Uncategorized
Tesla Starts Production of Cybercab Robotaxi, Musk Says
Tesla Inc. has started manufacturing its Cybercab robotaxi, Chief Executive Officer Elon Musk said Friday on his social media site X, fulfilling a long-promised launch at a time when the company’s global sales have slumped. The electric-vehicle maker, which previously … Source: Claims Journal
Read MoreDanaher Reaches $172.5M Settlement With Shareholders Over Post-Pandemic Outlook
Danaher reached a $172.5 million settlement with shareholders who accused the diagnostics and life-sciences company of defrauding them by overstating demand for its equipment as the worst of the COVID-19 pandemic passed. A preliminary settlement was filed on Wednesday with … Source: Claims Journal
Read MoreUS to Speed Insurance Coverage for Breakthrough Medical Devices
Breakthrough medical devices will get faster insurance coverage in the U.S. under a new government program that coordinates coverage with the approval process, streamlining one of the biggest hurdles for patient access and industry sales. The Centers for Medicare and … Source: Claims Journal
Read MoreRimkus Promotes Gaudet and Hensen to Support Built Environment Team
Rimkus made two leadership appointments to support its Built Environment Solutions business across Canada. Walter Gaudet was named vice president of BES Canada, and Michael Hensen was named vice president of technical excellence for BES across North America. Gaudet will … Source: Claims Journal
Read MoreA 16,000% Problem: Why Workers’ Comp Can’t Get Drug Costs Under Control
Pharmacy costs in workers’ compensation continue to climb sharply, despite years of formulary adoption, generic mandates and managed care. The problem lies in a structural gap that makes workers’ comp uniquely vulnerable to pricing abuse. Understanding that gap starts with … Source: Claims Journal
Read MoreJaguar Land Rover Recalling 170,000 US Vehicles Over Loss of Drive Power
Jaguar Land Rover is recalling 170,169 vehicles in the U.S. due to loss of drive power, the U.S. National Highway Traffic Safety Administration said on Thursday. The recall affects multiple models including Range Rover, Discovery, Range Rover Sport, Defender, etc., … Source: Claims Journal
Read MoreLawsuit Accuses JetBlue of Using Personal Customer Data to Raise Fares
JetBlue has been sued in a proposed class action claiming it uses customers’ personal data to set ticket prices, after its response to a social media post raised concern that the carrier employed “surveillance pricing” to make flying more expensive. … Source: Claims Journal
Read MoreToo Tipsy to Drive? German Suppliers Have In-Car Sensor for That
Volkswagen AG, Stellantis NV and Mercedes-Benz Group AG models may soon feature touchscreens able to test blood alcohol levels for drivers. Two German suppliers have come up with in-built sensors to test a driver’s blood alcohol level from a fingertip, … Source: Claims Journal
Read MorePwC Pays $166 Million to Settle HK Evergrande Audit Probe
PricewaterhouseCoopers LLP agreed to pay HK$1.3 billion ($166 million) in fines and compensation to settle investigations into its auditing work for the collapsed property giant China Evergrande Group. Hong Kong’s Accounting and Financial Reporting Council also imposed a six-month suspension … Source: Claims Journal
Read MoreFord Recalling 140,000 US Vehicles Over Damaged Wires
Ranger vehicles in the U.S. as damaged wires can create an electrical short and cause a fire in the A-pillar area, increasing the risk of injury or a crash, the U.S. National Highway Traffic Safety Administration said on Wednesday. The … Source: Claims Journal
Read More