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Getting Only 5-6 Hours of Sleep Per Night Nearly Doubles Crash Risk
Drivers who miss between one to two hours of the recommended seven hours of sleep in a 24-hour period nearly double their risk for a crash, according to new research from the AAA Foundation for Traffic Safety. The Centers for … Source: Claims Journal
Read MoreU.S. Supreme Court Upholds Katrina Fraud Verdict Against State Farm
The Supreme Court on Tuesday handed a victory to two whistleblower sisters by upholding a jury verdict that found State Farm defrauded the U.S. government when the insurance company assessed damage caused by Hurricane Katrina along the Gulf of Mexico … Source: Claims Journal
Read MoreBoatUS Estimates Hurricane Matthew Damage to Recreational Boats at $110M
Hurricane Matthew, which threatened four coastal states as it corkscrewed through the Atlantic in early October, caused an estimated $110 million in damage to recreational boats, according to Boat Owners Association of The United States (BoatUS). The national advocacy, services … Source: Claims Journal
Read MoreOakland Warehouse Fire Death Toll Grows to 36 as Investigators Search for Answers
The death toll in the Oakland, Calif., warehouse fire has grown to 36 and authorities say they expect the number to rise when they resume work later Monday following a temporary work stoppage. A wall is leaning inward, posing a … Source: Claims Journal
Read MoreFM Global: Next Generation Fire Sprinklers Aimed at Curbing Warehouse Fires
Warehouses, served by increasingly powerful automated materials-handling equipment, are steadily getting taller, posing new fire risks and stressing traditional fire protection systems like heat-triggered ceiling sprinklers. FM Global, a global commercial property insurer, has pioneered research on next-generation sprinklers that, … Source: Claims Journal
Read MoreStudy Finds Extreme Tornado Outbreaks Spawning Greater Number of Twisters
The most extreme tornado outbreaks are mysteriously spawning many more twisters than they did decades ago, a new study claimed. The once-every-five-years-or-so outbreak that might have involved 12 tornadoes 50 years ago now has on average about 20, said Columbia … Source: Claims Journal
Read MoreBusiness News: CLARA Analytics, IICF, Lemonade
CLARA Analytics Launches PUMA Search Engine to Help Insurance Carriers Reduce Workers’ Compensation Costs CLARA analytics, a division of LeanTaaS, a Silicon Valley healthcare SaaS provider, announced the commercial availability of PUMA, a search engine that helps insurance carriers and … Source: Claims Journal
Read MoreNo CGL Coverage for Building Contractor’s Shoddy Workmanship Causing Damage to the Work Itself
In a decision filed November 18, 2016, Arkansas U. S. district judge Susan Webber Wright, the same jurist who in 1998 handed a defeat to Paula Jones in her sexual harassment lawsuit against then President Bill Clinton, dealt this time … Source: Claims Journal
Read MoreLiberty Mutual Set to Buy Fosun’s Ironshore for $3B
Liberty Mutual Holding Co., the fourth-largest property/casualty insurer in the U.S., agreed to buy Ironshore Inc. from Fosun International Ltd. for about $3 billion to expand in the specialty commercial market. Ironshore will retain its management and brand after the … Source: Claims Journal
Read MoreJ&J to Pay Record $1B for Faulty Hip Implants
Johnson & Johnson was ordered by a Texas jury to pay more than $1 billion to patients who claimed the company hid flaws in its Pinnacle artificial hips that had to be surgically removed, in J&J’s second loss linked to … Source: Claims Journal
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