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Aircraft Makers Push Ban on Lithium Battery Shipments
Aircraft makers are urging a ban on bulk lithium battery shipments on passenger planes, calling the threat of fires “an unacceptable risk,” according to an industry position paper obtained by The Associated Press. The International Coordination Council of Aerospace Industry … Source: Claims Journal
Read MoreAllied Insurance to Cut 140 Jobs at Nebraska Location Over a Few Years
Allied Insurance is giving employees lots of notice about job cutbacks at its regional office in Lincoln. The Lincoln Journal Star reports that 140 jobs will be eliminated in claims and customer service between 2017 and 2020. That will slice … Source: Claims Journal
Read MoreTennessee Judge Rules Cap on Personal Injury Suit Damages Unconstitutional
A Tennessee judge has ruled that a state law that caps the amount of money someone can win in a personal injury lawsuit for noneconomic damages is unconstitutional. The Times Free Press reports that on Monday, Hamilton County Circuit Judge … Source: Claims Journal
Read MoreBP Decides to Drop Bid to Oust Oil Spill Settlement Administrator
BP has abruptly switched legal strategies—again—in the multibillion-dollar liability fight stemming from the April 2010 Gulf of Mexico oil spill. The company dropped a campaign to oust a settlement administrator it had accused of tolerating waste and fraud. The move … Source: Claims Journal
Read MoreJury Verdict Favors Texas Insurer in Hidalgo County Hail Claim Case
A Texas-based insurance company has prevailed in the first lawsuit to go to trial over claims from two massive hailstorms in Hidalgo County, Texas, in 2012. The 12-member jury in Amaro v. National Lloyds found that National Lloyds Insurance Co. … Source: Claims Journal
Read MoreFEMA Vows Closer Watch on Flood Insurers, Engineering Firms
Federal disaster relief officials are keeping a closer eye on companies that help it provide flood insurance, following allegations by Hurricane Sandy victims that claims were denied or underpaid based on manipulated engineering reports. A spokesman for the Federal Emergency … Source: Claims Journal
Read MoreAllman Movie Director Pleads Guilty in Deadly Train Crash
The director of a movie about musician Gregg Allman pleaded guilty in a train crash that killed a camera assistant and injured six film workers, and prosecutors in exchange dropped charges against his wife and business partner. The case is … Source: Claims Journal
Read MoreConsumer Bureau Targets Mandatory Arbitration Clauses
Financial companies routinely use mandatory arbitration to block class-action lawsuits, making it difficult for consumers to win big payouts in disputes over credit cards and other products, a U.S. regulator found. When credit card issuers have faced suits seeking class- … Source: Claims Journal
Read MoreEpic Snow Fall in New England Causes Economic Woes Across All Industries
Ignore anyone who tells you snow is free. Every workday lost during New England’s winter has meant millions of dollars taken out of the regional economy. IHS Global Insight, an economic analysis firm, estimates Massachusetts alone suffered roughly $1 billion … Source: Claims Journal
Read MoreOhio State Lands $578,000 in Grants to Study Workplace Safety
Ohio State University will study how to improve workplace safety under three grants totaling $578,000 that it’s been awarded by the Ohio Bureau of Workers’ Compensation and Board of Regents. Administrator Steve Buehrer says the grants allow the bureau to … Source: Claims Journal
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