Posts by Y@DminG
Crawford Survey Shows Sustainability Becoming An Bigger Factor in Claims Decisions
Corporate sustainability is an important topic in business and particularly insurance, but it turns out that sustainability is also becoming a bigger topic of interest for claims leaders. Most (77%) of claims leaders report that sustainability is explicitly addressed in … Source: Claims Journal
Read MoreHermès Heir Sues Arnault and LVMH in $16 Billion Suit Over Lost Shares
An Hermès heir is suing conglomerate LVMH and its billionaire CEO Bernard Arnault in a Paris civil court in a bid to recover about €14 billion ($16.3 billion) for his alleged lost shares in the maker of Birkin handbags. Nicolas … Source: Claims Journal
Read MoreFlorida And East Coast Will See Big Losses From More Cat 5 Storms, Researchers Say
The just-ended 2025 Atlantic hurricane season surprised some forecasters after it produced no major storms that hit the United States. But the hurricanes that did arise, with most remaining offshore and one slamming Jamaica, were mostly Category 5 beasts – … Source: Claims Journal
Read MoreTrump Proposes Slashing Fuel Economy Rules in Boost for Gas Vehicles
The Trump administration on Wednesday proposed slashing fuel economy standards that former President Joe Biden had finalized last year, in its latest push to make it easier for automakers to sell gasoline-powered cars. The National Highway Traffic Safety Administration proposed … Source: Claims Journal
Read MoreState Farm Sued Over Policies Backed by Distressed Insurer PHL
State Farm Mutual Automobile Insurance Co. faces a lawsuit accusing it of fraud and unjust enrichment for selling products from PHL Variable Insurance Co., which authorities say has a $2.2 billion capital shortfall that left policyholders with less-than-promised payouts. Three … Source: Claims Journal
Read MoreHong Kong Orders Citywide Scaffolding Nets Removal After Blaze
Hong Kong ordered all buildings undergoing major repair work to immediately remove exterior scaffolding nets, as authorities investigate suspicions of forged safety certifications in connection with the city’s recent deadly blaze. All buildings currently carrying out the major repair works … Source: Claims Journal
Read MoreWrongful Death Suit in UPS Cargo Jet Crash Planned By Victims’ Families
Families of the victims of a UPS cargo jet crash plan to file a wrongful death lawsuit on Wednesday, according to one of the law firms representing the victims. The UPS MD-11 cargo jet crashed immediately after taking off in … Source: Claims Journal
Read MoreEx-Barclays Banker Loses Unfair Dismissal Suit Over Offhand Joke
An ex-Barclays Plc investment banker, who alleged that an offhand comment taken out of context cost him his job, lost an unfair dismissal lawsuit after a London court ruled he had demonstrated dishonest conduct. Mathew Humphrey, an assistant vice president … Source: Claims Journal
Read MoreSources Say White House to Propose Significant Rollback in Fuel Economy Standards
The Trump administration is set to propose a significant rollback of fuel economy standards finalized by former President Joe Biden last year, its latest push to make it easier for automakers to sell gas-powered cars, sources told Reuters. The National … Source: Claims Journal
Read MoreShot Employee Gets No Workers’ Comp and No Employer’s Liability
He was not covered by workers’ compensation insurance. But he was in the course and scope of employment enough for an employer’s liability insurance exclusion to apply, said the U.S. 11th Circuit Court of Appeals, which overturned a lower federal … Source: Claims Journal
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