News Archives - Claims Journal

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So far News Archives - Claims Journal has created 16 blog entries.
1 06, 2026

Property Fight That Hit Several Banks Spurs $1.34 Billion Award

By | June 1st, 2026|Uncategorized|Comments Off on Property Fight That Hit Several Banks Spurs $1.34 Billion Award

A years-long dispute over a portfolio of commercial properties in Southern California that sparked credit concerns at several banks last year has led to a roughly $1.34 billion arbitration award. Real estate owner Mohammad Honarkar was “fraudulently induced” into doing …

1 06, 2026

Ex-Shield AI Worker Sues Over ‘Profane, Egregious’ Acts by Senior Official

By | June 1st, 2026|Uncategorized|Comments Off on Ex-Shield AI Worker Sues Over ‘Profane, Egregious’ Acts by Senior Official

A new lawsuit accuses a senior official at Shield AI of “profane, egregious acts” of sexual harassment and alleges fraud and safety issues involving other workers at the defense tech startup. Jacob Miller said in his lawsuit that he was …

1 06, 2026

Verisk: Hail Volatility, Aging Roofs Driving Higher Severity

By | June 1st, 2026|Uncategorized|Comments Off on Verisk: Hail Volatility, Aging Roofs Driving Higher Severity

Average U.S. residential roof replacement costs jumped 33% and repair costs rose 25% in 2025 compared to the prior four-year average despite a sharp decline in claims volume, a new report shows. Verisk’s 2026 U.S. Roof Report shows everyday wind …

1 06, 2026

Honda Recalling 99,000 US Vehicles Over Airbag Issues

By | June 1st, 2026|Uncategorized|Comments Off on Honda Recalling 99,000 US Vehicles Over Airbag Issues

Honda Motor is recalling 98,892 vehicles in the United States over a defect involving unintentional deployment of air bags, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Friday. Related: Stellantis Recalling 419K US Vehicles for Improper Side Air …

1 06, 2026

Trump Administration Wants North American Auto Content at 82%, With Half From US

By | June 1st, 2026|Uncategorized|Comments Off on Trump Administration Wants North American Auto Content at 82%, With Half From US

The Trump administration wants to increase the level of regional content in North American-built vehicles to 82% to qualify for preferential treatment under the U.S.-Mexico-Canada Agreement on trade, with 50% of that value produced in the United States, four people …

29 05, 2026

Jefferies Sued by Fund Investors Alleging Water Firm Fraud

By | May 29th, 2026|Uncategorized|Comments Off on Jefferies Sued by Fund Investors Alleging Water Firm Fraud

Jefferies Financial Group Inc. has been hit with an investor class action lawsuit over bond purchases made by its 352 Capital fund in a water vending machine firm that federal prosecutors have called a scam. According to the complaint filed …

29 05, 2026

Made-in-China EVs Enter Canada Under Deal Carney Struck With Xi

By | May 29th, 2026|Uncategorized|Comments Off on Made-in-China EVs Enter Canada Under Deal Carney Struck With Xi

Chinese-made electric vehicles are beginning to arrive in Canada under a new arrangement that Prime Minister Mark Carney agreed to in January during a visit with China’s President Xi Jinping. The cars will be the first to be imported by …

29 05, 2026

Stellantis Recalling 419K US Vehicles for Improper Side Air Bag Deployment

By | May 29th, 2026|Uncategorized|Comments Off on Stellantis Recalling 419K US Vehicles for Improper Side Air Bag Deployment

Chrysler-parent Stellantis is recalling 419,035 vehicles in the U.S. as a software error could delay the side air bags from deploying during a crash, the U.S. National Highway Traffic Safety Administration said on Friday. This would leave the vehicles non-compliant …

28 05, 2026

CNN Files Suit Against Perplexity Alleging Unlawful Content Distribution

By | May 28th, 2026|Uncategorized|Comments Off on CNN Files Suit Against Perplexity Alleging Unlawful Content Distribution

CNN on Thursday filed a lawsuit against Perplexity, alleging the AI search engine provider is unlawfully distributing its copyrighted content, marking the latest legal tussle between the AI firm and a news publisher. “CNN’s lawsuit stands for the proposition that …

28 05, 2026

NHTSA Opens Probe into 115,000 Rivian Vehicles

By | May 28th, 2026|Uncategorized|Comments Off on NHTSA Opens Probe into 115,000 Rivian Vehicles

The U.S. National Highway Traffic Safety Administration said on Thursday it has opened a preliminary probe into 114,922 Rivian vehicles over an issue with the rear toe link. The issue relates to the company’s R1S and R1T electric vehicles. The …