Posts by Y@DminG

Tesla Inc.’s robotaxis have been involved in over a dozen crashes in Austin since service began, according to reports the carmaker has made to regulators. The electric vehicle maker has said its nascent robotaxi business has been involved in 14 … Source: Claims Journal

Vanderbilt Minerals, which mines materials used in industrial products, filed for bankruptcy after its cash flow was overwhelmed by an increase in lawsuits that accuse the company of once selling items contaminated by asbestos. The firm, which denies that its … Source: Claims Journal

Munich Re’s primary insurance unit Ergo aims to cut about 1,000 positions in Germany, partly as a result of its increased use of artificial intelligence. The cuts affect simple and repetitive tasks in telephony and claims processing, a spokesman said … Source: Claims Journal

Bayer AG is preparing to announce a $10.5 billion settlement push to resolve current and future cancer lawsuits over its top-selling Roundup weedkiller, according to people familiar with the plan. The German conglomerate is set to propose a $7.5 billion … Source: Claims Journal

Brian Deephouse, vice president and chief actuary at Auto Club Enterprises, was elected chair of the Insurance Institute for Highway Safety’s board of directors and Dawn Lee, chief product and underwriting officer at PEMCO Mutual Insurance Company, will continue as … Source: Claims Journal

OpenAI, the maker of the most popular AI chatbot, used to say it aimed to build artificial intelligence that “safely benefits humanity, unconstrained by a need to generate financial return,” mission statement. But the ChatGPT maker seems to no longer … Source: Claims Journal

JPMorgan Chase must face part of a proposed class action lawsuit accusing the largest U.S. bank of paying brokerage and retirement account holders near-zero interest rates instead of market rates on their idle cash, a federal judge ruled. Customers alleged … Source: Claims Journal

A jury in Pennsylvania state court on Friday awarded $250,000 to the family of a woman who sued Johnson & Johnson alleging its talc-based baby powder was to blame for her ovarian cancer, according to an attorney for plaintiffs in … Source: Claims Journal

The Paris prosecutor’s office opened probes into allegedly tainted infant formula distributed by Nestlé SA, Danone, Groupe Lactalis and two other brands. The investigation involves potential charges of “deception regarding goods that pose a danger to human health,” which can … Source: Claims Journal

The Los Angeles wildfires that kicked off 2025 not only sped up a statewide homeowners insurance market pullback, they also played a part in an ongoing reshaping of California’s surplus lines market, according to a new report. The state’s surplus … Source: Claims Journal