Posts by Y@DminG
Waivers Of Subrogation Endorsements Are Like Onions
A recent Texas Court of Appeals decision parsing the wording of a workers’ compensation policy’s waiver of subrogation endorsement reminds us that, like an onion, a waiver endorsement has many layers and should be peeled back fully before giving up … Source: Claims Journal
Read MoreHigher Frequency Doesn’t Equate to Stronger Hurricanes for Atlantic Coast
Active Atlantic hurricane periods, like the one we are in now, are not necessarily a harbinger of more, rapidly intensifying hurricanes along the U.S. coast, according to new research performed at the University of Wisconsin-Madison. In fact, the research — … Source: Claims Journal
Read MoreAllstate Recently Acquired Mobile Device Insurer Reveals 5 Years of Losses
Allstate Corp. said that the mobile device insurer that it acquired for $1.4 billion had posted five years of losses before the deal. SquareTrade Holding Co.’s annual loss narrowed to $26.5 million in 2015 from $37.4 million in 2014, Northbrook, … Source: Claims Journal
Read MoreBMW Will Deploy Self-Driving 7-Series on Roads This Year
BMW AG will dispatch a fleet of autonomous vehicles to U.S. and European cities in this year’s second half, the next step in its partnership with Mobileye NV and Intel Corp. to introduce fully self-driving vehicles by 2021. The German … Source: Claims Journal
Read MoreFederal Appeals Court Finds Luxury Condo Owner’s Suit Filed too Late Against Insurer
A luxury high rise condominium located in Las Vegas, Nevada, was found to have been barred from recovery of its $5 million window damage claim, according to a ruling by the Ninth Circuit of the U.S. Court of Appeals. The … Source: Claims Journal
Read MoreMunich Re: 2016 Global Natural Catastrophe Losses Climb, Total $175B
A number of devastating earthquakes and powerful storms made 2016 the costliest twelve months for natural catastrophe losses in the last four years, according to Munich Re. Losses totaled $175 billion, more than two thirds above the previous year and … Source: Claims Journal
Read MoreUtah Pet Advocates Push Dog Shelter Rules for Owners
Utah’s animal protection advocates are pushing for a new law that would require dog owners to provide adequate shelter for their pets during extreme weather or face animal-cruelty charges. Current law already requires shelter, but fails to define what that … Source: Claims Journal
Read MoreAfter Source of Explosion is Found, SpaceX Plans New Launch
SpaceX plans to resume flights as early as next week after finding the cause of an explosion that destroyed a rocket and satellite on a Florida launch pad in September. The Hawthorne, California-based company is aiming for a Sunday, Jan. … Source: Claims Journal
Read MoreU.S. to Study Using Sand From Bahamas to Protect Florida Coast
A potential solution to a troublesome sand shortage off Southeast Florida is tucked away in a massive water resources funding bill President Barack Obama signed into law last month. The 2016 Water Resources Development Act authorizes the Army Corps of … Source: Claims Journal
Read MoreCause of Death Released in Colorado Ski Lift Fall
A Texas woman who fell from a chairlift at a small Colorado ski resort last week died from a rupture of the aorta and other traumatic injuries, an autopsy has concluded. Kelly Huber, 40, of San Antonio fell 20 feet … Source: Claims Journal
Read More