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Posts by Y@DminG

Texas Spring Storms Caused More Than $1.5B in Losses

An insurance group says spring storms across Texas caused more than $1.5 billion in property losses. April through June typically marks the stormy season for the state, but in March of this year multiple severe thunderstorms rolled in across the … Source: Claims Journal

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Medical Marijuana Sales Began in Illinois This Week

Regulated medical marijuana sales began Monday in Illinois with patients flocking to state-licensed retail shops in five cities. Of 23 states with medical marijuana programs, Illinois has one of the most restrictive, requiring patients to undergo fingerprint-based background checks, limiting … Source: Claims Journal

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Senate Votes Against Longer Double Trailers

The Senate went on record Tuesday against a federal mandate that would force all states to allow trucks with extra-long double trailers on interstates, saying it first must be shown that the vehicles don’t undermine safety. By a vote of … Source: Claims Journal

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Cyber Claims Handling Strategy Still Evolving

Reinsurance executives polled at the recent 2015 PCI annual meeting by Guy Carpenter & Company agreed that cyber continues to be the most threatening emerging risk. As the number of data breaches mount, more focus is being placed on the … Source: Claims Journal

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