Uncategorized
CCC: Surge in Gas Prices Won’t Curb Rising Auto Claims Costs
Elevated prices for replacement parts and a shortage of technicians are among the factors that will likely offset any decrease in auto claim frequency caused by the surge in gasoline prices, according to a report released Monday by CCC Intelligent … Source: Claims Journal
Read MoreDangerous Pacific Northwest Heat Wave Suspected in Seven Deaths
BOISE, Idaho (AP) — Authorities in the Portland, Oregon, region said they would keep cooling shelters open through Sunday night as a likely record-breaking heat wave brought scorching weather to the normally temperate region. At least seven people are suspected … Source: Claims Journal
Read MoreWildfires in West Explode in Size amid Hot, Windy Conditions
SAN DIEGO (AP) — Wildfires in California and Montana exploded in size overnight amid windy, hot conditions and were quickly encroaching on neighborhoods, forcing evacuation orders for over 100 homes Saturday, while an Idaho blaze was spreading. In California’s Klamath … Source: Claims Journal
Read MoreFloods Strike New Blow in Place That Has Known Hardship
JACKSON, Ky. (AP) — Evelyn Smith lost everything in the deadly floods that devastated eastern Kentucky, saving only her grandson’s muddy tricycle. But she’s not planning to leave the mountains that have been her home for 50 years. Like many … Source: Claims Journal
Read MoreLebanon Doubts Ukraine Claim of Stolen Grain on Syrian Ship
BEIRUT (AP) — Lebanon appeared Friday to reject claims by the Ukrainian Embassy in Beirut that a Syrian ship docked in a Lebanese port is carrying Ukrainian grain stolen by Russia, following an inspection by Lebanese customs officials. A senior … Source: Claims Journal
Read MoreRuling Leaves Questions About Boy Scouts Bankruptcy Plan
DOVER, Del. (AP) — A Delaware bankruptcy judge has approved parts of the Boy Scouts of America’s reorganization plan but has rejected other provisions, saying in a ruling Friday that the organization has “decisions to make” regarding the plan. Judge … Source: Claims Journal
Read MoreSix Suffer Severe Burns in Central Mississippi Explosion
KEARNEY PARK, Miss. (AP) — At least six workers suffered severe burns following a Friday morning explosion in central Mississippi. The explosion happened at a salt water disposal site in Madison County, WLBT-TV reported. At least six people sustained burns … Source: Claims Journal
Read MoreClaims Fraud: Insurance Agent, Public Adjuster, Auto Repair Shop Owner
Insurance Agent Pleads Guilty to Embezzlement The chief executive officer of a Taunton, Massachusetts insurance agency pleaded guilty to embezzlement charges in a scheme that stole $295,278 from local businesses, state Attorney General Maura Healey’s office said Friday. David G. … Source: Claims Journal
Read MoreViewpoint: Jury Blasts Defense with a $464.5 Million Nuclear Verdict
Plaintiffs’ California dreamin’ became a reality when a Los Angeles jury went nuclear with a verdict of $464.6 million after an eight-week trial in June. The verdict included $24.6 million in compensatory damages and a staggering $440 million in punitive … Source: Claims Journal
Read MoreLloyd’s of London’s Ascot, Marsh Provide Insurance for Ukraine Sea Corridor
LONDON — Lloyd’s of London insurer Ascot and broker Marsh MMC.N on Friday launched marine cargo and war insurance for grain and food products moving from Ukrainian Black Sea ports, removing a hurdle to getting shipments underway. Russia and Ukraine … Source: Claims Journal
Read More