Posts by Y@DminG

Home Depot Inc has agreed to pay $13 million to compensate consumers affected by a massive 2014 data breach in which payment card or other personal data was stolen from more than 50 million people. The home improvement retailer also … Source: Claims Journal

A California intermediate appellate court has reaffirmed that a client’s professional negligence claim against his or her property/casualty insurance broker is freely assignable. It held, also, that the assigned rights are enforceable in court by the assignee without proof that … Source: Claims Journal

Airline safety standards are changing in the wake of the disappearance of Malaysia Airlines Flight 370 nearly two years ago, but the head of one of the world’s top air crash investigation agencies says it’s not happening fast enough. On … Source: Claims Journal

Texas recorded 244 tornadoes last year making it the highest number of twisters to ever touch down in the Lone Star State since the record keeping began in 1950. The tornadoes claimed 17 lives. The violent weather was responsible for … Source: Claims Journal

Maine continues to be among the top states in the nation for most affordable homeowners and personal auto insurance rates, according to a recent announcement by Insurance Superintendent Eric Cioppa. Recently released reports by the National Association of Insurance Commissioners … Source: Claims Journal

A tool for helping battle Ohio’s deadly addictions epidemic is adding new dimensions to the jobs of pharmacists. A state computerized reporting system gives pharmacists quick access to patients’ prescribing histories as they weigh whether to fill suspicious prescriptions. It’s … Source: Claims Journal

Jurors in the first-degree murder trial of a former Boone, Iowa, man accused in the death of his wife heard from a forensic expert who says the woman’s death was an accident. Lawyers for Alexander Fazzino, who is charged with … Source: Claims Journal

Two high-profile Texas attorneys were sued by a fishing boat captain who said they were involved in a scam to cheat BP Plc out of millions of dollars with false compensation claims for the Gulf of Mexico oil spill. She’s … Source: Claims Journal

The Oklahoma Workers’ Compensation Commission has determined that the opt-out portion of the state’s 2013 workers’ compensation statute is unconstitutional. Ruling on an appeal under the provisions of the Oklahoma Employee Injury Benefit Act, or Opt-Out Act, the three judge … Source: Claims Journal

Pricing improvements over several years in underwriting portfolios have propelled returns for U.S. regional property and casualty insurers, according to Fitch Ratings. The ability to implement further pricing actions in a more competitive market environment will have a significant influence … Source: Claims Journal