Archive for January 2016

Boston-based Liberty Mutual Insurance has rolled out portable infrared cameras to its property field adjusters working commercial insurance claims. Water damage is one of the leading causes of commercial property claims, according to the insurer, with an average claim cost … Source: Claims Journal

When fast-rising employees quit their jobs for better pay or more responsibility at another organization, the knee-jerk reaction may be to blame their leaving on a bad boss. Although the common perception is that workers join companies but leave managers, … Source: Claims Journal

Ride-hailing service Lyft has agreed to settle a proposed class action lawsuit in California by giving drivers additional workplace protections but without classifying them as employees, removing a major threat to its business model. The settlement agreement, filed late on … Source: Claims Journal

The families of ten sailors aboard a cargo ship that sank in a hurricane last year have settled claims with the vessel’s owner. The Florida Times-Union reports that each of the families will receive $500,000 each in the settlement with … Source: Claims Journal

U.S. auto safety regulators said Tuesday that airbag maker Takata Corp declared 5.1 million U.S. vehicles defective, as the company disclosed an 11th death could be linked to a faulty airbag. Most of the vehicles mentioned in numerous previous recalls … Source: Claims Journal

A downward trend in U.S. natural hazard events in 2015 resulted in decreased damage and loss totals for the year, according to the latest CoreLogic Natural Hazard Risk Summary and Analysis report. The annual report noted that despite the reduction … Source: Claims Journal

Tornadoes, hailstorms and fires took their toll on the state last year with insured losses well over $3 billion. Texas had over three times as many claims and almost three times the dollar amount in losses as the next highest … Source: Claims Journal

After his factory worker father died a painful death from kidney cancer at age 68 in 2013, Michael Hickey made it his mission to find out why so many people in his hometown along the Hoosic River were getting sick. … Source: Claims Journal

A program to study the recent increase in earthquakes in Texas is getting underway with management hirings and the deployment of new seismographic equipment. The TexNet Seismic Monitoring Program is being overseen by the University of Texas and bankrolled with … Source: Claims Journal

Focus on the election year, federal interest in state workers’ compensation programs and changes to the employee health and claims models are all issues to watch in 2016, according to industry experts. On Tuesday, January 11, Safety National hosted a … Source: Claims Journal