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GM to Recall 21,000 U.S. Electric SUVs Over Braking Concerns
General Motors is recalling 21,469 electric SUVs in the U.S. over concerns of an unexpected activation of the anti-lock brake system, and will remedy the issue through an over-the-air update, the National Highway Traffic Safety Administration said on Tuesday. The … Source: Claims Journal
Read MoreAvon Products Files for Bankruptcy to Wrangle Talc Lawsuits
Avon Products Inc., owner of the beauty brand known for its door-to-door saleswomen, filed for bankruptcy after facing a wave of lawsuits alleging talc in its products caused cancer. The company filed for Chapter 11 in Delaware on Monday as … Source: Claims Journal
Read MoreReport: 2.6M Homes with a Cost of $1.3 Trillion at Moderate to Very High Risk of Wildfire
More than 2.6 million homes across 14 states with a total reconstruction cost of $1.3 trillion are at moderate to very high risk of wildfire damage during the 2024 wildfire season, a new report shows. The 2024 CoreLogic Wildfire Risk … Source: Claims Journal
Read MoreNew Report Outlines How Tech Is Used to Target Transportation, Logistics Sectors
In 2022, a covert practice by unscrupulous lawyers targeting insurers was uncovered by Demotech Inc., a financial analysis firm serving the property/casualty insurance sector. Demotech’s research conducted with Todd Kozikowski exposed troubling trends detailed recently. A sharp rise in claims … Source: Claims Journal
Read MoreTesla Sued by Family of Electrician Who Died at Austin Facility
The family of a Texas man who died while working at Tesla’s Austin-area facility last week is suing the electric vehicle company and his employer. The lawsuit said the worker, Victor Joe Gomez Sr., was at the facility on Aug. … Source: Claims Journal
Read MorePlaintiffs in Lawsuit Vs. NCAA Ask Judge to Deny Preliminary Approval of Billion Settlement
Plaintiffs’ attorneys in a federal antitrust lawsuit against the NCAA that is not part of a recent $2.78 billion settlement agreement filed a motion asking a judge to deny preliminary approval of the deal. Attorneys in Fontenot v. the NCAA, … Source: Claims Journal
Read MoreJ&J Gets Plaintiff Backing for $6.5 Billion Baby Powder Accord
Johnson & Johnson has cleared a key hurdle for advancing a $6.5 billion plan to resolve thousands of lawsuits by people who say its baby powder gave them cancer, according to people familiar with the matter. More than 75% of … Source: Claims Journal
Read MoreHurricane Debby’s Florida Claims Already Near 12,000
The number of Florida claims from Hurricane Debby, filed within five days of the storm, already is almost half of the the number of claims filed in Hurricane Idalia in a three-month period. Debby claims by Friday had reached more … Source: Claims Journal
Read MoreHawaiian Electric Pegs Loss at $1.7 Billion From Maui Fire
Hawaiian Electric Industries Inc. pegged losses from estimated accrual of liabilities stemming from one of the worst wildfires in US history at $1.7 billion and issued a going-concern warning. Hawaiian Electric said last week that it had agreed to pay … Source: Claims Journal
Read MoreStudent-on-Employee Workers’ Compensation Assault Claims Drop: Gallagher Basset
The number of workers’ compensation claims for student-on-school-employee assault dropped significantly during the 2023-24 school year, according to data from Gallagher Basset. This change comes after two years of increasing claims following the 2020-21 school year. Citing client numbers covering … Source: Claims Journal
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