Archive for February 2025

Sedgwick completed a strategic reorganization of its U.S. sales team designed to create a national and regional framework aimed at optimizing operations and delivering personalized solutions. Brad Krauss was promoted to executive vice president, head of casualty and specialty business … Source: Claims Journal

Auto and property insurance shopping experienced 20% year-over-year increases in the fourth quarter of 2024, a new report shows. TransUnion’s quarterly insurance trend and perspective report also shows profitability for auto and homeowners insurers was uneven. Property insurers are struggling … Source: Claims Journal

Delta Air Lines Inc. resumed flights at a Toronto airport Tuesday as investigators sift through wreckage from a regional jet that flipped out of control after landing and skidding along the runway before coming to rest upside down. There were … Source: Claims Journal

Johnson & Johnson faces a critical test on Tuesday over its $10 billion proposal to end litigation alleging that its baby powder caused ovarian cancer, as it tries to convince a judge to sign off on its third attempt to … Source: Claims Journal

Zhang Yazhou was sitting in the passenger seat of her Tesla Model 3 when she said she heard her father’s panicked voice: The brakes don’t work! Approaching a red light, her father swerved around two cars before plowing into an … Source: Claims Journal

A Pennsylvania husband and wife are not covered by their homeowners or personal umbrella insurance policies for claims they inflicted emotional distress by hiding the gun their son used to kill a friend and thus delaying discovery of the victim’s … Source: Claims Journal

President Donald Trump said he would unveil new tariffs on automobiles, adding to a wave of sweeping import levies as he seeks to remake global trade relationships and pressure companies to move production to the U.S. “We are going to … Source: Claims Journal

California Insurance Commissioner Ricardo Lara did not approve an emergency, interim 22% rate request from State Farm, instead calling a meeting with the carrier to get some answers about the carrier’s financial situation and more. State Farm General earlier this … Source: Claims Journal

Uber Technologies Inc. is pouring millions of dollars into a national ad campaign to push for reforms in insurance policies that it says have been exploited by personal injury lawyers and contribute to higher ride prices. The San Francisco-based rideshare … Source: Claims Journal

Signs of recent bird flu infection were found in three U.S. veterinarians, two of whom had no known prior exposure, researchers said, suggesting potentially wider spread of the dangerous virus than has been suspected. One of the veterinarians worked with … Source: Claims Journal