Archive for January 2025
Global Electric Vehicle Sales Up 25% In Record 2024
Global sales of fully electric and plug-in hybrid vehicles rose by a quarter last year to over 17 million cars, helped by a fourth consecutive month of record sales in December as China continued to grow and Europe stabilized, data … Source: Claims Journal
Read MoreTesla Overtakes Audi in Global Car Sales for the First Time
Tesla Inc. surpassed one of Germany’s most prized premium car brands last year, despite selling fewer vehicles than expected. Volkswagen AG’s Audi sold 1.67 million vehicles in 2024, down 12% from a year earlier. Its struggle with intensifying competition in … Source: Claims Journal
Read MoreEdison Utility Sued Over Role of Equipment in Los Angeles Fire
Edison International Inc.’s southern California utility was hit with a lawsuit blaming the energy provider’s equipment for igniting one of the wildfires still raging in the second-largest US metropolis. The lawsuit is on behalf of a group of homeowners, renters, … Source: Claims Journal
Read MorePurdue’s Sacklers Offer to Increase Contribution in New Opioid Settlement, WSJ Reports
The Sackler family, owners of Purdue Pharma, is offering to increase their financial contribution to a bankruptcy settlement of opioid lawsuits, while agreeing to some exposure to future litigation, the Wall Street Journal reported on Monday. Some family members who … Source: Claims Journal
Read MoreUS Supreme Court Rejects Bid by Oil Companies to Toss Honolulu’s Climate Suit
The U.S. Supreme Court declined on Monday to hear a bid by Sunoco and other oil companies to scuttle a lawsuit by Honolulu accusing them of misleading the public for decades about the dangers of climate change induced by the … Source: Claims Journal
Read MoreLos Angeles Fires Rage as High Winds Set to Return This Week
At least two rounds of vicious, dry Santa Ana winds are expected to blast through Southern California early this week, bringing powerful gusts that will challenge fire crews struggling to contain two destructive blazes and likely force thousands more residents … Source: Claims Journal
Read MoreApple Fights $1.8B App Store Suit in First of UK Class Actions Against Tech Giants
Apple has abused its dominant position by charging app developers an unfair 30% commission through its App Store, costing British consumers up to 1.5 billion pounds ($1.8 billion), a London tribunal heard on Monday. The U.S. tech company is facing … Source: Claims Journal
Read MoreMercury General Wildfire Losses Will Hit Reinsurance Cover. One Event?
Mercury General Corporation said it expects losses from wildfires burning in California since Jan. 7 to exceed its $150 million reinsurance retention, without providing a specific dollar estimate of losses the company expects to incur. The first publicly traded U.S. … Source: Claims Journal
Read MoreUS Sues Airbnb After Host Rejected Rental to Mother With Children
The U.S. government sued Airbnb Friday, alleging housing discrimination after a host refused to rent an apartment to a mother with three school-age children. In a complaint filed in San Francisco federal court, the Department of Justice said the home … Source: Claims Journal
Read MoreChicken, Pork Plant Workers Face Higher Health Risks, USDA Studies Confirm
Workers in U.S. chicken and pork plants face higher risks than other manufacturing workers for musculoskeletal disorders such as carpal tunnel syndrome, according to two studies the U.S. Department of Agriculture issued on Friday. The findings highlight health concerns for … Source: Claims Journal
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