Posts by Y@DminG

The nation’s largest insurer has stepped up its investment in telematics, announcing this week an upgrade to its usage-based insurance program that allows policyholders to check on their driving habits trip-by-trip instead of waiting for a periodic score card. State … Source: Claims Journal

U.S. environmental groups fighting fossil-fuel development made headlines years ago with public demonstrations against big pipeline projects including the Dakota Access and the Keystone XL – only to be steamrolled by President Donald Trump’s executive orders to approve them. Now … Source: Claims Journal

OKLAHOMA CITY — The failure of safety devices designed to prevent blowouts contributed to an explosion and fire that killed five workers last year at a southeastern Oklahoma natural gas well, according to a federal agency’s report Wednesday that also … Source: Claims Journal

Just 15 months after Peter Doig’s “The Architect’s Home in the Ravine” fetched $20 million at Sotheby’s, the landscape is back on the market. Displayed at the Gagosian booth this week at Art Basel with an asking price of $25 … Source: Claims Journal

Travelers Cos. is strengthening its wildfire-defense efforts after deadly blazes swept through California last year. The insurer is adding a service to all of its California home and landlord policies, helping customers prepare their property for a fire by different … Source: Claims Journal

The cost of insuring tankers to ship Middle East crude looks set to jump after a second spate of attacks on vessels in the region in just over a month underscored escalating tensions in the oil-exporting region. A so-called “additional … Source: Claims Journal

Johnson & Johnson and Colgate-Palmolive Co. must pay almost $10 million to a dying California woman who blamed the companies’ talc-based products for her rare cancer. The jury verdict in state court in Oakland is another setback for J&J, the … Source: Claims Journal

New York’s highest court ruled Tuesday that an insurer does not need to prove fraudulent intent to refuse payment for a medical bill from a professional corporation with a sham physician owner. The Coalition Against Insurance Fraud lauded the ruling … Source: Claims Journal

American Airlines Group Inc. managers will fly on Boeing Co. 737 Max aircraft before paying passengers are asked to climb aboard — a move meant to build confidence in the plane’s safety. Executives and other staff will join American pilots … Source: Claims Journal

PHILADELPHIA — Faulty building materials helped spread a devastating fire at London’s Grenfell Tower in 2017, turning the residential complex into a “flaming coffin” for the 72 people who died, according to a product liability suit filed Tuesday in the … Source: Claims Journal