News
Under Oregon statute O.R.S. §742.056, an insurance company’s investigation of a loss or claim under the policy does not estop the insurance company from asserting any provision of the policy or any defense that the insurer may have under the … Source: Claims Journal
Thirteen million pounds of hazardous waste has been illegally stored in a building in an eastern Missouri flood plain for nearly four years, according to federal and state documents obtained by the St. Louis Post-Dispatch . The newspaper reports that … Source: Claims Journal
U.S. House lawmakers passed a wide-ranging bill to speed the introduction of self-driving vehicles championed by tech and auto companies racing to develop and deploy the technology. “With this legislation, innovation can flourish without the heavy hand of government,” Ohio … Source: Claims Journal
A decade-long lucky streak of decent weather that helped rescue one of Florida’s biggest home insurers from collapse could come to a wet, violent end if predictions about Hurricane Irma prove true. The state-run Citizens Property Insurance Corp. is strong … Source: Claims Journal
Although insurance carriers care deeply about the approval ratings from their policyholders, claims responses to claimant complaints are often stodgy, mistake-ridden and vague. The following 10 brief tips will help you catch and correct problems before sending out these important … Source: Claims Journal
People in Oregon covered their faces with scarves to keep choking ash from wildfires from filling their lungs and wiped the soot from windshields, similar to what long-time residents said they had to do in 1980 during the volcanic eruption … Source: Claims Journal
Ryan Appointed President, Navigators Specialty Casualty Tim Ryan has been promoted to president, Specialty Casualty. In his new role, he will be responsible for strategy and execution of Navigators’ Specialty Casualty product offerings in the wholesale market space. Ryan, who … Source: Claims Journal
When it comes to commercial drones usage, 61 percent of risk managers are concerned about the potential for invasion of privacy, according to a 2017 survey conducted by Munich Reinsurance America, Inc. (Munich Re, US) during the Risk Management Society … Source: Claims Journal
A Chinese startup with powerful backing plans to test a fleet of self-driving trucks in Arizona and Shanghai next year, competing with Uber Technologies Inc. and Alphabet Inc.’s Waymo in transforming the way goods are delivered. Haulage is ripe for … Source: Claims Journal
Harvey’s lengthy stay over Texas and Louisiana, first as a hurricane and then as a tropical storm, will result in considerable losses for businesses located in both states. According to Finley Harckham, a shareholder in the Insurance Recovery Group at … Source: Claims Journal