Uncategorized

ICW Group Insurance Companies named Lynn Moretti chief claims officer. Moretti will oversee the company’s claims operations nationwide. Moretti previously served as chief claims officer for AmTrust Specialty, managing international claims operations in the U.K. and European Union. She has … Source: Claims Journal

A federal jury in Marshall, Texas found on Friday that Samsung Electronics owes patent owner Collision Communications nearly $445.5 million in damages for infringing on patents related to 4G, 5G and Wi-Fi communications standards. The jury said that Samsung’s laptops, … Source: Claims Journal

New York City and the Northeast are in the crosshairs of a massive storm poised to bring high winds, surging tides and heavy rain throughout the region starting Sunday. Source: Claims Journal

La Niña, the cooler and at times costlier flip side of El Nino, has arrived to warp weather worldwide, meteorologists said Thursday. This natural weather phenomenon often turbocharges the Atlantic hurricane season, but this La Nina may be too weak … Source: Claims Journal

As the automotive landscape evolves, it has become important to distinguish between electric vehicles and hybrid electric vehicles in comparison to traditional internal combustion engine vehicles. EVs are powered entirely by electricity and rely on high-voltage battery systems, while HEVs … Source: Claims Journal

Earth’s nastiest and costliest wildfires are blazing four times more often now than they did in the 1980s because of human-caused climate change and people moving closer to wildlands, a new study found. A study in the journal Science looks … Source: Claims Journal

Employers and employees see safety issues and solutions differently, and open communication could be the easy solution. A recent report on employees’ safety perspectives found gaps in both issues and solutions when it comes to workplace safety. When comparing findings … Source: Claims Journal

Medical costs per claim have begun to rise following a period of relative stability post-pandemic, a new report shows. A Workers Compensation Research Institute report out this week shows medical payments per claim recently started increasing, fueled by an increase … Source: Claims Journal

The Federal Reserve’s former top-ranking official overseeing climate risk says the U.S. economy faces a series of long-term, structural shocks as a result of increasingly extreme weather patterns. Kevin Stiroh, who left the Fed earlier this year after it wound … Source: Claims Journal

A weather-changing La Niña has emerged in the Pacific Ocean, increasing the risk of drought in California and crop-growing regions in Brazil and Argentina while also bringing cold to the US Midwest and a milder winter to New York and … Source: Claims Journal