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Records Show West Virginia Flooded With Painkillers
Drug wholesalers shipped 780 million hydrocodone and oxycodone pills to West Virginia in just six years, a period when 1,728 people fatally overdosed on these two painkillers, according to an investigation by the Charleston Gazette-Mail. That amounts to 433 of … Source: Claims Journal
Read MoreRam, Durango Gearshifts Investigated for Rollaway Risk
The U.S. auto safety agency has opened an investigation into complaints that another 1 million Fiat Chrysler vehicles can roll away after the owners shift transmissions into park, a problem similar to the one being blamed in the death of … Source: Claims Journal
Read MoreAuto Safety Agency Probes Engine Fire Complaints in Smart Cars
U.S. safety regulators are reviewing eight complaints that the engines in tiny Smart Fortwo cars can catch fire. The investigation by the National Highway Traffic Safety Administration covers about 43,000 of the two-seat cars from the 2008 and 2009 model … Source: Claims Journal
Read MoreBusiness News: Next Insurance, QBE, Origami Risk, Guidewire
Next Insurance and Munich Re Announce Partnership Next Insurance announced its partnership with Munich Re to launch a product targeting commercial photographers, who will be able to buy, renew and maintain policies online. According to a 2016 report by McKinsey … Source: Claims Journal
Read MoreSwiss Re Estimates 2016 Cat Insured Losses at $49B
Earthquakes, hail, thunderstorms and Hurricane Matthew resulted in the largest insurance losses in 2016. Total economic losses from natural catastrophes and man-made disasters in 2016 are estimated to be $158 billion in 2016, according to figures released by Swiss Re. … Source: Claims Journal
Read MoreDangerous Transportation Option Faces Migrant Farm Workers
Unsafe transport leads to death: Farmworkers ‘disposable’? Jose Rangel Chavez and 18 other Mexican guest workers were dozing as their bus hurtled down Interstate 40 in a light rain. After nine months away from home, the 22-year-old was about to … Source: Claims Journal
Read MoreSafety Advocates Think Truck Speed Limiter Rule Could Stall
Highway safety advocates are worried that a government rule that would electronically limit speeds of tractor-trailers could be scuttled or ignored by the administration of President-elect Donald Trump. The rule proposed by two federal agencies would cap the speed of … Source: Claims Journal
Read MoreLockton’s Analyzes Elf Risks
In a new white paper, Lockton assesses the risks Buddy the Elf encounters in his new environment and at the North Pole. According to Lockton’s analysis of the movie “Elf” (2003), there are many lines of insurance that could come … Source: Claims Journal
Read MoreOSHA Inspections at Central Transport Terminals Reveal Hazards in 9 States
For several years, inspections by the U.S. Department of Labor’s Occupational Safety and Health Administration identified a disturbing pattern of defective forklifts being used to move, handle, load and unload freight in at least 11 Central Transport LLC shipping terminals … Source: Claims Journal
Read MoreILR: Top 10 Most Ridiculous Lawsuits of 2016
Lawsuits accusing Starbucks of putting too much ice in iced coffee and too much foam in lattes top the U.S. Chamber Institute for Legal Reform’s (ILR) survey of the Top Ten Most Ridiculous Lawsuits of 2016. ILR also released a … Source: Claims Journal
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