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New Delaware Museum Exhibit Provides Insight into Art Fraud
A painting with problematic pigment. A Chanel suit dressed up with acetate trim instead of silk. A Stradivarius violin that, well, just doesn’t sound right. They’re all part of a new exhibit at Delaware’s Winterthur Museum that offers would-be sleuths … Source: Claims Journal
Read MoreFraud News: Workers’ Comp Misclassification, Sandy Engineer Sentenced
Three California Residents Charged in Workers’ Comp Insurance Fraud Case A Riverside woman was arraigned Wednesday, March 29, 2017, on 52 felonies related to workers’ compensation insurance fraud that resulted in a loss of more than $540,000 to two insurance … Source: Claims Journal
Read MoreInspection Days Before Deadly California Building Blaze Uncovered Many Violations
Inspectors discovered that a California building in a rundown neighborhood lacked fire extinguishers, smoke detectors in every apartment and a working sprinkler system just three days before a blaze erupted and killed three low-income residents. Officials uncovered multiple fire code … Source: Claims Journal
Read MoreTruck Driver in Deadly Texas Crash Admitted Texting Before Collision
The driver of a pickup truck that collided with a church minibus in rural Texas, killing 13 people, apologized after the crash and acknowledged he had been texting while driving, a witness said Friday. Jody Kuchler told The Associated Press … Source: Claims Journal
Read MoreDuke Energy Sues Insurers Over Coal Ash Cleanup Costs
The largest U.S. electric company sued 30 international and domestic insurance companies Wednesday, saying they should cover part of the utility’s multibillion-dollar cleanup costs in the Carolinas for toxic byproducts left from decades of burning coal to generate power. Charlotte-based … Source: Claims Journal
Read MoreCommercial Property Insurer FM Global Reports Rise in Gross Premium, Profits in 2016
FM Global, a global business property insurer, posted an improved combined ratio of 83.2 percent in 2016—compared to 85.3 percent a year earlier—which was a market-leading result for the fourth consecutive year. Total gross premium in force increased to $5.43 … Source: Claims Journal
Read MoreNTSB Begins Probe of Texas Bus-Truck Crash That Killed 13
Federal investigators got their first look Thursday at the scene of a head-on collision involving a small church bus and a pickup truck that killed 13 senior adult church members onboard the bus. The Texas Department of Public Safety reported … Source: Claims Journal
Read MoreTop 10 Causes of Liability Losses Include Bedbugs, Crashes and Defective Products
Not only are liability losses increasing but they are getting more expensive, particularly in relation to global product recalls, corporate liability, cyber and environmental incidents, according to a new report by Allianz Global Corporate & Specialty (AGCS). Global Claims Review: … Source: Claims Journal
Read MoreAlabama Man Sues Waffle House due to Grease Leak on Property
Grease and sewage from a nearby Waffle House caused thousands of dollars in damage when it seeped onto an Alabama man’s property, he said in a lawsuit. Mack Crook Jr. of Anniston is seeking $800,000 from Norcross, Georgia-based Waffle House … Source: Claims Journal
Read MoreCalifornia Fatal Bus Crash Due to Lack of Highway Markings
Inadequate highway markings caused a fatal Greyhound bus crash in California last year that killed two people and injured 13 others, including the driver, federal officials said Tuesday. The National Transportation Safety Board report said that the lack of reflective … Source: Claims Journal
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