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A.M. Best Says Commercial Auto Losses Worst in 10 Years
The U.S.commercial automobile insurance segment’s underwriting losses deepened to $4.0 billion in 2019, the segment’s worst loss in 10 years and a continuation of a decade-long trend of worsening underwriting results, according to a new AM Best report. Indeed, the … Source: Claims Journal
Read MoreNuclear Verdicts Continue to Push Commercial Auto Rates
In the last five or six years, trucking companies have watched their insurance rates climb, and many have found the insurance process daunting. Since 2018, trucking insurers have lost around $1.8 billion due to continued pressure from plaintiffs’ attorneys targeting … Source: Claims Journal
Read MoreWildfires Are Taking an Unexpectedly Huge Toll on America’s Lungs
During the 2018 Camp Fire, which lasted 17 days and killed 85 people, residents of nearby Northern California communities breathed in enough smoke to equal half a pack of cigarettes. Many of the questions being asked then sound eerily familiar … Source: Claims Journal
Read MoreViewpoint: Covid-19 Shows That Scientific Journals Need to Open Up
One big change brought on by Covid-19 is that virtually all the scientific research being produced about it is free to read. Anyone can access the many preliminary findings that scholars are posting on “preprint servers.” Data are shared openly … Source: Claims Journal
Read MoreEnvironmental Groups Propose Tailings Dam Safety Standards
Mining companies should be required to buy private insurance for tailings dams and their board of directors should be held legally responsible for any disasters, a coalition of 140 environmental groups said in a report published on Tuesday. The recommendations, … Source: Claims Journal
Read MoreFireworks Sparked Utah Wildfire; Blaze in Nevada Partially Contained
LEHI, Utah — Fireworks caused a wildfire in Utah that forced out residents of houses and an apartment building early Sunday before crews managed to turn back the blaze as it encroached on a neighborhood, officials said. A suspect was … Source: Claims Journal
Read More3 Apprehended in Attempted Arson of Civil War Monument Base
DENVER — Police in Denver have apprehended three suspects in connection with an attempt to set fire to the pedestal of a Civil War statue that was toppled last week, authorities announced Sunday. About 75 protesters had been demonstrating peacefully … Source: Claims Journal
Read MoreInjured Workers Pharmacy Paying $11M to Settle Complaint
A mail-order pharmacy that fought frequent court battles against workers’ compensation insurers will pay $11 million and change its business practices to settle a civil complaint by the Massachusetts attorney general’s office. Injured Workers Pharmacy, or IWP, improperly dispensed opioids … Source: Claims Journal
Read MoreUnions Sue 3 Nevada Casinos, Claiming Dangerous Working Conditions
Unions representing 60,000 hospitality workers in Las Vegas and Reno, Nevada, are suing three casino properties based on allegations of dangerous working conditions. The Culinary Workers Local 226 and Bartenders Union Local 165 filed the lawsuit on Monday against Harrah’s … Source: Claims Journal
Read MoreGeorgia Lawmakers: Block COVID-19 Lawsuits Against Business
ATLANTA — Georgia lawmakers want to protect businesses and other from being sued if someone blames them for contracting COVID-19, but House members voted Friday for less-extensive protections than the business community sought. House members voted 104-56 to approve Senate … Source: Claims Journal
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