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American Family, Main Street America to Merge
Madison, Wisconsin-based American Family Insurance group and Florida-based The Main Street America Group will pursue a merger, according to an announcement released last week. Approved by the companies’ boards of directors, the merger will improve diversity of risk, promote growth … Source: Claims Journal
Read MoreSouthwest Air Jet Engine That Exploded Passed Seven Prior Inspections
The fan blade that failed on a Southwest Airlines Co. plane last month, killing a passenger, had been inspected seven times since late 2012 but without the sophisticated technology airlines are now under orders to use. The inspections relied on … Source: Claims Journal
Read MoreNJ Transit Plans Reduced Schedule to Meet Safety Deadline
New Jersey Transit said Thursday it will reduce its train service over the next several months as it tries to install a federally mandated safety system by a Dec. 31 deadline. Last week, the Federal Railroad Administration sent a letter … Source: Claims Journal
Read MoreAngry Mississippi Officials Squabble Over Bad Bridges
Mississippi has a problem: deteriorating local bridges. People could work together to seek a solution. All too often, though, it seems they’d rather fight. The anger boiling among some county supervisors has now produced a lawsuit by Smith and Jasper … Source: Claims Journal
Read MoreCopperfield Testimony: I’m Queasy About Injuries, Can’t Recall Fall
David Copperfield told a Las Vegas jury that he’s queasy about injuries and would remember if any audience volunteers were hurt performing illusions during his show. The magician has testified he didn’t remember anyone being injured in nearly 20 years … Source: Claims Journal
Read MoreDiverse Candidates Running for California Insurance Commissioner
One way or another, California’s next insurance commissioner will be the first of his kind. The June 5 primary features Democrats Dr. Asif Mahmood and Sen. Ricardo Lara against former commissioner Steve Poizner. Mahmood would be the first Muslim to … Source: Claims Journal
Read MoreConnecticut House Passes $12 Fee to Help Crumbling Foundation Homeowners
Connecticut moved closer Saturday toward adding a $12 annual surcharge on the insurance policies of every residential homeowner to financially help hundreds, if not thousands, of homeowners with crumbling foundations pay for costly repairs. After emotional appeals from eastern and … Source: Claims Journal
Read MoreCoastal Georgia Residents Urged to Join Hurricane Registry
Health officials along Georgia’s coast are encouraging residents who qualify to get their names on the Hurricane Registry. The Savannah Morning News reports that people with functional, access, or medical needs can receive help when hurricanes threaten Georgia’s coast. The … Source: Claims Journal
Read MoreStudy: In-House Legal Spending is Increasing
After two years of declines, overall legal spend is rising, according to the 2nd Annual Study of Effective Legal Spend Management released by Exterro Inc., a software provider specifically designed for in-house legal and IT teams at Global 2000 and … Source: Claims Journal
Read MoreCitizens Reaches Sinkhole Agreement With Condo Association
Florida’s Citizens Property Insurance Corporation has settled with Cloverplace condominium association over disputed sinkhole repairs. Under the settlement agreement reached Monday, Citizens will pay claims for repairs on sinkhole damage up to policy limits for 109 residents at the complex … Source: Claims Journal
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