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Survey Shows Majority of Florida, California Homeowners Seeing Higher Insurance Costs
Few people in Florida and California will be surprises to hear that the majority of homeowners in those states have been affected by rising property insurance costs. A survey by Redfin, a U.S. real estate broker, found that just over … Source: Claims Journal
Read MoreCalifornia Sees Two More Property Insurers Withdraw From Market
California’s already strained property insurance market is facing a new challenge as two more insurers, Tokio Marine America Insurance Co. and Trans Pacific Insurance Co., plan to withdraw from the wildfire-prone state entirely starting in July. The two companies, units … Source: Claims Journal
Read MoreUnited Airlines Says Boeing to Compensate for Damages Caused by MAX 9 Grounding
United Airlines will receive compensation from planemaker Boeing for financial damages incurred in the first quarter due to the grounding of 737 MAX 9 aircraft, the carrier said on Wednesday. U.S. regulators had in January grounded some Boeing 737 MAX … Source: Claims Journal
Read MoreSmartmatic, One America News Settle Election Defamation Lawsuit
Smartmatic has settled a lawsuit accusing right-wing television network One America News of defamation by falsely claiming that the voting technology company rigged the 2020 U.S. presidential election to help Joe Biden beat Donald Trump. Terms of the settlement are … Source: Claims Journal
Read MoreBayer Pushes Legislation in Multiple States for Legal Shield Against Lawsuits
Stung by paying billions of dollars for settlements and trials, chemical giant Bayer has been lobbying lawmakers in three states to pass bills providing it a legal shield from lawsuits that claim its popular weedkiller Roundup causes cancer. Nearly identical … Source: Claims Journal
Read MoreViewpoint: The Impact of Behavioral Health on Workers’ Comp
Workers’ compensation is a crucial safety net for employees who suffer injuries or illnesses in the workplace by providing financial support, rehabilitation and medical care. However, beyond the physical aspects of workplace injuries, the role of behavioral health in workers’ … Source: Claims Journal
Read MoreEVs Head for Junkyard as Mechanic Shortage Inflates Repair Costs
Electric car sales already are in a funk in key markets around the globe. Challenges finding enough repair technicians threatens to further stifle demand in the UK, where consumer uptake has stagnated for the better part of two years. A … Source: Claims Journal
Read MoreSupplemental Claims Don’t Need to Include Damage Estimates, Fed Appeals Court Says
A federal appeals court has, at least for now, put an end to lingering questions about some property insurance claims litigation: The insured does not need to submit a competing damage estimate when filing a supplemental claim if the policy … Source: Claims Journal
Read MoreAccuWeather: Record Warm Winter Costs Businesses Billions in Losses
Unseasonably warm winter weather cost businesses and event planners in the northern Plains and upper Midwest billions of dollars in estimated losses, according to estimates from AccuWeather. Minnesota, North Dakota, Wisconsin, Michigan and Iowa experienced the warmest winter on record, … Source: Claims Journal
Read MoreSupreme Court Makes It Easier to Sue for Job Discrimination
The US Supreme Court made it easier for employees to sue over discriminatory job transfers, siding with a St. Louis police officer who says she was shifted to a different role against her will because she is female. The justices … Source: Claims Journal
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