Posts by Y@DminG
State Farm: Top 10 States for Homeowner Hail Damage Claims
With an average of 3,000 hailstorms annually in the United States, it’s no surprise that in 2017, State Farm paid more than $3 billion in hail claims to homeowners in the U.S. Hailstorms often occur with thunderstorms, tornadoes, and other … Source: Claims Journal
Read MoreResearch Link Legal Marijuana With Fewer Opioid Prescriptions
Can legalizing marijuana fight the problem of opioid addiction and fatal overdoses? Two new studies in the debate suggest it may. Pot can relieve chronic pain in adults, so advocates for liberalizing marijuana laws have proposed it as a lower-risk … Source: Claims Journal
Read MoreLouisiana Legislation to Drop Drinking Age Shelved
Louisiana’s legal drinking age will remain 21, after a state senator Tuesday shelved his proposal to let some younger people buy alcoholic beverages if they’re educated about the risks before imbibing. Sen. Eric LaFleur said he was trying to promote … Source: Claims Journal
Read MoreFlorida Bridge Collapse Survivor Copes With Injuries, Anxiety
Richie Humble says flashbacks and anxiety attacks have haunted him ever since a pedestrian bridge near a Florida university fell on the car he was riding in, killing six people including the college friend driving their vehicle. Humble said Monday … Source: Claims Journal
Read MoreThe Cost of Subrogation Procrastination
Delays in Referring File to Subrogation Counsel Can Be Expensive In July 2017, we published a somewhat controversial article in the Claims Journal,Ten Subrogation Mistakes Insurance Companies Keep Making. Thirty-four years of subrogation litigation experience had distilled ten of the … Source: Claims Journal
Read MoreTexas Man Who Invoked ‘Affluenza’ Defense Released From Jail
Ethan Couch, who as a 16-year-old driver drunkenly struck and killed four pedestrians but dodged prison after suggesting at trial that his irresponsibility was a result of his entitled upbringing, walked free Monday after serving almost two years in a … Source: Claims Journal
Read MorePolice Look for ‘Red Flags’ Before California Cliff Crash
Investigators said Monday they were examining “red flags” in a Washington state family’s past in hopes of explaining why their SUV went off a 100-foot cliff in an apparent suicide plunge. The wreckage was discovered last week on rocks along … Source: Claims Journal
Read MoreCalifornia Mudslide Insurance Claims Top $421M
Insurers have received over 2,000 insurance claims totaling more than $421 million in losses from the deadly Montecito, Calif., mudslide that roared through the community carrying tons of mud and debris destroying or damaging more than 400 homes and businesses, … Source: Claims Journal
Read MoreBusiness News: Beazley, PURE, Stonetrust
Beazley Adds Embedded Workplace Violence Cover for its U.S. Insurer Clients Specialist insurer Beazley has added embedded workplace violence cover to the range of specialist products that U.S. insurers can access through its Beazley Product Solutions (BPS) team. By partnering … Source: Claims Journal
Read MoreABA Panel Offers Tips on Handling Catastrophic, Complex Claims
Early reporting, insured cooperation and thorough investigation aid claims handling when dealing with catastrophic or complex injuries or damages, according to four experienced lawyers who spoke as part of a panel during the American Bar Association’s mid-year conference on insurance … Source: Claims Journal
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