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Cyber Threats, Competition Top Business Concerns in 2016 Allianz Risk Barometer
The impact of disruptive events, fierce market competition and cyber incidents ranked as top concerns, according to the fifth annual survey on corporate risks published by Allianz Global Corporate & Specialty (AGCS), which surveyed over 800 risk managers and insurance … Source: Claims Journal
Read MoreReport Says FDA Fails in Ensuring Safety of Medical Devices
America’s system for ensuring that medical devices are safe failed at every turn when dirty endoscopes began spreading deadly superbugs, according to a Senate investigation released today. The report, from Senator Patty Murray, a Washington Democrat, blames device manufacturers, hospitals, … Source: Claims Journal
Read MoreWashington Company Fined More Than $1M for July 2015 Blast
Zodiac Cabin & Structures Support LLC has been fined $1,316,000 for workplace safety and health violations following an explosion at its carbon fiber production plant north of Spokane. Seventeen workers were injured in the oven explosion at the Newport, Wash., … Source: Claims Journal
Read MoreSelf-Braking Cars Top NTSB Wish List for 2016
Safety officials want to see more technology used to reduce accidents on U.S. roads, airways and railroads. In its annual “Most Wanted” list, the National Transportation Safety Board is urging government regulators and industry to move more quickly to adopt … Source: Claims Journal
Read MorePartial Agreement Reached in Case Involving Sickened Samsung Workers
Samsung Electronics reached a partial agreement on workplace safety with sickened workers and their families, nearly a decade after the death of a 22-year-old chip worker from leukemia galvanized concern about conditions in South Korea’s semiconductor industry. The South Korean … Source: Claims Journal
Read MoreEx-Politician, Lawyer John Edwards Vying for Lead Role in Volkswagen Suit
Among the more than 140 plaintiffs’ lawyers competing to lead private litigation against Volkswagen over its emissions cheating scandal is former U.S. Senator and Democratic Vice-Presidential candidate John Edwards. Edwards, who was a trial lawyer in North Carolina before his … Source: Claims Journal
Read MoreCES Show Proves Drones Aren’t a Passing Fad
If you’re used to thinking of drones as a passing fad, last week’s CES gadget show should give you second thoughts. Tiny, self-piloted copters promise to buzzily follow you around like something out of a Neal Stephenson cyberpunk novel. New … Source: Claims Journal
Read MoreBond Reduced for Mother of Texas ‘Affluenza’ Teen
The mother of a Texas teenager who used an “affluenza” defense for a deadly wreck could soon leave jail after a judge on Monday sharply reduced her bond. Tonya Couch’s bond is now $75,000 instead of $1 million. She is … Source: Claims Journal
Read MoreFire Expert Testimony Can Make, Break Case
Understanding why fire expert testimony is accepted or rejected during litigation can save adjusters time and money, according to experts who presented on the subject during a live streaming session held by the National Association of Subrogation Professionals. “Fire Experts … Source: Claims Journal
Read MoreBellwether GM Defective Ignition Switch Cases Began This Week in Federal Court
Zachary Stevens was a teenager headed to bible study when his Saturn Sky shot across a Texas highway into a pickup and killed the driver. Ruben Vazquez, 20, died after a drunk slammed into his stalled Chevy Cobalt on a … Source: Claims Journal
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