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Toyota Files $361 Million South Africa Flood Damage Lawsuit: BD Report

Toyota Motors Corp. has introduced a lawsuit for six.5 billion rand ($361 million) in a South African courtroom for 2022 flood damages that shuttered its plant close to Durban, Enterprise Day reported.
The declare towards Transnet SOC Ltd., the KwaZulu-Natal Division of Transport and eThekwini Municipality has been introduced within the excessive courtroom in Durban by Toyota South Africa Motors’ insurer, Tokio Marine & Nichido Hearth Insurance coverage.
It alleges that the floods, which closed the Prospecton plant for 4 months, value the corporate about 4.5 billion rand in plant repairs and rehabilitation and greater than 2 billion rand in enterprise interruption, the newspaper reported. The swimsuit, which claims curiosity on the sum, alleges that by failing to take care of waterways and drainage techniques that carried the floodwater, the three defendants shared duty for the injury.
“A profitable case on behalf of Toyota might encourage others to hunt compensation from municipalities and state-owned enterprises whose failure to ship causes them losses,” Enterprise Day cited a lawyer unconnected to the case.
Instantly after the flood, Toyota predicted a 33% drop in deliberate car manufacturing in 2022 and potential gross sales income losses of over 27 billion rand, the newspaper reported.
Prospecton builds the Hilux pickup truck, the Fortuner SUV, Quest and Corolla Cross automobiles, HiAce minibuses and Hino vehicles and buses. About half of manufacturing is exported, primarily to Europe.
The 2022 KwaZulu-Natal floods and landslides have been declared a nationwide catastrophe and left greater than 400 individuals useless.
{Photograph}: The Toyota plant after resuming manufacturing following flooding, in Durban, South Africa, in 2022. Photograph credit score: Waldo Swiegers/Bloomberg
Copyright 2025 Bloomberg.
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Houthi Rebels Sink Ship in Red Sea, Killing at Least 4 With 11 Missing: EU Naval Mission

The replace from the EU’s Operation Aspides got here as non-public safety forces proceed to seek for survivors from the Eternity C, a Greek-owned bulk provider that sank on Wednesday.
Ten individuals had been recovered alive from the assault, together with eight Filipino crew members and a Greek and Indian from the vessel’s three-man safety group, the EU operation stated.
Learn extra: Red Sea Insurance Premium Spikes as Houthi Risks Return
Fifteen individuals stay unaccounted for, together with the 4 presumed useless, the mission stated.
“All close by vessels are suggested to have a pointy look out,” the EU mission stated.
The Houthis have stated they maintain a number of the crew. The U.S. Embassy in Yemen — which has operated from Saudi Arabia for a couple of decade — has described the Houthis as having “kidnapped” the mariners.
The dying toll is the best from any seaborne assault carried out by the Iranian-backed Houthis within the essential maritime commerce route the place $1 trillion in cargo as soon as handed by means of yearly.
The rebels say they’re attacking ships to help Palestinians within the Gaza Strip throughout the Israel-Hamas struggle, and have in complete sank 4 vessels and killed sailors who had no direct function within the struggle.
The assault on the Eternity C adopted the sinking of the majority provider Magic Seas in the same assault final weekend. Neither the European naval pressure nor the U.S. had been escorting the 2 vessels once they had been attacked.
The Houthis have held mariners up to now. After seizing the car provider Galaxy Chief in November 2023, the rebels held the crew till January this 12 months.
From November 2023 to December 2024, the Houthis focused greater than 100 ships with missiles and drones. The stopped their assaults throughout a short ceasefire within the struggle. They later turned the goal of an intense weekslong marketing campaign of airstrikes ordered by U.S. President Donald Trump earlier than he declared a ceasefire had been reached with the rebels.
A brand new doable ceasefire within the Israel-Hamas struggle — in addition to the way forward for talks between the U.S. and Iran over Tehran’s battered nuclear program — stay within the stability.
{Photograph}: This picture launched by Ansar Allah Media Workplace in Yemen exhibits the Liberian-flagged bulk provider Eternity C is seen because it sinks within the Crimson Sea, Wednesday, July 9, 2025.( Ansar Allah Media Workplace by way of AP)
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Tesla Plans Robotaxi Expansion to California and Arizona

Tesla Inc. is aiming to convey its driverless taxis to California and Arizona because the carmaker plots an growth on the heels of final month’s restricted rollout in Austin.
Chief Government Officer Elon Musk predicted on his social media service X that Tesla robotaxis may launch within the San Francisco Bay space “in all probability in a month or two,” pending regulatory approvals. The carmaker plans to broaden its service space in Austin this weekend, he mentioned.
Tesla has additionally contacted the Arizona Division of Transportation to start the certification course of for autonomous car ride-sharing, the state company instructed Bloomberg in an emailed assertion. Tesla has expressed curiosity in working throughout the Phoenix metropolitan space, the transportation division mentioned. A choice on the corporate’s purposes — together with for operations with and and not using a driver — is predicted by the top of this month.
The automaker didn’t reply to a request for touch upon the Arizona discussions, which haven’t been beforehand reported.
Musk is reorienting Tesla round futuristic pursuits like driverless autos, synthetic intelligence and humanoid robots as its conventional automotive enterprise struggles. The CEO has an extended observe report of providing timelines associated to autonomous-driving ambitions that the corporate fails to fulfill.
In one other X put up on Thursday, Musk mentioned that Grok, the chatbot developed by his startup xAI, might be coming to Tesla autos “subsequent week on the newest.”
Tesla shares jumped 4.7% Thursday in New York. The inventory is down 23% this 12 months.
Tesla not too long ago made its long-awaited autonomous ride-hailing service obtainable to a small group of supporters and shareholders in a restricted space of Austin. The carmaker has indicated earlier than that California could be up subsequent after Texas.
Bloomberg first reported in February that the corporate had utilized late final 12 months for what’s referred to as a transportation charter-party service allow from the California Public Utilities Fee.
Associated: NHTSA Contacts Tesla on Robotaxi Issues Seen in Online Videos
Tesla has instructed California Division of Motor Autos officers that it plans to take a phased method to working within the state, beginning with giving workers pre-arranged rides utilizing a security driver.
Tesla has not utilized for both a driverless testing or deployment allow with the DMV, the company mentioned late Thursday.
“Tesla has held an autonomous car testing allow for public highway testing with a security driver since 2014,” mentioned the DMV in an e mail. “If Tesla intends to conduct driverless testing or deploy autonomous expertise, it should apply for the suitable allow.”
Learn Extra: Tesla Units Sights on Waymo, Uber in California Trip-Hail Bid
Buyers are carefully looking forward to robotaxi growth, which may very well be sophisticated by regulatory hurdles, technological limitations or visitors incidents. US auto security regulators have already got mentioned they’re trying into Tesla robotaxis showing to violate visitors legal guidelines the primary day they have been deployed in Austin.
Whereas the Texas launch concerned solely a handful of Mannequin Y autos, Musk has mentioned Tesla will develop to a thousand autos inside a couple of months, and later introduce a purpose-built Cybercab with no pedals or steering wheel.
If Tesla could make good on its growth plans, analysts have mentioned it may pose a menace each to autonomous-taxi firms led by Waymo, and commonplace ride-hailing suppliers together with Uber Applied sciences Inc.
“This speedy robotaxi deployment may spell the start of Tesla’s assault on current shared mobility fashions, together with different robotaxi community operators,” Alexander Potter, an analyst with Piper Sandler, mentioned in a word Thursday. “The quicker this roll-out progresses (with out main accidents), the higher it will likely be” for Tesla’s inventory.
High Picture: A Tesla Inc. robotaxi in Austin. (Tim Goessman/Bloomberg)
Copyright 2025 Bloomberg.
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T-Mobile Ending DEI Programs as it Seeks FCC Approval for 2 Deals

Wi-fi provider T-Cell US mentioned on Wednesday it’s ending its variety, fairness and inclusion packages, underneath stress from the Trump administration because it seeks regulatory approval for 2 main offers.
T-Cell mentioned in a letter to Federal Communications Fee Chair Brendan Carr made public on Wednesday that the wi-fi firm is ending its DEI-related insurance policies “not simply in identify, however in substance.”
T-Cell mentioned it is going to now not have any particular person roles or groups centered on DEI, is eradicating any references to DEI on its web sites and has eliminated references to DEI from its worker coaching supplies.
Carr mentioned in a textual content message he was happy with the adjustments. “That is one other good step ahead for equal alternative, nondiscrimination and the general public curiosity.”
T-Cell is awaiting FCC approval to purchase virtually all of regional provider United States Mobile’s wi-fi operations together with prospects, shops and 30% of its spectrum belongings in a deal valued at $4.4 billion.
The FCC can also be weighing a separate transaction wherein T-Cell would set up a three way partnership with KKR to accumulate web service supplier Metronet, which reaches greater than 2 million properties and companies in 17 states.
T-Cell plans at closing to speculate about $4.9 billion to accumulate a 50% fairness stake within the three way partnership and 100% of Metronet’s residential fiber retail operations and prospects.
FCC Commissioner Anna Gomez, a Democrat, criticized T-Cell’s motion saying “in yet one more cynical bid to win FCC regulatory approval, T-Cell is making a mockery of its professed dedication to eliminating discrimination, selling equity, and amplifying underrepresented voices.”
The FCC in Could authorised Verizon Communications’ $20 billion deal to accumulate fiber-optic web suppliers Frontier Communications after the biggest U.S. telecom firm agreed to finish its DEI program and after the FCC opened an investigation.
Carr, a Republican designated by Trump in January as chair, instructed Comcast in February he was opening a probe into the NBC Information-parent firm’s promotion of DEI packages.
In January, Trump issued sweeping govt orders to dismantle U.S. authorities DEI packages, and pressured the non-public sector to affix the initiative.
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