Posts by Y@DminG

Climate change could spark the world’s next financial crisis, according to Paul Fisher, who retired this year as deputy head of the Bank of England body which supervises the country’s banks. “It is potentially a systemic risk,” Fisher said Monday … Source: Claims Journal

Hurricane Matthew will have a limited impact on the years-long decline in rates for reinsurance, according to industry representatives, who predict primary insurers will push back against price increases at the start of 2017. “I expect a strong likelihood for … Source: Claims Journal

The family of a Des Moines, Iowa, woman who died of a prescription drug overdose is appealing a judge’s rejection of their motion seeking to name the doctor’s former health system as defendants. Brandy Stoutenberg’s relatives originally blamed Dr. Daniel … Source: Claims Journal

Gov. John Bel Edwards bumped up his request to more than $4 billion for federal flood disaster aid to repair south Louisiana’s flood destruction, according to a letter to the White House released Friday. The Democratic governor’s earlier request totaled … Source: Claims Journal

A new study from the University of Iowa College of Public Health has found that traffic accidents involving farm vehicles in the Midwest would decrease by more than 50 percent if state policies required more lighting and reflection on those … Source: Claims Journal

An insured’s response following an incident often greatly impacts the litigation should a claim or lawsuit arise. Claims professionals and defense attorneys rely on the insured to take proper precautions post-incident and conduct an investigation, complete accident reports, take photographs … Source: Claims Journal

The Florida Fifth Circuit Court of Appeals issued a ruling that the determination of the full extent of damages in an uninsured motorist bad faith case should be adjudicated in the subsequent bad faith lawsuit rather than in the UM … Source: Claims Journal

A ship involved with the deep-sea sonar search for missing Malaysia Airlines Flight 370 is being fitted with a drone that will examine several sonar contacts of interest on the remote seabed west of Australia, officials said Wednesday. None of … Source: Claims Journal

Thick smoke from a blaze set to reduce wildfire risks blinded motorists Wednesday on the main highway across northern Arizona near the Grand Canyon, causing numerous accidents as haze clouded the freeway for hours and reduced visibility to 20 feet, … Source: Claims Journal

Authorities say looters broke into dozens of Beaufort County, S.C., homes after residents evacuated the area to flee from Hurricane Matthew. Citing incident reports, The Island Packet of Hilton Head reports that 47 burglary cases were reported to the Sheriff’s … Source: Claims Journal