Archive for January 2018
Prosecutors Say Reputed Mob Boss Orchestrated Insurance Fraud
A reputed Philadelphia mob boss who reinvented himself as a restaurateur relapsed into a life of crime by orchestrating a healthcare fraud that made a fortune for an East Coast crime syndicate, a prosecutor said Tuesday in opening arguments at … Source: Claims Journal
Read MoreTrain Carrying GOP Lawmakers Collides With Garbage Truck in Virginia
An Amtrak train carrying Republican members of Congress to a party retreat struck a garbage truck outside Charlottesville, Virginia, on Wednesday. One person on the truck died and at least one other was badly injured, according to White House spokeswoman … Source: Claims Journal
Read MoreMany Storm Victims From Puerto Rico Remain in Hotels After Hurricane Maria
After they lost their home in Puerto Rico to flooding during Hurricane Maria, Enghie Melendez fled with her family to the U.S. mainland with three suitcases and the hope it wouldn’t take long to rebuild their lives. It hasn’t worked … Source: Claims Journal
Read MoreLawyer Says Simpson Isn’t Paying on $70M Wrongful Death Judgment
O.J. Simpson is cashing in on autographs since his release from prison and should pay the money toward a wrongful death judgment that now exceeds $70 million, according to a lawyer for the family of Fred Goldman whose son was … Source: Claims Journal
Read MoreBusiness News: Arbella, LexisNexis Risk Solutions, IICF
Arbella Launches Free Safe Driving Mobile App The Arbella Insurance Group, in partnership with Cambridge Mobile Telematics (CMT), announced the launch of Wheel Focused, a telematics-based solution proven to change driver behavior through real-time feedback, personalized data and insights, and … Source: Claims Journal
Read MoreExtension Cord Malfunction Blamed Deadly Kansas Fire
Authorities say a malfunctioning extension cord sparked a weekend fire in a Wichita, Kansas, home where a man was found unconscious and later died. Wichita fire Lt. Jose Ocadiz said Monday that investigators found the heat-damaged extension cord in the … Source: Claims Journal
Read MoreKeeping Flood Insurance Above Water: Commentary
With the National Flood Insurance Program (NFIP) currently set to expire on February 8, and many communities still recovering from this summer’s hurricanes, it’s no surprise that the 21st Century Flood Reform Act has passed the House and moved to … Source: Claims Journal
Read MoreNeighbors Need Not Waive all Legal Claims Linked to Duke Energy Coal Ash Pits
Neighbors of Duke Energy Corp.’s unlined coal ash pits in North Carolina went to court after the company said their $5,000 “goodwill” payments required them to give up future health claims linked to contaminated well water, but now they’re ending … Source: Claims Journal
Read MoreP/C Insurance Industry’s 2017 Net Income Dropped 30.3% in 9 Months
The private U.S. property/casualty insurance industry saw its net income after taxes drop to $22.4 billion in nine-months 2017 from $32.1 billion in nine-months 2016—a 30.3 percent decline—and its overall profitability as measured by its annualized rate of return on … Source: Claims Journal
Read MoreNTSB Says Lives Were at Risk During Chaotic 2016 Evacuation of Jet in Chicago
The emergency evacuation of a wide-body airliner in Chicago was anything but orderly. As flames engulfed the right wing, passengers screamed and clambered over seats even before the American Airlines jet came to a stop on the runway after the … Source: Claims Journal
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