Archive for August 2024

The parents of a motorcyclist who was killed in a 2022 crash involving a Tesla Model 3 on Autopilot in Utah sued the electric carmaker and the vehicle’s driver, claiming that the driver assistant software and other safety features are … Source: Claims Journal

A U.S. judge in California on Thursday threw out a $4.7 billion verdict against the National Football League in a lawsuit claiming it overcharged subscribers to its Sunday Ticket game telecasts for more than a decade. The ruling by Los … Source: Claims Journal

Apple Inc. said the US government’s antitrust lawsuit accusing the tech giant of monopolizing the smartphone market “bears no relation to reality” and should be tossed out by a federal judge. In a court filing, Apple denied allegations that it … Source: Claims Journal

An analysis of 32,000 aviation industry claims over five years shows crashes and collisions account for well over half the value of all claims. Allianz Commercial’s Aviation Risk, Claims and Insurance Outlook examines an aviation industry beleaguered in recent years … Source: Claims Journal

International treaties preempt state-based legal actions, giving an air transport company an escape from claims on what a hemp producer said was botched paperwork for an overseas hemp shipment, a federal appeals court said. The ruling by the U.S. 4th … Source: Claims Journal

Hurricane-induced damage to properties is a significant concern for residential and commercial structures alike, particularly for heating, ventilation and air conditioning systems. HVAC systems are essential for maintaining indoor air quality and comfort, and their damage can lead to substantial … Source: Claims Journal

Norfolk Southern got a boost during the second quarter from insurance payments related to last year’s disastrous East Palestine derailment, but it also made progress in reducing its expenses and getting more efficient. The Atlanta-based railroad said it earned $737 … Source: Claims Journal

A report from Moody’s Ratings service contends that one good hurricane this year could wipe out the Florida Cat Fund’s reserves, potentially forcing it to place a small surcharge on Florida insurance premiums to finance more debt. But that may … Source: Claims Journal

CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them by concealing how its inadequate software testing could cause the July 19 global outage that crashed more than 8 million computers. In a proposed class action filed … Source: Claims Journal

Software company Pegasystems convinced a Virginia appeals court on Tuesday to throw out a $2 billion jury verdict for rival Appian in a court battle over Pegasystems’ alleged theft of Appian’s trade secrets. The award from 2022 had been the … Source: Claims Journal