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Posts by Y@DminG

Feds Blame Management for Nevada Mine Fatality

Inadequate safety policies and procedures were primarily to blame for a mining accident that killed a 26-year-old Idaho man operating a 20-ton mobile drill in an underground tunnel at a Nevada gold mine last summer, federal safety investigators have concluded. … Source: Claims Journal

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Guilty Plea for Woman Who Concealed Steamboat Asbestos

A San Francisco woman faces up to two years in prison and hundreds of thousands of dollars in fines after pleading guilty to a federal charge that she didn’t tell Louisiana regulators about asbestos in the Mississippi Queen steamboat before … Source: Claims Journal

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Data Confirms Improved Trucking Industry Safety

An analysis of data from the Department of Transportation done by the American Trucking Associations shows over both the long- and short-term that the rate of truck-involved fatalities is declining. “America’s trucking industry has invested billions to improve safety and … Source: Claims Journal

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ACE and Chubb Are One; New Chubb Begins Trading, Unveils Logo

ACE Limited completed its acquisition of Chubb yesterday, creating the world’s largest publicly traded property/casualty insurance company. ACE paid approximately $29.5 billion in the aggregate in cash and stock, based on the most recent closing price of ACE Limited shares … Source: Claims Journal

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P/C Insurers Expect Stable Profits in 2016

Leaders of the property/casualty insurance industry expect no increase in profitability in 2016 for most lines of insurance, according to a survey conducted by the Insurance Information Institute (I.I.I.) at its 20th annual Property/Casualty Insurance Joint Industry Forum, held here. … Source: Claims Journal

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People on the Move

Crawford Global Technical Services Expands Team in Illinois Atlanta-based Crawford & Company, a global independent provider of claims management solutions, named Richard Grganto national general adjuster for Crawford GTS. A 25-year industry veteran, Grganto will based in Schaumburg, Ilinois. Grganto … Source: Claims Journal

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‘Robotic Falcon’ Can Capture, Retrieve Renegade Drones

In January 2015, a Washington, DC, hobbyist accidentally flew his DJI Phantom quadcopter drone over the White House fence and crashed it on the lawn. Two years earlier, a prankster sent his drone toward German prime minister Angela Merkel during … Source: Claims Journal

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