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Iowa Flood Barrier Removal to Take Some Time
Officials say the removal of temporary flood barriers in Cedar Rapids, Iowa, will take an extended period of time. Cedar Rapids city engineer Nate Kampman said most of the removal work after water from recent floods receded focused on clearing … Source: Claims Journal
Read MoreFeds Probe Complaints of More F-150 Brake Failures
U.S. safety regulators are investigating whether a recall of Ford F-150 pickup trucks for brake failures should be expanded to more model years. The probe covers about 282,000 pickups with 3.5-liter six-cylinder engines from 2015 and 2016. The National Highway … Source: Claims Journal
Read MoreMichigan High Court Set to Hear Farm Bureau No Fault Case
If you hurt yourself while pulling stuff from your parked car, should your insurance company be on the hook for the injuries? The Michigan Supreme Court is opening a new term with arguments in that case and many others, including … Source: Claims Journal
Read MoreTop 3 Claims Against Plastic Surgeons Include Surgery Performance, Patient and Communication Issues
A study issued today of 1,438 claims against plastic surgeons insured by The Doctors Company, the nation’s largest physician-owned medical malpractice insurer, highlights that both patients and physicians should work together to reduce the risk of injury. The study, based … Source: Claims Journal
Read MoreVerisk Analytics: P/C Insurers Report $1.5B Net Underwriting Loss in First Half of 2016
Private U.S. property/casualty insurers reported a $1.5 billion net underwriting loss in the first half of 2016-the first year-to-date net underwriting loss in more than three years-and saw their net income after taxes drop to $21.7 billion in first-half 2016 … Source: Claims Journal
Read MoreThe Case of the Bambino’s Bat
Just in time for the World Series, this ‘Case Of’ shares the claim story of an avid baseball fan and collector whose claim included a Babe Ruth bat, which the insured claimed a value of $30,000. Babe Ruth is regarded … Source: Claims Journal
Read MoreHurricane Matthew Threatens Florida Coast
Early this morning, Hurricane Matthew was nearing the eastern tip of Cuba, according to the National Hurricane Center (NHC). Maximum sustained winds were recorded at nearly 125 mph (205 km/h) with gusts reportedly higher. It is considered a category 3 … Source: Claims Journal
Read MoreMaine Prosecutor Says Bedrooms in Burning Home Were ‘Death Traps’
An apartment house where six people died in a fire had been neglected during foreclosure and lacked alternative exits, allowing several bedrooms to become “death traps” when the blaze spread upstairs, a prosecutor said Monday to open the homeowner’s manslaughter … Source: Claims Journal
Read MoreAfter Report of $6.5B Offer From Sompo, Endurance Surges
Endurance Specialty Holdings Ltd. jumped the most since its 2003 initial public offering after a report that Sompo Japan Nipponkoa Insurance Inc. is planning to bid about $6.5 billion for the Bermuda-based insurer. Endurance surged 33 percent to $86.52 at … Source: Claims Journal
Read MoreNew York Tourists Fooled by Octopus Ferry Disaster
Ever hear about the gargantuan octopus that dragged a New York City ferry and its 400 passengers to the river bottom nearly 53 years ago? A cast bronze monument dedicated to the victims of the steam ferry Cornelius G. Kolff … Source: Claims Journal
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