Posts by Y@DminG
Honolulu Building Fire Site Open for Inspection by Potential Litigants
The Marco Polo condominium building in which a July fire killed four has been opened to numerous people who might file lawsuits, potential defendants such as product manufacturers and their insurers, and fire experts from across the nation. As of … Source: Claims Journal
Read MoreReport Highlights Regional Differences in California Workers’ Comp Claim Costs
The Los Angeles Long Beach region continues to lead the state in workers’ compensation claim frequency (28 percent above average), while Silicon Valley comes at 20 percent below average, according to a new report released by the WCIRB. The numbers … Source: Claims Journal
Read MoreNew York Regulators Investigating NRA Insurance for Gun Owners
An insurance policy offered by the National Rifle Association is under scrutiny by insurance regulators after gun-control groups raised questions about how it’s being marketed. Carry Guard insurance was launched earlier this year by the nation’s most powerful gun lobbying … Source: Claims Journal
Read MoreSenate Passes $36.5B Disaster Aid Bill; President Signature Next
The Senate passed a $36.5 billion emergency aid measure Tuesday to refill disaster accounts, provide a much-needed cash infusion to Puerto Rico, and bail out the federal flood insurance program. The 82-17 vote sends the measure to the White House, … Source: Claims Journal
Read MoreTravelers’ 2017 Risk Index: Top Worries Center on Cyber, Driving and Workplace
According to the latest Travelers Risk Index, 52 percent of consumers say they think the world is getting riskier, down from 63 percent when the survey was launched in 2013. The 2017 index identifies the overall perception of risks for … Source: Claims Journal
Read MoreFighting Commercial Auto Frequency, Severity Drivers With Technology
Litigation financing, distracted driving and unexpected verdicts are just some of the factors impacting commercial auto frequency and severity, according to panelists speaking at the 2017 Risk Management Summit last week. There’s been a focus on commercial auto underwriting losses … Source: Claims Journal
Read MoreAsbestos, Dry Cleaning Agent Among 10 Chemicals Under EPA Review
Under a congressional mandate, the U.S. Environmental Protection Agency is reviewing 10 chemicals to determine if they pose an unreasonable risk to human health or the environment and should be subject to additional regulation. They range from asbestos, which was … Source: Claims Journal
Read MoreSurvey Reveals Bullish but Measured Outlook in Race to Self-Driving Cars
As Congress makes headway on legislation to expedite the rollout of self-driving cars, automotive and technology companies are already forging ahead in spite of lingering regulatory uncertainty and other challenges, according to a new survey conducted by law firm Foley … Source: Claims Journal
Read MoreFiat Chrysler Requests New Trial After $40M Jeep Fire Award
After a family was awarded $40 million in the death of a 4-year-old boy in a Jeep fire, Fiat Chrysler on Tuesday asked the Georgia Supreme Court for a new trial or for the award to be reduced. Remington “Remi” … Source: Claims Journal
Read MoreBusiness News: Safety National, Starr Companies, Paradigm Outcomes, Willis Towers Watson
Safety National Adds Cyber Risk Insurance to Product Offerings Safety National has entered the cyber risk insurance marketplace with a portfolio of coverage to assist companies in addressing global network security and privacy breach incidents. Safety National’s cyber risk insurance … Source: Claims Journal
Read More