Uncategorized
Business Moves: Alacrity Services, Oriel Services, AIR Worldwide, CCC
Alacrity Services Announces Market Expansion With Launch Of Resolve Homeowner Program Alacrity Services launched Resolve to directly connect homeowners to its network of pre-screened restoration and repair contractors. The announcement marks a first-time expansion for the company from its core … Source: Claims Journal
Read More1971 Alaska Air Crash Pushed Safety Changes
In the first week of September, 45 years ago, Robert Mottram flew by helicopter to the Chilkat Mountains west of Admiralty Island. It was not a pleasant experience. On Sept. 4, 1971, Alaska Airlines Flight 1866, en route from Anchorage … Source: Claims Journal
Read MoreResearchers Say Ocean Warming is Staggering, Risk Assessments Necessary
A new published report on ocean warming, issued this week at the World Conservation Congress, makes clear the scale of ‘ocean risk’ for the first time. The International Union for Conservation of Nature (IUCN) report, funded by global (re)insurer XL … Source: Claims Journal
Read MoreOffensive Odors Are Pollutants According to South Carolina Court
In a recent decision, South Carolina Ins. Reserve Fund v. East Richland County Public Service Dist., 2016 WL 1125810 (S.C. App., filed 3/23/16), the Court found that the release of offensive odors constituted a pollutant because the odors involved gas … Source: Claims Journal
Read MoreNICB: Catalytic Converter Thefts Continue to Rise
The National Insurance Crime Bureau (NICB) reports today that from 2008 through 2015, there were 25,394 catalytic converter thefts across the nation. In 2008, there were 3,246 thefts of catalytic converters. That number rose to 3,986 at the end of … Source: Claims Journal
Read MoreOklahoma Workers’ Comp Loss Costs Fall 10.2%
The annual filing most insurance carriers will use to develop rates for workers’ compensation insurance shows a decrease for the fourth year in a row. The National Council on Compensation Insurance (NCCI) plans to file an overall loss cost decrease … Source: Claims Journal
Read MoreWells Fargo: Private Data Loss More Concerning to Businesses Than Hackers
With network security top of mind, businesses are nearly two times more concerned with losing private data (47 percent ) than hackers disrupting their systems (26 percent), according to the 2016 Network Security and Data Privacy Study, released by San … Source: Claims Journal
Read MoreAirbag Defect Linked to Death Prompts GM Recall of 4M Vehicles
General Motors Co. is recalling more than 4 million vehicles, most of them in the U.S., to fix an airbag software defect that has been linked to one death. The vehicles involved in the recall are all from the 2014-2017 … Source: Claims Journal
Read MoreInsurers, People Rarely Pay When Washington Bills for Negligence-Caused Wildfires
Washington regularly bills people who are deemed to have negligently started wildfires, but the state isn’t always successful at collecting. The state Department of Natural Resources spent about $45 million fighting 44 of the most recent fires caused by negligence, … Source: Claims Journal
Read MoreWastewater Wells Closing After Latest Oklahoma Quake a Fraction of State’s Total
The 37 wastewater disposal wells to be shut down in north-central Oklahoma, where a 5.6 magnitude earthquake struck this weekend, are just a fraction of the state’s total number. There are about 4,200 total wells across the state and about … Source: Claims Journal
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