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Colorado Mine Spill Losses Significantly Reduced

Economic damage from a Colorado mine waste spill caused by the U.S. Environmental Protection Agency may be far less than originally feared after attorneys drastically reduced some of the larger claims, The Associated Press has learned. Farmers, business owners, residents … Source: Claims Journal

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What Qualifies as an Insured Collapse?

Latest Case and Growing Trend Say it Must Fall Down or Cave in The scope of insurance coverage for collapse, first provided by the industry in 1954, has long been the subject of litigation in many jurisdictions. The arguments for … Source: Claims Journal

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Business News: Esurance, CoreLogic, QBE, AIG

Esurance Lays Off 30 Workers in South Dakota About 30 Esurance employees in Sioux Falls have lost their jobs as part of cuts within the insurance company. The Argus Leader reports that Esurance cut 100 jobs Tuesday, mostly in Sioux … Source: Claims Journal

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New York Central Park Blast Remains a Mystery 9 Months Later

New York Detective Paul Arroyo and Special Agent Peter D’Antonio are frustrated. For nearly nine months, the investigators have tried to find out how exactly a small, clear plastic bag full of readily available, highly explosive chemicals found its way … Source: Claims Journal

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Why Hoarding Impacts Claims

Adjusters who encounter hoarders on property claims can expect to have trouble in determining the cause of a covered loss as well as damages, said Jeff Taxier, education and training manager for American Technologies, Inc. Typically, a hoarder equals more … Source: Claims Journal

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