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A new hurdle to Amtrak’s automated solution to prevent high-speed train derailments like the fatal accident in Philadelphia emerged at a hearing Wednesday. The system that commands trains to slow down to avert emergencies may not work properly in some … The post Last Month’s Amtrak Train Crash Costs Estimated at $9.2M Amid News of…

Trinity Industries Inc., maker of a highway guardrail safety system tied to at least nine deaths, must pay $663 million for defrauding the U.S. government. The decision by U.S. District Judge Rodney Gilstrap in Marshall, Texas, caps Trinity’s three-year legal … The post Guardrail Fraud Award Grows to $663M to Trinity’s Dismay appeared first on…

Lawyers for homeowners in seven states say they have a simple way to help the 2,700 who have spent years in what lawyers call a toxic environment caused by Chinese drywall. Chris Seeger told U.S. District Judge Eldon Fallon as … The post Federal Judge Will Set Chinese Drywall Damages for 2,700 Homeowners appeared first…

In less than a month, Oregonians over age 21 will be able to legally grow, own and consume their own small amounts of recreational marijuana. Legislators, however, are still working on the regulations that will govern the legal marijuana industry. … The post Oregon Lawmakers Work on Recreational Marijuana Regulations as Deadline Nears appeared first…

A man accused of plotting a deadly explosion that damaged or destroyed more than 80 homes in an Indianapolis neighborhood should have known the scheme could kill people, even if that wasn’t his intent, a prosecutor told jurors Monday as … The post Indiana Prosecutor Says House Blast was a Selfish Plan Gone Awry appeared…

FM Global, a global commercial and industrial property insurer, announced the publication of the first-ever index of many of the world’s building codes. The 2015 FM Global Country Building Codes Index is a PDF document available at no charge and … The post FM Global Publishes Comprehensive Index of Countries’ Building Codes appeared first on…

In the context of workers’ compensation, there are two classifications of employees: (1) actual employees; and, (2) statutory employees. A contractor who sublets part of its work to a subcontractor develops a statutory employment relationship with the employees of that … The post Employee Exclusion Applies to Both Actual and Statutory Employees Under Florida Law…

A new report indicates there are 4.5 million U.S. homes at high or extreme risk of wildfire, with more than two million of them in California, according to the 2015 FireLine State Risk Reports issued by Verisk Insurance Solutions. The … The post 2015 Wildfire Report Identifies More Than 2M California Homes at Risk appeared…

Feeling soggy? Last month was the wettest on record for the contiguous United States, according to federal meteorologists. On average 4.36 inches of rain and snow – mostly rain – fell over the Lower 48 in May, sloshing past October … The post May was Wettest Month on Record appeared first on Claims Journal. Source:…

A new survey highlights opportunities for North American property/casualty insurers to better utilize property claims third party services. Commissioned by BrightClaim, a national claims services provider, and conducted by Ward Group, a provider of benchmarking and best practices studies to … The post New Survey Highlights Opportunities for Improving Property Claims Vendor Usage appeared first…