Posts by Y@DminG

A new report by Allianz Global Corporate & Specialty (AGCS) outlines how increasingly destructive storms and their extraordinary costs are becoming a “new normal” in the U.S. The average amount paid for extreme events, including windstorms, by insurers between 1980 … Source: Claims Journal

Although retail sales of recreational marijuana can begin in July, many customers across northern Massachusetts may have to travel significant distances or wait several months to acquire the substance. Moratoriums are becoming widespread, with many towns opting to block any … Source: Claims Journal

The aftermath of this year’s hurricanes includes massive reconstruction across the impacted areas, which in turn creates an increased possibility for construction defect claims that would affect the liability insurance market. When Hurricane Harvey swept over large portions of Texas, … Source: Claims Journal

The family of a woman killed in a 2010 crash involving a “Melrose Place” actress will receive a $4.8 million settlement. A jury convicted Amy Locane-Bovenizer in 2012 for the crash that killed 60-year-old Helene Seeman in Somerset County, N.J., … Source: Claims Journal

A man charged with involuntary manslaughter in a California warehouse fire that killed 36 people last December says the building’s owner shares responsibility for the deaths. Derick Almena said in a jailhouse interview airing on Oakland television KTVU Monday night … Source: Claims Journal

Boat Owners Association of The United States (BoatUS), a national advocacy, services and safety group for recreational boaters, estimates that more than 63,000 recreational boats were damaged or destroyed as a result of both Hurricane Harvey and Hurricane Irma, with … Source: Claims Journal

For almost a decade, self-driving cars have graced public roads – but always with a person behind the wheel. Now Waymo is yanking the driver. The autonomous car unit of Google parent Alphabet Inc. said on Tuesday it will soon … Source: Claims Journal

Paradigm Outcomes, a provider of catastrophic and complex care management solutions, recently announced the appointment of John Watts Jr. to chief executive officer position. Watts, who will retain his position on the Board of Directors, will lead the company’s strategic … Source: Claims Journal

California Gov. Jerry Brown and lawmakers asked the U.S. government Friday for $7.4 billion to help rebuild after a cluster of fires tore through the heart of wine country, killing more than 40 people and leaving thousands without housing. In … Source: Claims Journal

A Southern California auto body shop owner was sentenced yesterday to six years in state prison for involvement in the scheme where he filed over 35 fraudulent claims, manipulated used car odometers and vehicle titles to make the vehicles appear … Source: Claims Journal