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Louisiana’s Eroding Coast a $100B Nightmare for Big Oil

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From 5,000 feet up, it’s difficult to make out where Louisiana’s coastline used to be. But follow the skeletal remains of decades-old oil canals, and you get an idea. Once, these lanes sliced through thick marshland, clearing a path for … Source: Claims Journal

People News: Newby, Johnson, Hudgens, Pieretti

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Martin Newby Joins Olympus Insurance as VP of Claims Olympus Insurance Company, a Florida homeowners insurer, named Martin Newby vice president of Claims. Newby will serve as Olympus’ senior claims executive responsible for the development, implementation, organization and leadership of … Source: Claims Journal

Pennsylvania Councilman to Resign Amid Insurance Fraud Charges

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A city councilman is resigning following charges he filed a false accident report and repeatedly changed his explanation for what happened. Lebanon councilman Tony Matula, 59, faces charges including insurance fraud, false reports to law enforcement and hit and run, … Source: Claims Journal

Illinois Traffic Fatalities Expected to Top 1,000 in 2016

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Safety and insurance industry experts say Illinois traffic fatalities are expected to pass 1,000 this year for the first time since 2008 because of higher speeds, more miles driven and an increase in the number of younger drivers on the … Source: Claims Journal

Insurer Offers Litigation Coverage for Contingency Cases in U.S.

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When David Brill lost a trial for a client who fell off his neighbor’s ladder, it was a rare failure for his three-member Florida law firm. It also cost him $30,000 in expenses since he’d taken the case on contingency, … Source: Claims Journal

European Safety Agency Proposes Strict Pilot Medical Checks

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The European Aviation Safety Agency on Tuesday proposed tougher medical examinations for pilots, including better mental health assessments, in response to last year’s Germanwings crash. Pilot Andreas Lubitz locked his captain out of the cockpit and flew a plane into … Source: Claims Journal

Best Practices for Valuing Fine Porcelain

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A vase can be worth under .50 cents or over $50 million These days just about every household has some sort of porcelain, whether it’s as a collectible, dinnerware or holiday ornament. And it is one of the most intriguing … Source: Claims Journal

Northern California Wildfire Destroys More Than 100 Homes

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A wind-whipped wildfire roared through a Northern California town threatened by a devastating blaze nearly a year ago, wiping out more than 100 homes and businesses and forcing thousands of people to flee, authorities said Monday. The fire seemed calm … Source: Claims Journal

Hotels in 10 States and DC Likely Hit by Hackers

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An undisclosed number of people who used credit cards at 20 Hyatt, Sheraton, Marriott, Westin and other hotels in 10 states and the District of Columbia may have had their cards compromised as a result of hack of the hotels’ … Source: Claims Journal

New Audi Technology Will Allow Cars to Talk to U.S. Traffic Signals

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German carmaker Audi is rolling out technology that will allow its vehicles in the United States to communicate with traffic signals, allowing for a more stress-free ride in what it says is the car industry’s first commercial use of the … Source: Claims Journal