Posts by Y@DminG
Owner Liability For Damage Caused By Stolen Vehicles
A vehicle slams into a group of vehicles stopped at a red light, only to quickly drive away from the scene. This fact scenario almost always involves operating under the influence or a stolen vehicle. In the case of a … Source: Claims Journal
Read MoreEngineer Killed in S.C. Train Crash Rattled by Prior Wreck
The engineer killed in a train crash in South Carolina visited a counselor to help him cope after being rattled in a previous wreck less than a year before, his mother said. Michael Kempf’s train hit a vehicle at a … Source: Claims Journal
Read MoreFeds Drop Appeal, Will Pay $42M to Parents of Boy Hurt in Forceps Delivery
The federal government has withdrawn its appeal and agreed to pay $42 million to the parents of a young Pennsylvania boy left disabled from brain injuries apparently caused by the use of forceps during his birth, the parents’ lawyers and … Source: Claims Journal
Read MoreSleep Apnea Blamed for New York Commuter Line Train Crashes
Just months after U.S. rail and highway regulators said they were withdrawing plans to screen truckers and railroad engineers for a dangerous sleep disorder, accident investigators blamed it for two New York-area transit crashes. “It’s unacceptable to me,” Robert Sumwalt, … Source: Claims Journal
Read MoreCoinsurance and Other Insurance Policy Clauses Don’t Mix
In a methodically crafted decision filed January 18, 2018 on cross-motions for summary judgment, Stefan R. Underhill, judge of the United States District Court for the District of Connecticut, ruled that a business property insurance policy containing “Other Insurance” and … Source: Claims Journal
Read MoreHiscox: Large U.S. Businesses Lose Average of $1.05M to Cybercrime Annually
Nearly three-quarters (73%) of firms face major shortcomings in cyber security readiness, according to a newly released study by specialist insurer Hiscox. The Hiscox Cyber Readiness Report 2018, which gauges how prepared businesses are to manage cyber threats, surveyed department … Source: Claims Journal
Read MoreTennessee State Fire Marshal Says Manufactured Housing Fires Deadliest in State
Manufactured houses are the scenes of relatively few fires every year in Tennessee, but those fires are among the deadliest, causing a disproportionate number of fire-related deaths and prompting the Tennessee State Fire Marshal’s Office to remind consumers that fire … Source: Claims Journal
Read MoreResearch Confirms Disaster Resilient Building Investment Pays Off
For every dollar the government spends to make existing buildings more resistant to wildfires, earthquakes, floods and hurricanes, $6 is saved in property losses, business interruption and health problems, according to a new study led by CU Boulder Professor Keith … Source: Claims Journal
Read MorePeople News: AIG, AIR Worldwide, CAIF
AIG Names DeSett Head of Field Operations, North America General Insurance American International Group, Inc. announced that Timothy DeSett will join the company as head of Field Operations, North America General Insurance, reporting to Ken Riegler, chief operating officer, North … Source: Claims Journal
Read MoreWhy Contents Restoration Deserves a Second Look
Storms, floods, fires and other natural disasters caused an enormous amount of damage in 2017. Beyond the usual house fires and basement flooding, the U.S. suffered from an unprecedented number of weather and climate disasters. In fact, according to the … Source: Claims Journal
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