Posts by Y@DminG
GM Issued Less Than $600M in Settlements for Defective Ignition Switch Suits
General Motors Co. paid less than $600 million to settle claims by victims of its flawed ignition switches, a slightly smaller sum than what the automaker told investors it expected to pay, after a 20-month-long compensation process led by Kenneth … Source: Claims Journal
Read MoreBoston College Reports 80 Students Sickened After Eating at Chipotle
Boston College said Tuesday the number of students complaining of gastrointestinal symptoms after eating at a Chipotle this weekend has climbed to 80, up from the 30 it reported the previous day. The illnesses come as Chipotle’s sales are already … Source: Claims Journal
Read MoreMontana Judge Rules Suit Over Skier’s Death Should Go to Trial
A jury will hear arguments in a wrongful death lawsuit filed by the parents of a 16-year-old German exchange student who fell head first into a pocket of loose snow while skiing at Whitefish Mountain Resort, a federal judge has … Source: Claims Journal
Read MoreImpact of Prescription Drug Abuse Felt by Many Indiana Businesses
The majority of Indiana companies that responded to a survey tied to the state’s growing woes with prescription medication abuse say their businesses are being affected by workplace abuse or misuse of those drugs, according to findings released Monday. About … Source: Claims Journal
Read MoreSouth Carolina Governor Won’t Seek Direct Aid for $376M in Flood Damaged Crops
Farmers packed the Statehouse on Monday to beg Gov. Nikki Haley to ask Congress for money to offset their estimated $376 million in losses from last month’s historic flooding. But the Republican governor is unwavering in her refusal. Farmers should … Source: Claims Journal
Read MoreAs Insurers See Value of Vehicle Telematics in Claims Handling, Access to Data Could Change
By 2025, 104 million new cars are expected to have some form of connectivity, according to a report on telematics by Ernst & Young. Because customers have more control, telematics offers the potential for better risk management and more consumer … Source: Claims Journal
Read MoreAccenture: Insurers Shifting to Digital First Distribution Model
Insurers are accelerating plans to become more digital, driven by increased adoption of Internet of Things technologies (IoT), data and analytics tools and digital-first distribution models, according to an Accenture report based on an online survey of more than 400 … Source: Claims Journal
Read MoreUK Prime Minister Visits Flooded Towns in Northern England, Scotland
British Prime Minister David Cameron visited a swath of northwest England inundated by floods, as rescuers pulled people from waterlogged homes after record rainfall led to at least one death and swamped some 3,500 properties. The visit comes amid criticism … Source: Claims Journal
Read MoreStronger Truck Underride Guards Proposed to Cut Rear-Impact Deaths
The U.S. National Highway Traffic Safety Administration is proposing that trucking companies be required to install stronger guards on their trailers to reduce deaths caused when cars rear-end tractor trailers. The agency said Monday that underride guards, which have hung … Source: Claims Journal
Read MoreFalchuk Named Head of Claims for Hiscox USA
Hiscox, a global specialist insurer, announced the appointment of Bryan Falchuk as head of Claims for its fast-growing Hiscox USA business unit. Falchuk will be based in Atlanta and replaces former head of Claims Nicole Goodwin, who became chief underwriting … Source: Claims Journal
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