News
Federal investigators were dispatched to three towns just outside Boston after dozens of explosions and fires along NiSource Inc.’s natural gas network left at least one person dead and 13 injured and displaced over 8,000 customers. Massachusetts State Police reported … Source: Claims Journal
An investigation revealed that a truck driver who authorities say caused a crash that killed him and three Idaho airmen had more than 20 traffic violations in several states. Illya Tsar was driving a 2019 Volvo tractor-trailer east on Interstate … Source: Claims Journal
NHL Commissioner Gary Bettman downplayed the significance of entering mediation with former players in a bid to settle a concussion lawsuit, saying Tuesday the league is simply following a judge’s order. “The judge asked us to go into mediation and … Source: Claims Journal
Puerto Rico’s governor said Tuesday that his administration has adopted new measures to better prepare for a disaster like Hurricane Maria although he warned of limitations given the U.S. territory’s economic crisis. Gov. Ricardo Rossello said two warehouses filled with … Source: Claims Journal
Mega workers’ comp claims – losses exceeding $10M – jumped in 2016, according to a new report by the National Council on Compensation Insurance (NCCI). According to Tony DiDonato, author of the research brief, it’s unclear if this is a … Source: Claims Journal
Two recent California wildfires are now counted among the most destructive wildfires in the state’s history, according to Insurance Commissioner Dave Jones. Insured residential and commercial losses from the Carr and Mendocino Complex fires top $845 million. The insurance commissioner … Source: Claims Journal
Five years ago, encouraged by home builders and an anti-regulatory zeal, lawmakers in North Carolina joined other states in weakening building code requirements. It’s a decision they may regret as Hurricane Florence takes aim at the Carolinas. The Legislature in … Source: Claims Journal
Changes in the path and intensity of Hurricane Florence are keeping forecasters, government officials and insurers on their toes. An update by AIR Worldwide yesterday indicated that storm surge heights of 9-13 feet could be expected. “Florence’s slow motion just … Source: Claims Journal
Catastrophe-bond investors are trying to assess the potential fallout from Hurricane Florence and whether they’re in store for painful losses. If the storm’s path of destruction – which is aimed at North and South Carolina – causes enough damage in … Source: Claims Journal
A federal safety agency is recommending that all new motorcycles built for road use in the U.S. have anti-lock brakes and electronic stability control as standard equipment. The National Transportation Safety Board voted 5-0 on Tuesday to make the recommendations … Source: Claims Journal