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Study Finds Potholes Cost Insurers, Consumers $27B

Poor road conditions have cost consumers and the insurance industry at least $27 billion over a five year period, according to a 2014 survey commissioned by Trusted Choice and the Independent Insurance Agents & Brokers of America. The survey also … Source: Claims Journal

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Highway Fatalities Drop 18% in West Virginia in 2014

Division of Motor Vehicles Commissioner Pat Reed says an 18 percent decline in highway fatalities could be due to recent safety laws and public awareness campaigns. Reed said Tuesday that highway fatalities dropped from 332 in 2013 to 271 in … Source: Claims Journal

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Bill Presumes Connecticut Firefighters’ Cancer Is Job-Related

State lawmakers in Connecticut are considering legislation that would presume firefighters who have cancer most likely got it from their jobs, easing claims for insurance or workers’ compensation. The science supports firefighters’ argument, Waterbury Deputy Chief Richard Hart, political affairs … Source: Claims Journal

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Specialty Drugs Driving Up Prescription Costs: Express Scripts

Prescription drugs spending jumped 13 percent last year, the biggest annual increase since 2003, according to the nation’s largest pharmacy benefits manager. Express Scripts Holding Co. said that the jump was fueled in part by pricey specialty drugs that accounted … Source: Claims Journal

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