Posts by Y@DminG
Vehicle Cloning on the Rise
Since 2001, the incidence of vehicle cloning – when a vehicle identification number (VIN) on a legally owned vehicle is transferred to a stolen vehicle – has risen at a cost of more than $36 million in fraudulent vehicle transactions, … Source: Claims Journal
Read MoreBP Avoids Lawsuits Over Oil Drilling Ban That Followed Gulf Spill
BP Plc won’t have to face lawsuits by energy and oilfield service companies over losses they blamed on the U.S. offshore drilling ban imposed after the 2010 Gulf of Mexico oil spill. The court ruling eliminates one of the largest … Source: Claims Journal
Read MoreEx-Worker Suit Alleges Volkswagen’s U.S. Unit Destroyed Evidence
Personnel at Volkswagen AG’s U.S. unit in Michigan destroyed evidence after the U.S. announced last year that the company had installed illegal devices on hundreds of thousands of vehicles to cheat emissions tests, a former employee said in a lawsuit. … Source: Claims Journal
Read MoreYoung Adults Trip and Fall More Than the Elderly
Young adults fall more frequently than expected, and most falls occur during everyday activities such walking and talking, according to new research from Purdue University. “The most commonly cited statistic is that one in three older adults falls each year … Source: Claims Journal
Read MoreAnother GM Ignition Switch Trial Set to Start
Weeks after the first New York trial over General Motors’ faulty ignition switch controversy ended prematurely, a new one is set to start. The Manhattan federal court trial that begins on Monday is meant to define legal boundaries that may … Source: Claims Journal
Read MoreThousands of Louisiana, Mississippi Homes Damaged by Flooding
Widespread flooding in Louisiana and Mississippi has damaged thousands of homes, and the risk of rising water prompted additional evacuations Sunday. At least four deaths have been reported in Louisiana amid the flooding that began last week, and the National … Source: Claims Journal
Read MoreTaiwan Launches Database to Track Areas Vulnerable to Quake Damage
Taiwan launched a database Monday to inform residents about which areas might be susceptible to creating potentially catastrophic sinkholes in the event of one of the island’s frequent earthquakes. The Central Geological Survey’s research tool shows the potential for soil … Source: Claims Journal
Read MorePeople News
Chubb Announces Retirement of Rees Fletcher, Chairman of Bermuda Insurance Rees Fletcher, chairman of its Bermuda-based insurance operations, will retire on 31 March 2016, bringing to a close a distinguished 27-year career with the company. On January 14, 2016, ACE … Source: Claims Journal
Read MoreWashington High Court Decides What Constitutes ‘Use’ for UIM Coverage Attachment
In certification from the United States District Court for the Western District of Washington in Heidi Kroeber v. GEICO Ins. Co., 2016 WL 166528 (Wash. Ct. App., decided Jan. 14, 2016), the Washington Supreme Court, answered the District Court’s certified question … Source: Claims Journal
Read MoreLouisiana and Mississippi Hit With Unusually Widespread Flooding
As the Leaf River rose north of Hattiesburg, Mississippi, 26-year-old Rebecca Bruce and her fiancé grabbed what they could and left the shed where they live. The water was more than 2 feet deep indoors when they left, she said. … Source: Claims Journal
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