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Business News: RiskBlock Alliance, QBE North America, Travelers

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18 Insurers Join Collaborative Blockchain Consortium: The Institutes RiskBlock Alliance The Institutes RiskBlock Alliance, the risk management and insurance industry’s first enterprise-level blockchain consortium in the U.S. RiskBlock today announced that 18 top risk management and insurance companies have joined … Source: Claims Journal

Inspectors Scrutinize NJ Transit’s Bad Brakes, Bare Wires, Rotten Parts

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Federal inspectors found scores of New Jersey Transit train cars riddled with fire risks, faulty brakes and electrical hazards as they scrutinized the troubled railroad that brings 95,000 workers to Manhattan daily. One engine was so defective it was declared … Source: Claims Journal

Probe Into First Aircraft Crash Believed to be Caused by Drone

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A helicopter’s crash landing in South Carolina this week may have been triggered by a civilian drone, which would make it the first drone-related crash of an aircraft in the U.S. The incident on Wednesday involved a student pilot and … Source: Claims Journal

Washington Court Rules on Discoverability of Insurer’s Claim File by Third Parties

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In 2013 the Washington Supreme Court found that an insurance company’s claim file was presumptively not privileged in disputes between insurance companies and their insureds unless the insurance company could demonstrate that the attorney-client aspects of the file involved the … Source: Claims Journal

Can Female-led Companies Curtail Sexual Misconduct?

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The Weinstein Co. thought it had found a path to survival. A group of investors led by a respected businesswoman offered to acquire the company, rebrand it and install a female-led board of directors. It was an eye-catching idea in … Source: Claims Journal

Nebraska City Sees Fewer Traffic Crashes Last Year Than in 2000

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There were slightly fewer crashes in Lincoln, Neb., last year than in 2000 despite a nearly 25 percent growth in the city’s population during that time, which officials say may be due to improvements in car safety and infrastructure, and … Source: Claims Journal

WCRI: Formulary May Cut Prescription Drug Costs for Louisiana State Employees

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A new FlashReport from the Workers Compensation Research Institute (WCRI) finds that a Texas-like formulary for Louisiana state employees may reduce prescription drug costs by 4 to 28 percent depending on prescribers’ response to the formulary. This would have resulted … Source: Claims Journal

Medical Marijuana Treatment Slowly Gains Traction in Workers’ Comp

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Though states and the federal government remain at odds on marijuana legalization, the drug is gaining traction as a viable treatment in workers’ comp claims. In a recent discussion with Claims Journal, Brian Allen, vice president of government affairs for … Source: Claims Journal

School Shootings Reveal Confusion Over Fire Alarm With Gunfire

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Students and teachers responded as trained when the fire alarm sounded, streaming out of the school and toward exits only to run into deadly gunfire. Two boys with stolen guns took aim from a wooded hill, waiting for people to … Source: Claims Journal

Kansas House Panel Rejects Bill to Prevent Oil and Gas Quakes

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A Kansas House committee has rejected a bill that was designed to prevent earthquakes that experts say are caused by oil and gas production wastewater disposal methods. The Sierra Club and several Kansas residents who say their homes were damaged … Source: Claims Journal