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Archive for September 2017

NCCI Looks to Future Issues Related to Medical Marijuana

The National Council on Compensation Insurance (NCCI) released a final article in a series examining stakeholder concerns over medical and recreational marijuana use in and out of the workplace. The article, “The Marijuana Conversation: What’s Next”, addresses the concerns employers, … Source: Claims Journal

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Bill Could Cut Michigan Auto PIP Premiums by 20%

Michigan drivers would no longer be required to buy unlimited medical insurance to cover serious crash injuries under bipartisan legislation high-ranking supporters proposed Tuesday aimed at reducing the country’s highest auto premiums by at least 20 percent. The bill backed … Source: Claims Journal

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LexisNexis: Catastrophe Claims Rise as Losses Decline

In 2016, Colorado and Texas homeowners suffered the greatest percentage of catastrophic losses due to extreme weather and other perils, according to the latest study of home insurance trends from LexisNexis Risk Solutions. The six-year study indicates that despite the … Source: Claims Journal

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Boat Insurer Lawyers Blast Man Whose Mom Was Lost at Sea

Insurance company lawyers on Monday blasted a Vermont man whose mother was lost at sea, saying he made suspicious alterations to his boat before what they called its “most curious sinking.” Lawyers for Nathan Carman’s insurance company said in documents … Source: Claims Journal

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