Posts by Y@DminG
U.S. DOL Announces New Rules to Adjust Civil Penalty Fines
In 2015, Congress passed the Federal Civil Penalties Inflation Adjustment Act Improvements Act to advance the effectiveness of civil monetary penalties and to maintain their deterrent effect. The new law directs agencies to adjust their penalties for inflation each year … Source: Claims Journal
Read More8 Acrobats Injured in 2014 Fall Sue Convention Center
Eight acrobats who plunged to the ground during a Ringling Bros. and Barnum & Bailey Circus act in 2014 are suing the company that manages the Rhode Island arena where it happened. The Providence Journal reports the women sued Wednesday … Source: Claims Journal
Read MoreCommentary: Soon Work Equipment Will Include Wearable Tech
The wearable technology startups that get attention make products a Silicon Valley executive or journalist might use – fitness trackers, virtual-reality gaming headsets, jewelry that delivers text-message alerts. It’s lifestyle stuff. But wearable development in the near future depends on … Source: Claims Journal
Read MoreCosby Switches Lawyers in Civil Cases
Bill Cosby has replaced the law firm overseeing civil litigation around the country linked to accusations he drugged and molested women. Liner LLP, known for its work in entertainment law, is replacing lawyers with the powerhouse litigation firm Quinn Emanuel … Source: Claims Journal
Read MoreTexas Storms Drive Up Catastrophe Losses in First Six Months of 2016
Economic losses caused by natural catastrophes in the first half of 2016 totaled $17 billion as compared to 2015 losses totaling $12 billion. The total includes insured losses of $11 billion as compared to $ 8 billion the prior year. … Source: Claims Journal
Read MoreNIST Leads Federal Windstorm Initiative
Congress recently designated the National Institute of Standards and Technology (NIST) to be the lead agency for the National Windstorm Impact Reduction Program (NWIRP), giving it the primary responsibility for planning and coordinating the collaboration of federal agencies charged with … Source: Claims Journal
Read MoreIIHS: Most Small SUV Headlights Rate Poorly
Not a single small SUV out of 21 tested earns a good rating in the Insurance Institute for Highway Safety’s headlight evaluations, and only four are available with acceptable-rated headlights. Among the 21 vehicles, there are 47 different headlight combinations … Source: Claims Journal
Read MorePeople News: GEICO, AXIS, BSA, SMA
GEICO names Burklin SVP; Ottman Head Claims Operations for Florida Region GEICO recently named Shawn Burklin senior vice president to oversee its regional operations offices in Lakeland, Fla., and Macon, Ga. The regions serve nearly 5 million customers in 16 … Source: Claims Journal
Read MoreNordic Skiing Race Damage Closes Montana Airport
The Whitefish Airport is still closed after the runway was damaged during a Nordic skiing event last winter, and it may be closed for the rest of the year. Horses that were used to drag skiers during the skijoring competition … Source: Claims Journal
Read MoreCoal Industry Concerned CEOs at Risk of Liability for Violations
Coal industry groups from three states are arguing that the conviction of former coal executive Don Blankenship could unfairly expose other industry leaders to criminal conspiracy charges. The Illinois, Ohio and West Virginia Coal Associations shared their concerns in a … Source: Claims Journal
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