Posts by Y@DminG

BOSTON (AP) — Massachusetts General Hospital will pay $14.6 million to settle a lawsuit that alleged overbilling for double-booked surgeries that were simultaneously overseen by the same surgeon. It’s the third time since 2019 that the Harvard-affiliated teaching hospital agreed … Source: Claims Journal

The insurance industry is ringing alarm bells about the cost of social inflation again, this time with the help of an actuarial analysis that concludes the phenomenon added more than $20 billion to the cost of commercial auto claims over … Source: Claims Journal

Simply stated, insurance policy deductibles or retentions are a dollar threshold that must be satisfied before an insurer will pay any defense or indemnity costs on a claim.[1] Many insureds seek to contain their insurance premium costs by purchasing policies … Source: Claims Journal

PETROPOLIS, Brazil (AP) — Rio de Janeiro state’s government has confirmed 105 deaths from floods and mudslides that swept away homes and cars in the city of Petropolis. But even as families prepared to bury their dead, it was unclear … Source: Claims Journal

LISBON, Portugal (AP) — A burning car transport ship drifted in the mid-Atlantic on Thursday after the huge vessel’s 22 crew members were evacuated due to the blaze, the Portuguese navy said. Shipping in the area was warned that the … Source: Claims Journal

BLOOMFIELD TOWNSHIP, Mich. (AP) — Firefighters battled a blaze at a more than century-old country club Thursday in suburban Detroit that’s hosted several major golf tournaments and is one of Michigan’s most exclusive golf clubs. Crews worked to douse flames … Source: Claims Journal

FORT LAUDERDALE, Fla. (AP) — Brightline trains killed one person and seriously injured another in separate accidents less than 12 hours apart, the latest in a spate of collisions plaguing the higher-speed passenger trains since the railroad recently resumed operations. … Source: Claims Journal

BARCELONA, Spain (AP) — Canadian rescuers recovered more bodies from a Spanish fishing ship that sank in rough seas off Newfoundland, raising the confirmed death toll to nine, but the search for 12 missing sailors was called off Wednesday afternoon. … Source: Claims Journal

LIMA, Peru (AP) — Dozens of beaches near Lima were deserted and thousands of fishermen remained without work Tuesday, one month after an oil spill at a refinery created what the United Nations called the worst ecological disaster in Peru’s … Source: Claims Journal

Tesla Inc’s ability to quickly issue safety patches via remote software updates is an approach other automakers eye enviously, but that also carries risk as cars become more like rolling computers. Investors have awarded Tesla’s leadership on in-car software with … Source: Claims Journal