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Business News: Coverys, USI, Markel, QBE North America
Coverys Announces Acquisition of Med-IQ Coverys announced the acquisition of Med-IQ, a global provider of medical education and healthcare quality improvement. Baltimore-based Med-IQ provides certified educational courses for clinicians; offers a suite of educational services to hospitals, academic medical centers, … Source: Claims Journal
Read MoreIs Advertising Injury in the Bag?
Is advertising injury in the bag? In a recent decision the United States Second Circuit Court Of Appeals found that the sale of counterfeit branded goods was not covered as advertising injury. In United States Fidelity & Guaranty Co. v. … Source: Claims Journal
Read MoreAutomated Cars, Trucks Threaten Professional Driver Jobs
Ronald De Feo has watched robots take factory jobs for years. Now he sees them threatening a new class of worker: People who drive for a living. “I am in Pittsburgh; it’s a test market for Uber’s autonomous vehicle,” says … Source: Claims Journal
Read MoreDetroit Agrees to Pay $11 M in Water Damage Claims to 800 Residents
Months after two severe storms flooded basements on Detroit’s east side, the Michigan city’s water department has decided to pay the claims of all residents who aren’t suing it. Hundreds of homes were damaged during the July 8 storm, which … Source: Claims Journal
Read MoreInsurance Commissioners Elected in 5 States
Now that the presidential election has been decided, attention has turned to some of the smaller races within each state. Five states held elections for insurance commissioner yesterday. According to Ballotpedia.org, incumbent Karen Weldin Stewart, sought a third term during … Source: Claims Journal
Read MoreAgency Official Says Security Controls ‘Work’ Despite NSA Theft
The top U.S. counterintelligence official says secret government data is vulnerable to thieves, such as the National Security Agency insider accused of working undetected for 20 years to steal a large trove of classified material, even as he defends the … Source: Claims Journal
Read MoreTrump to Tackle Immigration, Trade, Taxes, Healthcare
Donald Trump’s surprise election Tuesday as U.S. president means the repudiation of Barack Obama’s legacy and a strong likelihood Republicans will undo many of his accomplishments, including Obamacare and trade deals, and seek tax cuts for the rich. While Trump … Source: Claims Journal
Read MoreRecalled Midea Dehumidifiers Caused Reported $4.8M in Property Damage
Humidifiers made by GD Midea and sold between January 2003 and December 2013 are being recalled due to the potential to overheat, smoke and catch fire, posing serious fire and burn hazards. According to an alert issued by the Consumer … Source: Claims Journal
Read MoreFive Best Practices to Ensure the Injured Worker Comes First
Putting the injured worker first is key to the “advocacy-based claims model,” which puts the worker at the center of all activity. “It focuses on improving the injured worker’s experience. Until now, most employers have focused on corporate outcomes. Goals … Source: Claims Journal
Read MoreHottest 5 Years Ever for Earth
Earth experienced its hottest half-decade on record between 2011 and 2015 and the floods, droughts and storms unleashed by rising temperatures are likely only a prelude to new weather extremes, the World Meteorological Organization said. As delegates from almost 200 … Source: Claims Journal
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