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Ruling in a nearly decade-old lawsuit, a judge in Washington said Friday that the federal government is responsible for some of the catastrophic flooding that followed Hurricane Katrina and other storms – flooding blamed on a now-closed navigation channel. Judge … The post Judge Rules Federal Government Liable for Some Katrina Flooding appeared first on…

A Los Angeles jury has awarded $13 million to a 73-year-old woman who contracted a deadly disease from using asbestos-containing talcum powder manufactured by Colgate-Palmolive Co. The verdict Tuesday in Superior Court found that New York-based Colgate was 95 percent … The post California Woman Awarded $13M for Asbestos Exposure From Talcum appeared first on…

When Daisy is called to a fire scene, she knows that work comes first and socializing with firefighters comes second. It can be tough for her, especially when everyone tells her she is so beautiful and talented but thankfully her … The post State Farm Arson Dog Program Recognized During Arson Awareness Week appeared first…

Increased scrutiny by federal regulators with bipartisan support from legislators will lead to more frequent and larger auto recalls in the future, according to a new automotive warranty and recall report released by Stout Risius Ross, a global financial advisory … The post Number of Future Auto Recalls Expected to Rise appeared first on Claims…

Following the completion of XL Group plc’s acquisition of Bermuda-based Catlin Group Limited on May 1, XL and Catlin have officially joined operations and launched a new brand, XL Catlin. A new global marketing campaign, reflecting the greater scale, ambition … The post XL Group Completes Catlin Acquisition, Launches New Brand appeared first on Claims…

Hundreds of crashes involving defective cars are going unreported each year because under U.S. safety rules automakers aren’t required to report suspicious accidents for models more than 10 years old. That’s worrisome, safety advocates say, because the average age of … The post Possible Recall-Related Crashes Involving Vehicles 10 Years and Older Going Unreported appeared…

Swiss Re AG, Europe’s second-biggest reinsurer, said regulators should prevent catastrophe bonds from being repackaged like subprime mortgages. “It’s important for traditional players like us and regulators that we make sure we don’t get into a situation where you start … The post Swiss Re Warns That Catastrophe Bonds Risk Subprime Slice-Up appeared first on…

Attorney General Loretta Lynch urged greater cooperation between the government and private industry to combat computer hackers, a key component of a new cyberattack playbook released by the Justice Department. Speaking to a gathering of government and industry leaders in … The post Greater Cooperation Among Public, Private Entities Urged to Fight Cybercrime appeared first…

The average medical payment per claim for treating injured workers decreased by 5 percent in California in 2013, according to a recent study by the Workers Compensation Research Institute (WCRI), which could reflect some early impact of the state’s reform … The post Average Medical Payment Per Claim Decreased 5% Following California Regulatory Changes appeared…

Trinity Industries Inc. was sued by shareholders alleging the company failed to disclose it made changes to its guardrail safety system without government review. At least two lawsuits were filed in federal court in Dallas accusing the company of making … The post Trinity Shareholders Sue Over Guardrail Disclosures appeared first on Claims Journal. Source:…