Archive for January 2025
Meta to Pay $25 Million to End Trump Lawsuit Over Jan. 6 Ban
Meta Platforms Inc. agreed to pay $25 million to resolve Donald Trump’s claims that his ban from the company’s social media networks after the Jan. 6, 2021, riot at the U.S. Capitol was illegal censorship, a lawyer for the president … Source: Claims Journal
Read MoreAlphabet’s Waymo to Test Its Autonomous Driving Technology in 10 New Cities
Alphabet’s self-driving unit Waymo announced on Wednesday it plans to expand testing of its autonomous driving technology in over 10 new cities in 2025. After testing the Waymo Driver in multiple cities, the company says the technology is adapting successfully … Source: Claims Journal
Read MorePimco Warns LA City Utility Faces Steep Liabilities After Fires
The Los Angeles Department of Water and Power is facing the risk of significant financial liability for damages in the utility’s response to the Palisades Fire, according to Pacific Investment Management Co. “Given the sheer size of insured and uninsured … Source: Claims Journal
Read MoreSpotify Wins Dismissal of Lawsuit Over Reduced Royalty Payments
Spotify Technology SA won dismissal of a lawsuit alleging it made a change to its premium service that cheated songwriters out of royalties. US District Judge Analisa Torres on Wednesday threw out the suit, filed in May by the Mechanical … Source: Claims Journal
Read MoreLawsuit Accuses Amazon of Secretly Tracking Consumers Through Cellphones
Amazon.com was sued on Wednesday by consumers who accused the retailing giant of secretly tracking their movements through their cellphones, and selling data it collects. According to a proposed class action in San Francisco federal court, Amazon obtained “backdoor access” … Source: Claims Journal
Read MoreAI-Driven Vehicle Inspection Startup UVeye Raises $191M in Equity, Debt
UVeye, a startup that uses AI-driven technology to inspect vehicles to avoid defects and target repairs, said on Wednesday it has raised $191 million in debt and equity to scale up production in North America and Europe. The company’s $41 … Source: Claims Journal
Read MoreFire Destroys Air Busan Plane in South Korea, All 176 Evacuated
A fire broke out on a plane operated by Air Busan Co. at a local airport in South Korea late Tuesday, with everyone on board evacuated. Flight BX391, departing from Gimhae International Airport, was preparing to take off from Busan … Source: Claims Journal
Read MoreUS Economic Losses From Natural Disasters Soared in 2024
Economic losses from hurricanes and other natural disasters soared in the U.S. last year and were above average globally, reflecting another year of costly severe storms, floods and droughts. Damage caused by Hurricanes Helene and Milton helped push total economic … Source: Claims Journal
Read MoreOceans Are Warming Faster and Faster as the Earth Traps More Energy
The world’s oceans are warming four times faster than they were in the late 1980s, according to a new study. The alarming acceleration helps explain why 2023 and 2024 saw unprecedented ocean temperatures — and more extreme storms. The findings … Source: Claims Journal
Read More2025 Claims Management: A Year of Transformation, Strict Regulations or Business-as-Usual?
Driven by technological advancements, evolving workplace dynamics, and an ever-changing regulatory environment, significant shifts have emerged in how workers’ compensation claims are managed. The pace of change is unlikely to slow, prompting the need for adaptation in claims handling processes. … Source: Claims Journal
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