Allstate Insurers Sue Hyundai, Kia to Pay for Claims From Defective Cars November 15, 2024 By Chad Hemenway A group of subsidiaries of Allstate have filed a subrogation suit against Hyundai and Kia to get back costs paid...
New Hampshire High Court Invalidates Geico Underinsured Claim Provision November 15, 2024 A claim provision requiring insureds to seek underinsured benefits from their auto insurer within three years of an accident is...
Sedgwick: US Product Recalls on Pace to Hit 6-Year High November 15, 2024 If the pace of product recalls continues in the fourth quarter, the number will reach a six-year high by the...
NHTSA Issues $165M Civil Penalty and Consent Order to Ford for Recalls November 14, 2024 The National Highway Traffic Safety Administration on Thursday announced a consent order with Ford Motor Co. for failing to comply...
Apple Faces UK Class Action Over Data Storage Allegations November 14, 2024 By Eleanor Thornber Apple Inc. faces a lawsuit from a U.K. consumer group over allegations its monopoly on data storage breaches competition law,...
PE Firm Cornell Sued Over $345 Million Instant Brands Dividend November 14, 2024 By Jonathan Randles Cornell Capital LLC, the former owner of Instant Brands, was accused of misleading lenders about the company’s performance in order...
Ex-Managing Director Ravich Sues TCW Over Firing ‘for Cause’ November 14, 2024 By Chris Dolmetsch TCW Group Inc. was sued by former group managing director Jess Ravich, who claims the asset manager made up grounds...
Fake Bear Attacks on Car for Fraudulent Insurance Claims Lead to Arrests November 14, 2024 Four Los Angeles area residents were arrested after a California Department of Insurance investigation reportedly found the suspects allegedly committed...
Report: Decline in Worker Death Investigations Related to Focus on Safety November 14, 2024 Fewer workers are dying from hazards where the federal safety resources have been focused, according to a new report. Preliminary...
Aspire Names Braud Vice President of Casualty Claims November 14, 2024 Jeremy Braud joined Aspire General Insurance as vice president of casualty claims. Braud has more than 20 years of industry...