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People News: Paradigm Outcomes, The Hartford, AIG

Paradigm Outcomes, a provider of catastrophic and complex care management solutions, recently announced the appointment of John Watts Jr. to chief executive officer position. Watts, who will retain his position on the Board of Directors, will lead the company’s strategic … Source: Claims Journal

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California Wants $7.4B Federal Aid for Wildfire Rebuilding

California Gov. Jerry Brown and lawmakers asked the U.S. government Friday for $7.4 billion to help rebuild after a cluster of fires tore through the heart of wine country, killing more than 40 people and leaving thousands without housing. In … Source: Claims Journal

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Fire Risk Prompts BMW Recall of 1 Million Cars

BMW is recalling more than 1 million cars and SUVs in two U.S. recalls due to the risk of fires under the hood, and it’s recommending that they be parked outdoors until repairs are made. A spokesman for the German … Source: Claims Journal

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Failing to Initiate Settlement Negotiations is Risky Business

Two recent cases have addressed insurance company extracontractual exposure for failing to initiate settlement negotiations. In Stalley v. Allstate Insurance Co., 2016 WL 1752764 (M.D. Fla. April 29, 2016) the court considered the so-called “Powell rule” where the insurance company … Source: Claims Journal

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