For over a decade, I helped build the legal e-billing and review industry. I sat across the table from vice presidents of claims at major carriers, making the case that systematic invoice auditing was a fiduciary imperative. The logic seemed …
A raft of European countries could face a one-notch credit rating downgrade if tensions with the U.S. over Greenland fracture NATO and raise the prospect of more trouble with Russia, Fitch’s top sovereign analyst said on Thursday. Fitch already applies …
Trump administration officials vowed to keep US coal power plants operating, casting it as an imperative to meet surging electricity demand and drive a revival of the nation’s industrial base. “The goal is 100% open,” said Interior Secretary Doug Burgum. …
Publishers Hachette Book Group and Cengage Group asked a California federal court on Thursday for permission to intervene in a proposed class action lawsuit against Google over the alleged misuse of copyrighted material used to train its artificial intelligence systems. …
An exchange-traded fund tied to bets on natural disasters has started trading in London, after becoming the first such ETF to attract a lead market maker. The KRC Cat Bond UCITS ETF was launched with the goal of drawing more …
Allstate can move forward in its recovery of $4.7 million it paid to settle fraudulent medical claims with a Houston, Texas medical facility, the Fifth Circuit has ruled. The federal appellate court reversed a lower court’s ruling that Allstate’s RICO …
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, …
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 …