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N.J. High Court: E-Scooter Rider Hit by Car Not Eligible for No-Fault PIP Benefits
A man injured when he was hit by a car while he was operating a low speed Segway electric scooter is not entitled to personal injury protection (PIP) benefits under New Jersey’s no-fault auto insurance law, the state’s Supreme Court … Source: Claims Journal
Read MoreVolkswagen Reaches $54M ‘Dieselgate’ Settlement With Italian Owners
Volkswagen and a group representing car owners in Italy have reached an agreement worth more than 50 million euros ($54 million) to end a legal battle over the “dieselgate” emissions scandal, they said on Wednesday. In the settlement, over 60,000 … Source: Claims Journal
Read MoreStudy Shows Longer Freight Trains Have Higher Risk of Derailment
The longer the freight train, the greater the risk of derailment, new research from the Society for Risk Analysis shows. The study draws on the example of the February 2023, East Palestine, Ohio derailment, in which 38 cars from a … Source: Claims Journal
Read MoreGeopolitical Risks: Why Underwriters Are Watching Aggregations
Executive Summary: With instances of violent unrest rising across the globe in recent years, property all-risk insurance programs bore significant losses. One reason is that sublimits for strikes, riots and civil commotion included on the programs were occurrence sublimits. The … Source: Claims Journal
Read MoreTesla Must Face False Advertising Claims it Misled Buyers About Self-Driving
Tesla Inc. must face a proposed class-action lawsuit alleging that it misled consumers about its cars’ self-driving capabilities, a fresh setback for the electric-car maker just as Chief Executive Officer Elon Musk has staked the company’s future on autonomy. Tesla … Source: Claims Journal
Read MoreNerdWallet: 1-in-5 Polled Say They Lied on Insurance Application
A new survey shows one-fifth of respondents admitted to intentionally providing incorrect information on an insurance application. NerdWallet and The Harris Poll conducted an online survey of more than 2,000 U.S. adults. It shows 21% have admitted to intentionally providing … Source: Claims Journal
Read MoreExxon Hit With $726 Million Verdict Over Benzene and Cancer
A jury in Philadelphia found Exxon Mobil Corp. liable for $725.5 million in damages due a former mechanic who claimed its petroleum products exposed him to benzene that caused his cancer, according to his lawyers. The jury found that the … Source: Claims Journal
Read MoreGM’s Cruise Pays More Than $8 Million in Robotaxi Settlement
General Motors Co.’s autonomous-car unit reached an $8 million to $12 million settlement with a pedestrian who was dragged by one of its vehicles in San Francisco, according to a person familiar with the situation. The settlement was struck earlier … Source: Claims Journal
Read MoreBoeing at Risk of Prosecution for Breaking Deal Over Crashes
Boeing Co. faces possible criminal prosecution after the US Justice Department found the company violated a deferred-prosecution agreement tied to two fatal crashes half a decade ago, intensifying the crisis engulfing the embattled US planemaker. The company breached the $2.5 … Source: Claims Journal
Read MoreNHTSA Probes Amazon-Owned Zoox Self-Driving Vehicles After Crashes
The U.S. National Highway Traffic Safety Administration (NHTSA) said it has opened an investigation into Amazon.com’s self-driving Zoox vehicles due to unexpected braking leading to two rear-end collisions that injured motorcyclists. The NHTSA said it had opened its preliminary evaluation … Source: Claims Journal
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