Uncategorized
American Airlines Sued by Family of Man Killed in Fatal Crash
American Airlines Group Inc. was sued by the wife of a passenger killed in January when one of its regional jets collided with a military helicopter near Washington, one of the deadliest U.S. air disasters in decades. Lawyers for Rachel … Source: Claims Journal
Read MoreJudge Orders $50M Payment for Helicopter Crash Death
A North Carolina judge has ordered $50 million be paid to the family of a Charlotte TV station meteorologist who was killed in a helicopter crash three years ago after finding the companies that owned and operated the aircraft liable … Source: Claims Journal
Read MoreStudy: 7% of Monthly Home Ownership Costs Going to Property Insurance
Homeowners in some of the biggest U.S. metros are paying up to 7% of their monthly home ownership costs for insurance, according to a new study. Roughly $146 of the typical $2,077 monthly housing bill is dedicated to property insurance, … Source: Claims Journal
Read MoreEdison to Open LA Fire Compensation Applications by Thanksgiving
Edison International expects to begin accepting applications “well before” Thanksgiving to compensate victims of the deadly Eaton Fire that destroyed swaths of the Los Angeles area in January, according to CEO Pedro Pizarro. That puts the utility company’s wildfire recovery … Source: Claims Journal
Read MoreAmazon’s Zoox Seeks US Approval for Driverless Car Deployment
Zoox is seeking wider clearance from U.S. regulators to operate self-driving cars that lack traditional driving controls, suggesting that the autonomous-vehicle subsidiary of Amazon.com Inc. is preparing for broader commercial deployment. Zoox requested exemptions from U.S. vehicle safety standards field … Source: Claims Journal
Read MoreUS Lowers Tariffs on EU Autos to 15%, Cementing Trade Deal Terms
The U.S. lowered tariffs on auto imports from the European Union to 15% retroactive to Aug. 1, cementing the terms of the framework trade agreement the two sides struck this summer. The Department of Commerce and Office of the U.S. … Source: Claims Journal
Read MoreRivian Faces US Safety Probe Over Electric Delivery Vans
U.S. auto safety regulators opened an investigation into Rivian Automotive Inc. over issues with the seat belts in its electric delivery vans that could introduce additional risk in the event of a crash. The National Highway Traffic Safety Administration said … Source: Claims Journal
Read MoreTyphoon Ragasa Nears China Coast After Lashing Hong Kong, Killing 15 in Taiwan
Hong Kong has weathered the worst of Super Typhoon Ragasa, which is moving away from the financial hub and is set to cross China’s southern coast later Wednesday, where it’s expected to dump torrential rain. Ragasa has killed at least … Source: Claims Journal
Read MoreThese EV Truck Makers Aim to Redefine ‘Affordable’
A decade ago, someone in the market for a new car with less than $25,000 to spend, had 43 different models to choose from. Today, there are five, according to Cox Automotive. None is electric. But stalwarts like Ford Motor … Source: Claims Journal
Read MoreSolving the Talent Gap in Insurance Claims: Acquiring, Retaining and Empowering Talent
The insurance industry’s ability to serve clients and maintain profitability hinges on the effectiveness of its claims management function. This is never more important than in a softening market where claims management can be a significant differentiator in attracting business. … Source: Claims Journal
Read More