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Owned Vehicle Exclusion Defeats Underinsured Motorist Claim

A U.S. district court in Missouri has rejected a policyholder’s strained interpretation of an “owned vehicle exclusion” standard in the underinsured motorist (UIM) coverage of automobile policies. The case, filed January 22, 2006, is entitled Walker v. Progressive Direct Ins.Co., … Source: Claims Journal

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Cyber Thieves Make Millions Off High Profile Data Breaches

Cyber thieves who steal credit and debit card numbers are making millions of dollars in profits, fueling a global criminal enterprise marked by the high-profile data breaches of major companies such as Target and Home Depot. Thomas J. Holt, Michigan … Source: Claims Journal

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Volkswagen Resisted Takata Airbag Recall Initially

Volkswagen resisted U.S. government efforts to recall more cars and trucks to fix potentially deadly Takata airbags – telling safety regulators that a recall isn’t necessary. But the German automaker, already in hot water with the government for cheating on … Source: Claims Journal

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Outdated, Broken Police Cruisers Frustrate Officers

Holes in the floorboards. Cracks in fenders and bumpers. Metal that sticks out of torn seats and rips uniforms. Gas gauges that don’t work. Radio equipment that malfunctions. Occasional breakdowns. Peeling paint. And then there’s the time a detective heading … Source: Claims Journal

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