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House Passes Bill to Extend Background Checks to All Gun Sales, Transfers
The Democratic-controlled House on Wednesday approved a measure requiring federal background checks for all firearms sales and transfers, the first major gun control legislation considered by Congress in nearly 25 years. Democrats called the 240-190 vote a major step to … Source: Claims Journal
Read MoreSan Francisco Gas Pipeline Explosion Linked to Excavation Work
A gas pipeline that exploded in flames in a San Francisco neighborhood earlier this month shows damage consistent with being ruptured by third-party excavators, the National Transportation Safety Board said Wednesday. In a preliminary report, investigators also say the Feb. … Source: Claims Journal
Read More3 Areas Where Property Insurers Disappoint Customers in Claims Process
Property insurers are falling short in some key areas of the claims process even as they earn high marks for overall customer satisfaction, according to the J.D. Power 2019 U.S. Property Claims Satisfaction Study. J.D. Power said that insurers continue … Source: Claims Journal
Read MoreAllianz Policy Protects Wind Farmers’ Revenue
Wind farm operators can’t predict the weather. But they can hedge it. Investment manager Nephila Holdings Ltd. and insurance giant Allianz SE have banded together to offer an insurance policy of sorts to wind farm developers known as a “proxy … Source: Claims Journal
Read MoreThe $900 Billion Auto Aftermarket: Where Total Losses Turn Into Big Gains
Mike Rosser, a 41-year veteran of the salvage car business, remembers a day when auctions for junked cars drew 30 guys standing in the sun, inspecting mangled cars for intact alternators and transmissions. On this February morning, though, the suburban … Source: Claims Journal
Read MoreKia, Hyundai Increase Engine Fire Recalls in U.S.
Kia Motors Corp and affiliate Hyundai Motor Co said on Thursday they are recalling around 534,000 additional U.S. vehicles at risk of engine fires. Kia said it is recalling 378,000 2012-2016 Kia Soul vehicles over engine damage and fire risks, … Source: Claims Journal
Read MorePG&E Says Its Equipment Likely Ignited Camp Fire
PG&E Corp, which filed for bankruptcy last month because of potential liabilities from wildfires in California, said it is probable that its equipment will be determined to be an “ignition point” of the 2018 Camp Fire. PG&E faces billions of … Source: Claims Journal
Read MoreNevada Fines Wynn Resorts $20 Million over Sex Misconduct Claims
Casino mogul Steve Wynn’s former company was fined a record $20 million by Nevada gambling regulators this week for failing to investigate claims of sexual misconduct made against him before he resigned a year ago. The penalty against Wynn Resorts … Source: Claims Journal
Read MoreSchool Settles with Mother over Daughter’s Bullying Suicide
A mother whose 13-year-old daughter committed suicide has reached a settlement with the Missouri school district the girl attended. The Columbia Missourian reports Elizabeth Overstreet alleged in the lawsuit that the Hallsville School District did nothing to stop bullying aimed … Source: Claims Journal
Read MorePG&E Filings Show Key Power Line Safety Fix Delayed
Shares of PG&E Corp. fell about 3 percent after federal filings showed that the power utility had delayed a safety overhaul of a high-voltage transmission line, a prime suspect behind the deadliest wildfire in California history. The company filed for … Source: Claims Journal
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