News
Young, privately owned and ambitious, Anbang Insurance Group stands out in China’s staid, state-dominated insurance industry. Founded just 12 years ago, Anbang made a splash in the United States in 2014 with its $2 billion purchase of New York City’s … Source: Claims Journal
U.S. safety regulators initially declined to grant medical clearance for a German pilot who five years later deliberately flew an airliner full of people into a mountainside in the French Alps. A lawyer for victims’ families says they missed a … Source: Claims Journal
Oklahoma’s workers’ compensation system took a hit on March 1, 2016, when the state’s Supreme Court ruled as unconstitutional the provision in the 2013 Oklahoma Workers’ Compensation Act that prohibits workers’ comp claims from workers who have been employed less … Source: Claims Journal
Since 2001, the incidence of vehicle cloning – when a vehicle identification number (VIN) on a legally owned vehicle is transferred to a stolen vehicle – has risen at a cost of more than $36 million in fraudulent vehicle transactions, … Source: Claims Journal
BP Plc won’t have to face lawsuits by energy and oilfield service companies over losses they blamed on the U.S. offshore drilling ban imposed after the 2010 Gulf of Mexico oil spill. The court ruling eliminates one of the largest … Source: Claims Journal
Personnel at Volkswagen AG’s U.S. unit in Michigan destroyed evidence after the U.S. announced last year that the company had installed illegal devices on hundreds of thousands of vehicles to cheat emissions tests, a former employee said in a lawsuit. … Source: Claims Journal
Young adults fall more frequently than expected, and most falls occur during everyday activities such walking and talking, according to new research from Purdue University. “The most commonly cited statistic is that one in three older adults falls each year … Source: Claims Journal
Weeks after the first New York trial over General Motors’ faulty ignition switch controversy ended prematurely, a new one is set to start. The Manhattan federal court trial that begins on Monday is meant to define legal boundaries that may … Source: Claims Journal
Widespread flooding in Louisiana and Mississippi has damaged thousands of homes, and the risk of rising water prompted additional evacuations Sunday. At least four deaths have been reported in Louisiana amid the flooding that began last week, and the National … Source: Claims Journal
Taiwan launched a database Monday to inform residents about which areas might be susceptible to creating potentially catastrophic sinkholes in the event of one of the island’s frequent earthquakes. The Central Geological Survey’s research tool shows the potential for soil … Source: Claims Journal