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Allianz Raises Dividend, Shrugs Off Hurricane Claims

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A record year for natural disaster insurance claims worldwide and a decline in fourth quarter profit wasn’t enough to stop Allianz SE from raising its dividend. Europe’s biggest insurer will increase the dividend for 2017 by 5.3 percent to 8 … Source: Claims Journal

After 2-Year Spike, 2017 Traffic Deaths Fell Slightly

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Traffic deaths on U.S. roads fell slightly in 2017 after two straight years of big increases, but a leading safety organization that compiled the numbers says it’s no cause for celebration. The National Safety Council on Thursday estimated that 40,100 … Source: Claims Journal

Leaping Elk Crashes Low-Flying Research Helicopter in Utah

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An elk leaped into a research helicopter that was trying to capture it and brought down the helicopter in a collision that also killed the elk, authorities said Tuesday. The elk jumped into the chopper’s tail rotor as the aircraft … Source: Claims Journal

Businesses Rethink Workplace Romance Policies

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It happens in so many workplaces – two colleagues begin a romantic relationship. But a heightened awareness about sexual harassment means small business owners can get more anxious when employees start dating. Many owners have consulted with employment attorneys or … Source: Claims Journal

Fraud News: Father and Son Building Scam, $1M Workers’ Comp Payroll Scheme

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Iowa Father and Son Sentenced in Insurance Fraud Case Two Iowa men were sentenced to two years of supervised probation after pleading guilty in Delaware County District Court recently to the charge of Fraudulent Practices in the Third Degree, an … Source: Claims Journal

Hurricanes Aren’t to Blame for Most Big Storm Surges in Northeast

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Hurricanes spawn most of the largest storm surges in the northeastern U.S., right? Wrong, according to a study by Rutgers University–New Brunswick scientists. Extratropical cyclones, including nor’easters and other non-tropical storms, generate most of the large storm surges in the … Source: Claims Journal

Texas Announces $1B for Hurricane Harvey Mitigation Efforts

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Texas communities that were hit hard by Hurricane Harvey will be able to apply for more than $1 billion in federal funds that can be used on projects to help prevent or lessen damage from future storms, Gov. Greg Abbott … Source: Claims Journal

Actor Bill Paxton’s Family Sues Hospital, Doctor for Wrongful Death

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The family of Bill Paxton has filed a wrongful death lawsuit against a Los Angeles hospital and the surgeon who performed the actor’s heart surgery shortly before he died. The suit filed Friday against Cedars-Sinai Medical Center alleges the surgeon, … Source: Claims Journal

Flurry of Grand Canyon Helicopter Tours May Factor Into Crash

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Six British friends boarded a sightseeing helicopter outside Las Vegas on their way to one of the busiest and noisiest stretches of the Grand Canyon – tribal land that is less regulated than the national park and allows tour pilots … Source: Claims Journal

In Illinois Disparagement is Not ‘Patent Pending’

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Some insurance policies do not specifically define the term “disparagement” in the policy. When the term “disparagement” is not defined, the courts will come up with a workable definition. As an example, in Lexmark International, Inc. v. Transportation Insurance Co., … Source: Claims Journal