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Tesla Settles Factory Worker’s Sexual Harassment Lawsuit

Tesla has settled a lawsuit by a former factory employee who says she was fired for complaining about severe sexual harassment, as the electric carmaker faces a series of other cases alleging workplace sex and race discrimination. U.S. District Judge … Source: Claims Journal

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New Report Shows Nuclear Verdicts Surged to $14.5B in 2023

Nuclear verdicts of at least $10 million reached a 15-year high in 2023, while 27 verdicts were “thermonuclear,” or more than $100 million, according to a new study by research firm Marathon Strategies. The report, “Corporate Verdicts Go Thermonuclear,” found … Source: Claims Journal

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Reserve Strengthening for Casualty Lines Not Over: Moody’s

If personal auto insurance loss reserves are developing adversely, can commercial general liability be far behind? That’s the gist of one of the questions that analysts from Moody’s Investors Service asked—and answered—in a new report on the U.S. property/casualty insurance … Source: Claims Journal

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