases, according to data obtained by Bloomberg News. In … Source: Claims Journal

Wildfires that have ravaged swaths of Los Angeles could result in losses of as much as $30 billion for the insurance industry as the blazes rage on almost a week after they ignited. The new estimates from Wells Fargo & … Source: Claims Journal

Online trading firm Robinhood Markets has agreed to pay $45 million to settle U.S. Securities and Exchange Commission charges over record keeping, trade reporting and other rule violations, the regulator said on Monday. Regulators found Robinhood Securities LLC and Robinhood … Source: Claims Journal

Many drivers feel ready to tackle Pacific Northwest winter weather. A poll shows 59% of Northwest drivers report feeling comfortable driving in snow and ice. PEMCO Mutual Insurance polled Washington and Oregon drivers for their perceptions about their own driving … Source: Claims Journal

Global sales of fully electric and plug-in hybrid vehicles rose by a quarter last year to over 17 million cars, helped by a fourth consecutive month of record sales in December as China continued to grow and Europe stabilized, data … Source: Claims Journal

Tesla Inc. surpassed one of Germany’s most prized premium car brands last year, despite selling fewer vehicles than expected. Volkswagen AG’s Audi sold 1.67 million vehicles in 2024, down 12% from a year earlier. Its struggle with intensifying competition in … Source: Claims Journal

Edison International Inc.’s southern California utility was hit with a lawsuit blaming the energy provider’s equipment for igniting one of the wildfires still raging in the second-largest US metropolis. The lawsuit is on behalf of a group of homeowners, renters, … Source: Claims Journal