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Posts by Y@DminG

Driving Usage Based Insurance Information to the Claims Process

While information derived from usage based insurance telematics hasn’t been fully utilized in the claims process, the benefits it can provide – consistency, efficiency and accuracy – offer a way to reduce claims costs according to David Lukens, LexisNexis director. … Source: Claims Journal

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Business News

Aspen Group Announces Acquisition of AgriLogic Insurance Services, LLC Specialty insurer Aspen Insurance has acquired AgriLogic Insurance Services, LLC and certain affiliates for cash in a transaction that further diversifies Aspens’s specialty insurance business. AgriLogic, headquartered in Kansas, is a … Source: Claims Journal

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Ban on Air Shipments of Lithium Batteries Proposed by UN Panel

A U.N. panel recommended Wednesday that cargo shipments of rechargeable lithium batteries be banned from passenger airliners because the batteries can create fires capable of destroying planes, said aviation officials familiar with the decision. The International Civilian Aviation Organization’s air … Source: Claims Journal

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New York City Flood Defense Plan Advances Slowly

After ocean waters poured into lower Manhattan during Superstorm Sandy, experts began dreaming up a solution: a U-shaped barrier of earthen berms, walls and gates that would keep floods out and the nation’s financial capital dry. Now, more than three … Source: Claims Journal

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South Dakota Bill Seeks to Clarify Workers’ Comp Law

A bill introduced in the South Dakota House would clarify state law on when part-time employees injured on the job should also receive workers’ compensation benefits for their other part-time positions. The proposed legislation stems from a 2015 state Supreme … Source: Claims Journal

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New Suit Aimed at Replacing Flint’s Lead Pipes

Environmental and civil rights groups are asking a federal judge to order the prompt replacement of all lead pipes in Flint’s water system to ensure residents of the Michigan city have a safe drinking supply. A lawsuit filed Wednesday morning … Source: Claims Journal

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Infrared Cameras Assist Liberty Mutual Commercial Field Adjusters

Boston-based Liberty Mutual Insurance has rolled out portable infrared cameras to its property field adjusters working commercial insurance claims. Water damage is one of the leading causes of commercial property claims, according to the insurer, with an average claim cost … Source: Claims Journal

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