Archive for March 2024

The odds of a weather-roiling La Niña in the coming months are rising, elevating the risk of an unusually active Atlantic hurricane season. The chances of La Niña, a cooling of the equatorial Pacific, rose to 82% for August, September … Source: Claims Journal

Reckitt Benckiser Group Plc’s chief executive officer vowed to fight to overturn a verdict that blamed one of the company’s Enfamil formulas for the death of a premature baby. Enfamil Premature 24 “is safe and critical and we have no … Source: Claims Journal

Do motorist-assistance systems like GM’s OnStar feed data to auto insurers, resulting in higher premiums for some drivers? A south Florida man says indeed, they do, and has filed a proposed class-action lawsuit against General Motors and LexisNexis Risk Solutions, … Source: Claims Journal

California’s property insurer of last resort told lawmakers that it’s financially unprepared to cover the costs of a major catastrophe in the state. The plan now faces $311 billion in potential losses, up from $50 billion six years ago, California … Source: Claims Journal

UnitedHealth Group Inc. said it advanced more than $2 billion to medical providers after a cyberattack on the company’s Change Healthcare subsidiary last month halted billions of dollars in medical payments. Health-insurance industry leaders are meeting with US officials Monday … Source: Claims Journal

Uber agreed to pay A$271.8 million ($178 million) to compensate thousands of taxi drivers in Australia who claimed they lost income when the ride-share company entered the local market. Uber Technologies Inc. settled the class action brought by more than … Source: Claims Journal

An Illinois jury has ordered Reckitt Benckiser unit Mead Johnson to pay $60 million to the mother of a premature baby who died of an intestinal disease after being fed the company’s Enfamil baby formula. The jury in an Illinois … Source: Claims Journal

A Broward County jury has decided that the Cleveland Clinic Florida should pay almost $32 million to the estate of a man who was not put in intensive care after suffering septic shock and who later died. The jury found … Source: Claims Journal

Roughly one-third of Americans think it is a good idea for insurance companies to use AI, a new survey shows. The survey was conducted online in January with more than 1,000 adult participants across the U.S. Respondents were asked eight … Source: Claims Journal

A new study shows fentanyl is potentially becoming a road-safety problem. The study, from researchers at Jerry, a car insurance savings app, examined crash, drug test and population data from the National Highway Traffic Safety Administration between 2018 and 2021. … Source: Claims Journal