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InsurTechs Highlight New Approaches to Wildfire Insurance

While the Southern California fires that sparked in high-wind conditions last week inch closer toward containment, estimates of insured losses continue to creep higher. CoreLogic said in a Thursday briefing that the industry price tag of the Palisades and Eaton … Source: Claims Journal

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US Closes Safety Investigation of GM’s Cruise Robotaxi Unit

U.S. auto safety regulators ended a federal investigation into Cruise robotaxis without taking action, removing an overhang weeks after General Motors Co. decided to shutter the struggling business. The National Highway Traffic Safety Administration had opened a preliminary evaluation in … Source: Claims Journal

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Southwest Air Faces US Lawsuit for ‘Chronic Flight Delays’

Southwest Airlines Co. was sued by the U.S. Transportation Department for allegedly violating rules that require airlines to set and meet realistic flight schedules. The carrier was responsible for “unlawful chronic flight delays” that disrupted passengers’ travel plans, the agency … Source: Claims Journal

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