Uncategorized

Three California district attorneys announced they had obtained a $925,000 settlement in a consumer protection lawsuit brought against the Liberty Mutual Group, Inc. and Liberty Mutual Fire Insurance Company, which offers Liberty Mutual auto insurance in California and nationwide. The … Source: Claims Journal

Things haven’t gone as bad as they could have so far in 2016 coming off last year’s record-setting wildfire season in the Western U.S., according to a report out today detailing wildfire risks to properties in the Western U.S. The … Source: Claims Journal

U.S. homeowners premiums increased from $74 billion in 2011 to $89 billion in 2015, and will rise to a projected $91 billion for 2016 given prospective rate activity. Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc … Source: Claims Journal

Attorneys for Don Blankenship and the federal government are back in court this week as the former coal operator appeals his misdemeanor conviction in connection with the deadliest U.S. mine disaster in four decades. Blankenship reported to a California federal … Source: Claims Journal

Japan’s estimate of dismantling the Fukushima nuclear plant is ballooning far beyond the utility’s estimate of 2 trillion yen ($19 billion). A government study released Tuesday found decommissioning the Fukushima Dai-ichi plant already has cost 80 billion yen ($770 million) … Source: Claims Journal

Ana Car didn’t remember the sudden impact, only that she woke up among dead and injured passengers in a dark bus filled with screams of terror and agony. The retired factory worker had spent an evening gambling at a desert … Source: Claims Journal

Pickup truck headlights performed poorly in new tests by the insurance industry. The Insurance Institute for Highway Safety tests measured how far light carries from the trucks’ high beams and low beams, both on straight roads and curves. They also … Source: Claims Journal

The third-largest earthquake in Oklahoma was likely triggered by underground disposal of wastewater from oil and natural gas production, the U.S. Geological Survey found in a report issued Monday. The magnitude 5.1 quake that struck northwest of Fairview in February … Source: Claims Journal

Xceedance Establishes London Office Xceedance, a global provider of property/casualty insurance technology, analytics and consulting services, has established an office in London to serve the European, Middle East and Africa (EMEA) market, according to a company announcement. Xceedance is a … Source: Claims Journal

Gen Y customer satisfaction with the auto insurance process, while still the lowest among all generations, is improving and carrying the rest of the industry with it, according to the J.D. Power 2016 U.S. Auto Claims Satisfaction Study, released today. … Source: Claims Journal