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Insurers Mobilize to Assist With New Mexico Hail Damage Claims
The unusually large hail that recently pounded Las Cruces, N.M., has residents scrambling to call insurance agents over damaged roofs and dented vehicles. Saturday’s storm dropped golf ball-sized hail left Sonoma Ranch Golf Course unplayable, reported Las Cruces Sun-News reports, … Source: Claims Journal
Read MoreTexas Supreme Court Upholds Anti-Concurrent-Causation Clauses in Property Policies
The Texas Supreme Court in JAW the Point, LLC v. Lexington Ins. Co., 460 S.W.3d 597 (Tex. 2015) held, on first impression, that losses incurred in demolishing and rebuilding property damage resulting from Hurricane Ike to comply with city ordinances … Source: Claims Journal
Read MoreIRC Report: Auto Injury Claims Costs Rise Despite Safer Vehicles
Claims cost per injured vehicle are still increasing in the United States, even though better vehicle safety has helped reduce claims frequency, the Insurance Research Council found in a new report. The IRC, a division of the American Institute For … Source: Claims Journal
Read MoreLiberty Mutual Appoints Michel to Lead National Insurance Casualty Unit
Boston-based Liberty Mutual appointed Debbie Michel executive vice president and general manager of its National Insurance Casualty unit, which provides general liability, commercial auto and workers compensation coverage and services to risk management accounts across the country through brokers and … Source: Claims Journal
Read MoreNew ICD 10 Codes Leads to Big Growth to Philippines Outsourced Medical Services
Leaders of the Philippine outsourcing industry said Monday they expect a big increase in business as the result of a new, highly detailed medical diagnosis coding system adopted by the U.S. for insurance claims. The Philippines is the world’s leader … Source: Claims Journal
Read MoreAnalysts Warn That Experian Data Breach Could Prompt Fines, Lawsuits
Experian, the world’s biggest credit data firm, could face fines and class action lawsuits as well as reputational damage from the data breach at its U.S. business, according to analysts covering the company. Experian’s shares fell about 4.5 percent to … Source: Claims Journal
Read MoreStudy Reveals Zip Line Popularity, Injuries Soar
Injuries from zip line accidents have soared along with the popularity of an activity that hurtles riders through the air, sometimes at dizzying heights above ground, a study of U.S. emergency room data shows. Over 16 years, nearly 17,000 people … Source: Claims Journal
Read MoreVW’s California Pollution Test Site Under Scrutiny Amid Emissions Scandal
When Volkswagen opened its gleaming pollution testing center near the California coast, a top executive from the German automaker helped snip the blue ribbon and joined a tour of a lab so advanced that VW would brag the air inside … Source: Claims Journal
Read MoreCrawford Global Technical Services Launches European Financial Lines Claims Service
In response to growing regulatory action and tightening legislation, Atlanta-based Crawford & Company launched a new Financial Lines Claims Service throughout Europe headed by Rianne Baumann, liability director for Europe, and John Buckle, liability managing director for the UK. “From … Source: Claims Journal
Read MoreHalliburton Offers Settlements Over Chemical in Wells to Property Owners
Halliburton is offering settlements to dozens of property owners after a chemical compound called ammonium perchlorate showed up in residents’ private wells. The company has offered settlements to 130 plaintiffs involving more than 80 properties in Duncan. As of Oct. … Source: Claims Journal
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