Posts by Y@DminG

Earthquakes, hail, thunderstorms and Hurricane Matthew resulted in the largest insurance losses in 2016. Total economic losses from natural catastrophes and man-made disasters in 2016 are estimated to be $158 billion in 2016, according to figures released by Swiss Re. … Source: Claims Journal

Unsafe transport leads to death: Farmworkers ‘disposable’? Jose Rangel Chavez and 18 other Mexican guest workers were dozing as their bus hurtled down Interstate 40 in a light rain. After nine months away from home, the 22-year-old was about to … Source: Claims Journal

Highway safety advocates are worried that a government rule that would electronically limit speeds of tractor-trailers could be scuttled or ignored by the administration of President-elect Donald Trump. The rule proposed by two federal agencies would cap the speed of … Source: Claims Journal

In a new white paper, Lockton assesses the risks Buddy the Elf encounters in his new environment and at the North Pole. According to Lockton’s analysis of the movie “Elf” (2003), there are many lines of insurance that could come … Source: Claims Journal

For several years, inspections by the U.S. Department of Labor’s Occupational Safety and Health Administration identified a disturbing pattern of defective forklifts being used to move, handle, load and unload freight in at least 11 Central Transport LLC shipping terminals … Source: Claims Journal

Lawsuits accusing Starbucks of putting too much ice in iced coffee and too much foam in lattes top the U.S. Chamber Institute for Legal Reform’s (ILR) survey of the Top Ten Most Ridiculous Lawsuits of 2016. ILR also released a … Source: Claims Journal

There was, in hindsight, a clear element of risk to Tesla Motors Inc.’s decision to install Autopilot hardware in every car coming off the production line since October 2014. It paid a price, with federal regulators probing the deadly crash … Source: Claims Journal

Three years and three months later, a massive oil spill in North Dakota still isn’t fully cleaned up. The company responsible hasn’t even set a date for completion. Though crews have been working around the clock to deal with the … Source: Claims Journal

California’s Ninth Circuit Court of Appeals finds that the absence of a litigated judgment did not preclude an equitable subrogation claim from being brought by an excess insurer for bad faith failure to settle when the excess insurer actually contributed … Source: Claims Journal

The revelation of Yahoo’s latest hack underscores what many Americans have known for years: All those emails, photos and other personal files stored online can easily be stolen, and there’s little anyone can do about it. The only saving grace … Source: Claims Journal