Vehicle manufacturer Tesla has won dismissal of a product liability lawsuit claiming that a defective touchscreen in a 2021 Tesla caused an accident. Judge Nelson Roman in federal district court in New York granted Tesla summary judgment because the woman …
Venezuela’s oil industry is running its day-to-day operations via phone calls and handwritten reports in the month since a cyberattack on state-owned oil giant Petróleos de Venezuela SA. A Dec. 15 attack shut down PDVSA’s system, leaving the company to …
Federal lawmakers have begun to discuss numerous pieces of legislation focusing on the evolving automobile industry, with legislation addressing consumer data rights, parts and repair, pedestrian safety, driver-assistance technology and even catalytic-converter theft. In preparation for a hearing Jan. 13, …
Bona fide expertise in Florida property insurance law is inching closer to reality, with new rules and new education initiatives. The Florida Bar’s Board of Governors in September approved proposed rules for a certification in insurance coverage law, and a …
Mike Bundra, auto technical claim director at Allstate Insurance Company, has been named to the Plasnomic Plastic Repair Alliance Council. Bundra joins a group of executives from some of the industry’s largest organizations, working to unify best practices for automotive …
Greensill Bank, a subsidiary of collapsed finance firm Greensill Capital, is suing Britain’s business department for just over 330 million pounds ($441.7 million) after it canceled guarantees for COVID-19 business loans, court documents showed. The administrators of the German-based bank …
Trump administration officials said on Friday that Canada would regret its decision to allow China to import up to 49,000 Chinese EVs, and that those cars would not be allowed to enter the United States. “I think they’ll look back …
Insurica, one of the largest U.S. brokerages, announced it has acquired Florida-based First Light Program Managers, a wholesale brokerage and delegated underwriter specializing in trucking and marine coverage. The acquisition, effective this month, is the largest in the 67-year history …
Deadly floods prompted South Africa’s iconic Kruger National Park to shut to further visitors, after extreme rainfall killed dozens in the northeast of the country and neighboring Mozambique. The South African Weather Service on Thursday issued its highest weather warning …
Lloyd’s, the insurance and reinsurance marketplace, announced that Jim Bichard has been appointed as chief financial officer. He will start in April 2026 and will become a member of Lloyd’s Executive Team, reporting directly to Patrick Tiernan, chief executive, and …