Posts by Y@DminG
Coverys: New Research Analyzes Diagnostic-Related Medical Malpractice Claims
Diagnosis-related events are the single largest root cause of medical professional liability claims, accounting for 33 percent of all claims and 47 percent of indemnity payments, according to Boston-based medical professional liability insurance provider Coverys. The insurer’s latest “Dose of … Source: Claims Journal
Read MoreArkansas Legislators Advance Pharmacy Benefit Managers Regulation
An Arkansas House panel advanced a proposal Tuesday to regulate pharmacy benefit managers, as lawmakers began a special session focused primarily on addressing a cut in reimbursements rates pharmacists have seen. The House Insurance and Commerce Committee endorsed a proposal … Source: Claims Journal
Read MoreCalifornia Workers’ Comp IMR Volume Fell Slightly in 2017, Outcomes Held Steady
New data on the Independent Medical Review (IMR) process used to resolve California workers’ comp medical disputes show that IMR volume dipped for the first time ever in 2017, but the outcomes were unchanged as IMR physicians again upheld 91.2 … Source: Claims Journal
Read MoreDeadly Air Crashes Shatter 2017 Aviation Safety Record
Three deadly air crashes that have killed 170 passengers in the past 4 1/2 weeks may indicate that 2017, the safest-ever year for aviation, represented a statistical blip. A total of five fare-paying customers lost their lives in just two … Source: Claims Journal
Read MoreRopes, Phone Lights Used in Rescue After Deadly Texas Bus Plunge
Lulled asleep by the humming of their Texas-bound charter bus following a trip to Disney World, members of a high school band were jarred awake before dawn Tuesday when the rig ran off a highway and plunged into a deep … Source: Claims Journal
Read MoreCourt Waxes Shakespearean in Denying Property Insurance Claim for Counterfeit Wine
The California Court of Appeal began and ended its insurance coverage opinion of March 7, 2018 with the Bard’s wisdom. The court clearly got it right in denying property insurance coverage for the victim of counterfeit wine sales, and it … Source: Claims Journal
Read MoreSome Outdoors Stores Continue to Sell Assault Weapons
Some big retailers have curbed sales of assault weapons after last month’s school shooting in Florida. But others are sticking to their guns. Several outdoor chains, including Bass Pro Shops, Cabela’s, Gander Outdoors and Academy Sports, continue to sell assault-style … Source: Claims Journal
Read MoreNational Hurricane Center Updates Irma Death Toll in US, Caribbean
The death toll from Hurricane Irma‘s catastrophic rampage across the Caribbean and the southeastern U.S. has risen to 44 fatalities directly caused by its strong winds and heavy rains, plus 85 fatalities indirectly linked to the storm, according to a … Source: Claims Journal
Read MoreBusiness News: Travelers, Charles Taylor, IICF
Travelers Delegation Building Baseball Field in Puerto Rico Travelers chief executive Alan Schnitzer is leading a delegation of 35 volunteers who are in Puerto Rico to build a baseball field. The insurance company says the group is fixing up a … Source: Claims Journal
Read MoreNor’easter Misses NYC, Dumps a Foot of Snow on Boston
A powerful nor’easter delivered a glancing blow to New York City but walloped Massachusetts with more than a foot of snow. The storm dumped between 8 and 12 inches (20 to 31 centimeters) in Boston, but the wind made it … Source: Claims Journal
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