Posts by Y@DminG

Insurance companies play a crucial role in providing financial protection and support to individuals and businesses in their time of need. When it comes to handling claims for catastrophic injuries or death, they must also ensure that their employees are … Source: Claims Journal

Fraught with fraud and litigation abuse, the Florida insurance market is finally showing signs of stabilization amid legislative reforms passed in 2022 and 2023, according to a new Triple-I Issues Brief. The ongoing depopulation of Citizens Property Insurance Corp., the … Source: Claims Journal

With the start of hurricane season less than a month away, U.S. officials who predict, prepare for and respond to natural disasters had a message for Floridians on Friday: It’s not a matter of if a hurricane will hit, but … Source: Claims Journal

Tesla has settled a lawsuit by a former factory employee who says she was fired for complaining about severe sexual harassment, as the electric carmaker faces a series of other cases alleging workplace sex and race discrimination. U.S. District Judge … Source: Claims Journal

The Florida Office of Insurance Regulation in recent weeks has fined five property/casualty insurers, including Heritage Property & Casualty Insurance Co., which was hit with a $1 million penalty for failing to properly handle hundreds of claims after Hurricane Ian. … Source: Claims Journal

Approximately 700 preliminary tornado reports have been filed so far in 2024, above the historical average for this time of year, according to AccuWeather Global Weather Center. The roughly 700 preliminary tornado reports through May 9 is above the historical … Source: Claims Journal

A bird flew into a roofer’s face broke their nose, another employee broke a foot as running from a spider, a robotic arm grabbed a worker and inflicted trauma to her chest, and a baby skunk bit someone at a … Source: Claims Journal

Microsoft must pay patent owner IPA Technologies $242 million, a federal jury in Delaware said on Friday after determining that Microsoft’s Cortana virtual-assistant software infringed an IPA patent. The jury agreed with IPA after a week-long trial that Microsoft’s voice-recognition … Source: Claims Journal

The Florida Supreme Court has opened the door a little wider to wrongful death claims from people who weren’t married to victims at the time of injury, upsetting what defense lawyers said was a decades-old common-law practice. In Ripple vs. … Source: Claims Journal

Nuclear verdicts of at least $10 million reached a 15-year high in 2023, while 27 verdicts were “thermonuclear,” or more than $100 million, according to a new study by research firm Marathon Strategies. The report, “Corporate Verdicts Go Thermonuclear,” found … Source: Claims Journal