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Arrests Made in California Warehouse Fire That Killed 36
A man who illegally rented out space in an Oakland, California, warehouse that caught fire and killed 36 people has been arrested and will be charged with involuntary manslaughter along with an organizer of a party at the site, a … Source: Claims Journal
Read More16 Charged in Alleged Southern California Workers’ Comp Fraud Scam
Ten lawyers and six others were charged Monday in a multimillion-dollar workers’ compensation fraud scheme that authorities say targeted Latinos in California. The charges were filed after a three-year investigation into a scheme involving the illegal recruitment of more than … Source: Claims Journal
Read MoreWrongful Death Suit Filed by ex-NHL Player’s Parents Dismissed
A federal judge on Monday dismissed a wrongful death lawsuit filed by former NHL player Derek Boogard‘s parents, who blamed the league for their son’s brain damage and addiction to prescription painkillers. Boogard, a feared enforcer during six seasons with … Source: Claims Journal
Read MoreSpeed Limit Hike Results in South Dakota Motorists Driving at Higher Speeds
Statistics show that motorists cited by the South Dakota Highway Patrol are driving at faster speeds since lawmakers increased the maximum highway speed limit. Lawmakers increased the speed limit to 80 mph (nearly 130 kilometers) in April 2015. An analysis … Source: Claims Journal
Read MoreKentucky Supreme Court Finds No Bad Faith as a Matter of Law
The Kentucky Supreme Court in Hollaway v. Direct General Ins. Co. Mississippi Inc., 497 S.W. 3d 733 (Ky. 2016), recently affirmed summary judgment that was granted in favor of the insurance company, finding that the plaintiff did not present a … Source: Claims Journal
Read MoreTragically, U.S. Workplace Shootings Tick Upward
Fatal workplace shootings, like the one Monday in Orlando, Florida, are ticking upward in the United States, government statistics show. Revenge against an employer, romantic partner or co-workers often is the motive, experts say. Reports of workplace violence are quick … Source: Claims Journal
Read MoreMove Over Adjusters and Underwriters, the Bots Are Coming
As more bots handle claims and perform underwriting tasks, should human employees be concerned? Industry experts say there’s no need to worry. Insurers in the U.S. and overseas are exploring the use of chatbots in their operations. According to Dawn … Source: Claims Journal
Read MoreBusiness News: Swiss Re Capital Markets, Wolters Kluwer
Swiss Re Capital Markets Structures and Places $125M Catastrophe Bond for the FMTAC, a Subsidiary of the MTA Swiss Re Capital Markets has successfully structured and placed the issuance of $125 million of insurance-linked securities by MetroCat Re on behalf … Source: Claims Journal
Read MoreCars Could Monitor Drivers’ Health to Prevent Medical Emergency-Related Crashes
A driver experiencing an unexpected cardiac event on the road isn’t the only one at risk. Fellow passengers and motorists also face death or serious injury when another person has a medical emergency behind the wheel. That’s why representatives from … Source: Claims Journal
Read MoreUS Probes 2012 Jeep Liberty Airbag Computer Failures
The U.S. government is investigating complaints that airbag control computers in some Jeep Liberty SUVs can fail, preventing the airbag system from operating properly in a crash. The probe covers about 105,000 of the vehicles from the 2012 model year. … Source: Claims Journal
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