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Public companies face a critical business decision in determining how much Directors & Officers (D&O) liability coverage to purchase. In order to attract and maintain strong independent board members, companies need to secure adequate D&O coverage while keeping down costs. … Source: Claims Journal

After several years of underwriting losses, underwriting performance for the U.S. property/casualty (P/C) industry’s workers’ compensation line generated a significant profit in 2015, according to a new report from Fitch Ratings. Competition is heating up however and Fitch expects a … Source: Claims Journal

The insured property damage from the May 2016 northern Alberta wildfire is estimated to be $3.58 billion, according to Catastrophe Indices and Quantification Inc. (CatIQ) and the Insurance Bureau of Canada (IBC). It is by far the costliest insured natural … Source: Claims Journal

According to New York City’s buildings department five people died and 51 were injured in elevator accidents last year. That’s why a citywide public awareness campaign being launched last week is urging people trapped inside stalled elevators to stay put. … Source: Claims Journal

When Dallas, Texas, police used a bomb-carrying robot to kill a sniper, they also kicked off an ethical debate about technology’s use as a crime-fighting weapon. In what appears to be an unprecedented tactic, police rigged a bomb-disposal robot to … Source: Claims Journal

The estimated 35,200 individuals killed in motor vehicle fatalities on U.S. roads in 2015 is alarming to the Governors Highway Safety Association (GHSA) and State Highway Safety Office members. This represents the largest year-over-year percentage increase (7.7 percent) since national … Source: Claims Journal

Our Enservio Select Team is often called in to establish value for rare items that are lost, stolen or damaged in a property claim, but in this case, we were called in to establish value for six truly one-of-a kind … Source: Claims Journal

Every car on the roads is an accident waiting to happen. It’s about time Silicon Valley woke up to the fact. The boom in autonomous-driving technology offers the prospect of one day reducing the roughly 90 percent of road accidents caused by so-called human … Source: Claims Journal

A Connecticut father and son are headed for a court showdown with the Federal Aviation Administration over whether the agency can force them to disclose information about drones shown in two YouTube videos firing a gun and deploying a flame … Source: Claims Journal

If recreational marijuana becomes legal in Massachusetts, it won’t be just for smoking. Edible marijuana products – a broad category that could include such treats as cookies and candy – would also be permitted under the ballot question nearly certain … Source: Claims Journal