Archive for July 2024
NHTSA Closes Recall Query Into About 420,000 Volkswagen Vehicles
The U.S. auto safety regulator on Wednesday closed a recall query covering 420,072 Volkswagen vehicles after the automaker acted to fix a potential fuel leak. The recall covered certain VW Golf, Jetta and GTI models and the Audi A3 manufactured … Source: Claims Journal
Read MoreJury Awards $68.5M to Family of Worker Who Fell to Death at Philly Construction Site
A Philadelphia jury has awarded $68.5 million in damages to the widow and son of a 38-year-old construction worker who was killed in 2021 in a fall from a fifth-floor balcony at a luxury townhouse site. Siarhei Marhunou’s widow, Hanna, … Source: Claims Journal
Read MoreGallagher Bassett Acquires NetClaim from NAVEX
Gallagher Bassett acquired NetClaim from NAVEX. NetClaim provides first notice of loss and first report of injury services for risk management clients, insurance carriers and third-party administrators throughout the U.S. NetClaim will join Gallagher Bassett’s incident management team under the … Source: Claims Journal
Read MoreU.S. Workplace Safety Agency Proposes Protections from Extreme Heat
The Biden administration on Tuesday unveiled a long-awaited proposal that would require many U.S. employers to protect 36 million workers from extreme heat. The proposed rule from the U.S. Occupational Safety and Health Administration (OSHA), which enforces workplace safety laws, … Source: Claims Journal
Read MoreReport: Severe Weather Impacting Collision Repair, Auto Insurance
The auto insurance and repair industry must “adapt to new patterns and prepare for an unpredictable future,” according to the Crash Course Q2 2024 report released by CCC Intelligent Solutions Inc., a property/casualty insurance cloud platform provider. The latest report … Source: Claims Journal
Read MoreArturo Names Burke Chief Operating Officer
Arturo named Jordan Burke chief operating officer. Burke will oversee the optimization of Arturo’s internal processes. Burke was previously general manager of the software division at ABB Optical, an insurance verification, e-commerce, and business analytics firm. His prior roles include … Source: Claims Journal
Read MoreU.S. Home Insurance Still Priced Too Low for Climate Risk, Says Swiss Re Chair
This has been a year of insurance sticker shock in the US. But the man who provides insurance to insurers thinks maybe the shock still isn’t enough to steer people away from risk in a changing climate. “There is not … Source: Claims Journal
Read MoreU.S. Auto Sales Set to Slow Amid Higher Rates, Dealer Cyberattack
The rebound in US auto sales likely lost momentum last month as high prices, steep borrowing costs and cyberattacks that hobbled dealerships across the country weighed on deliveries. Vehicle sales will probably slow to an annualized rate of around 15.8 … Source: Claims Journal
Read MoreInsuring the Future: The Metaverse Has Entered the Chat
The digital and physical realms are converging in unprecedented ways, and nowhere is this more evident than in the metaverse. This virtual space, once reserved as the playground of gamers and tech enthusiasts, has evolved from a sci-fi concept to … Source: Claims Journal
Read MoreCDK Expects All Dealers to Be Live by Early July 4
CDK said on Monday it anticipates all dealers to be live on its dealer management system (DMS) by late July 3 or early morning on July 4. The company, which provides software to car dealerships, had briefly shut down all … Source: Claims Journal
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