Posts by Y@DminG
Court Says Bulk of GEICO’s $2.3 Million Fraud Case Belongs in Arbitration
Insurer GEICO has been dealt a setback in its efforts to get back $2.3 million in what it alleges were fraudulent medical and chiropractic service charges it paid to several clinics under New Jersey’s no-fault insurance law. The 14 counts … Source: Claims Journal
Read MoreMerck Settles Coverage Dispute With Insurers Over War Exclusion in NotPetya Attack
Merck & Co. Inc. has reportedly reached a deal with insurers over a closely-watched coverage dispute related to a massive cyberattack in 2017. The New Jersey Supreme Court in July 2023 agreed to hear the case after a state appeals … Source: Claims Journal
Read MoreMedical Biller Charged With Stealing $1 Million in Workers’ Compensation Payments
New York Attorney General Letitia James announced the arrest and arraignment of a New Jersey man for allegedly stealing more than $1 million that was intended to be paid to doctors who provided medical care to injured workers covered under … Source: Claims Journal
Read MoreSuccessful Evacuation from Burning Japan Airlines Jet Highlights Dogged Devotion to Safety
BANGKOK (AP) — The swift and safe evacuation of a Japan Airlines jet that caught fire after hitting a Coast Guard aircraft while it was landing Tuesday at Tokyo`s Haneda airport reflects a dogged dedication to safety and training by … Source: Claims Journal
Read MoreScenes of Loss Play Out Across Japan’s Western Coastline After Quake Kills 84, Dozens Still Missing
SUZU, Japan (AP) — His face hidden under a humble straw hat, the man stood silent, watching several helmeted rescue workers carefully lift his wife`s body from the rubble, wrapped in blue plastic on a stretcher. He wiped his weary … Source: Claims Journal
Read MoreGeorgia Agency Awards Contract to Raise Savannah Bridge to Accommodate Bigger Cargo Ships
SAVANNAH, Ga. (AP) — The Georgia Department of Transportation said Wednesday it has chosen a general contractor to oversee a $189 million project to raise Savannah`s towering suspension bridge so that larger cargo ships can pass underneath and reach one … Source: Claims Journal
Read MoreViewpoint: Perfecting the Formula for Builder’s Risk Claims Management
A builder’s risk insurance policy is meant to protect property and materials during a construction or renovation project and covers property on construction sites when it’s damaged or destroyed by fire, vandalism or other unexpected events. Typically, coverage ends when … Source: Claims Journal
Read MoreBad Faith Lawsuit Survives Even Though Policy Limits Paid and Damage Wasn’t Covered
Just because an insurer paid the full policy limits on a claim, and argues that the damages weren’t even covered, doesn’t mean it can escape a bad faith lawsuit. A panel of the Florida 4th District Court of Appeal reversed … Source: Claims Journal
Read MoreUS Agency Suing Tesla for Race Bias Says No Need to Pause Lawsuit
A U.S. anti-discrimination agency has asked a federal judge to reject Tesla Inc’s TSLA.O bid to pause a lawsuit alleging widespread racial bias at the electric carmaker’s flagship Fremont, California, assembly plant. The Equal Employment Opportunity Commission (EEOC) in a … Source: Claims Journal
Read MoreExtreme Cold Grips Nordic Countries as Floods Hit Western Europe
COPENHAGEN, Denmark (AP) — Europe experienced stark weather contrasts on Wednesday, with extreme cold and snowstorms disrupting transportation and closing schools in Scandinavia while strong winds and heavy rain in western Europe caused flooding and at least one death. Temperatures … Source: Claims Journal
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