Posts by Y@DminG
Business News: The Hartford, Maxum, Care Bridge International
The Hartford’s Acquisition of Maxum Complete The Hartford has completed its acquisition of Maxum Specialty Insurance Group for $168 million in cash. The transaction closed on July 29, 2016. Maxum will maintain its brand and limited wholesale distribution model and … Source: Claims Journal
Read MoreAmerican’s Pilots Say It Flies On the Edge of Safety Rules
Efforts by American Airlines to keep flights on schedule during the summer travel season are on the verge of violating safety rules, according to the union for the carrier’s pilots. The world’s biggest airline has been increasing aircraft speeds, re-routing … Source: Claims Journal
Read MoreIncreased Metal Theft Risk at Vacant Properties Can Cause Costly Repairs
Despite attempts to control scrap metal sales, international demand has driven the theft of metals, especially copper. Metal thefts primarily occur at vacant properties and can leave building owners with substantial replacement and restoration costs. Oldham said the replacement costs … Source: Claims Journal
Read MoreMotorcycle Touchscreens Raise Distraction Concerns
Riding a motorcycle is about to become a little less zen. Pretty soon, it will be rare for someone astride a big cruiser to scan the unfurling ribbon of road and stoically wonder how many new Snapchat messages he has. … Source: Claims Journal
Read MoreEngineering Firm Charged With Forging Sandy Reports
New York authorities charged a Long Island engineering firm and one of its former executives with forging damage reports for homes swamped by Hurricane Sandy, altering the documents in such a way that owners’ flood insurance claims were eventually denied. … Source: Claims Journal
Read MoreUnderstanding Different Types of Collector Cars and Coverage
In summer, collector cars dot the roadways. Owners proudly display them during recreational drives and organized shows. And while they may be grouped together as collector or classic cars, there are several types. Esurance, an Allstate company, explains the differences … Source: Claims Journal
Read MoreHeat Safety a Concern With Bounce Houses
Heat safety issues in bounce houses can put children in danger, according to a new University of Georgia study. Expanding on the concept of microclimates like those in parked vehicles that cause serious injuries to children, the study investigated potential … Source: Claims Journal
Read MoreTheft an Issue at Rio Olympics
A laptop and team shirts have been stolen from Australia’s accommodation at the Olympic athletes’ village while the building was being evacuated because of a small fire, the head of the team’s delegation at the Rio Games said Sunday. Kitty … Source: Claims Journal
Read MoreTourism Declines as a Result of Wildfire in Big Sur
Lodge managers and cafe owners along California’s dramatic Big Sur coast were looking Friday at a summer of jittery guests and cancelled bookings after fire officials warned that crews will likely be battling a wildfire raging in steep, forested ridges … Source: Claims Journal
Read MoreFAA Warned of Potential for More High-Fatality Hot Air Balloon Crashes
Warning about potential high-fatality accidents, safety investigators recommended two years ago that the Federal Aviation Administration impose greater oversight on commercial hot air balloon operators, government documents show. The FAA rejected those recommendations. A hot air balloon carrying at least … Source: Claims Journal
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