GTCR and Elliott Investment Management are acquiring car-insurance software provider CCC Intelligent Solutions Holdings Inc. for about $4.6 billion. Under the terms of the agreement, CCC stockholders will receive $7.75 in cash for each share of CCC common stock. That …
Hyundai Motor America 005380.KS is recalling 94,622 vehicles in the US over a risk of fire while parked or driving due to the possibility of some front power seat motors overheating, the US National Highway Traffic Safety Administration said on …
Chubb Limited said it made three leadership appointments within its global claims organization. Lisa Wilson has been named head of North America claims, overseeing all aspects of North America commercial and personal lines claims and services, effective immediately. Wilson will …
The share of auto insurance claims flagged as total losses reached 23.5% in the first half of the year, up slightly from a year earlier, a new report shows. The 2026 Crash Course Mid-Year Update from CCC Intelligent Solutions shows …
French supermarkets are facing millions of euros in losses after a cyberattack forced them to throw away food, in a crisis that is not typically covered by cyber insurance policies but could still lead to higher premiums in future, insurers …
New York City is suing a Manhattan law firm for allegedly running a multimillion dollar personal injury fraud scheme by filing as many as 15 injury claims against the city on behalf of people allegedly harmed due to roadway defects. …
The judge in Apple Inc.’s high-stakes trade-secret theft case against OpenAI said he’s “highly likely” to grant the iPhone maker an injunction barring use of its proprietary information by former employees now at the artificial intelligence startup. U.S. District Judge …
More than 345,000 homes and businesses across California are facing potential power cuts this week during what’s expected to be a days-long onslaught of dangerous fire weather conditions. With drying winds forecast to blow through much of the state through …
The U.S. Department of Justice began a third phase of compensation for victims of Western Union fraud. An additional $3.4 million is being distributed to 1,294 victims, and the department has reopened the petition process for victims who did not …
