News
Axis Insurance says the lawsuit brought against racing star Tony Stewart, whose car struck and killed another racer during a New York event in 2014, is not covered by the insurance policies it issued for Stewart. Axis maintains that its … Source: Claims Journal
Zurich, a global property and casualty insurance provider, appointed Paul Horgan, previously head of Group Reinsurance, has been appointed CEO of Zurich’s Global Corporate in North America (GCiNA) business effective immediately. As CEO, Horgan is now accountable for the direction, … Source: Claims Journal
Verisk Analytics Inc., the provider of data to insurers and banks, was named to join the Standard & Poor’s 500 Index after the company’s market value passed $12 billion on a share rally and expansion through acquisitions. Verisk will replace … Source: Claims Journal
Joaquin became a major hurricane as it tears toward the Bahamas and government forecasters said they can’t rule out a strike on the U.S. East Coast as early as Sunday. The 10th storm of the Atlantic season had top wind … Source: Claims Journal
In 2014, a total of 11,625 heavy equipment thefts were reported to law enforcement—an increase of 1.2 percent from the 11,486 reported in 2013, according to a new report published by the National Insurance Crime Bureau. The report on heavy … Source: Claims Journal
The U.S. Environmental Protection Agency has finalized a plan to clean up contaminated soil from residential properties at the Sherwin-Williams/Hilliards Creek Superfund site in Gibbsboro and Voorhees, N.J. The site includes a former paint manufacturing plant and the waters of … Source: Claims Journal
The author, Franz Kafka, known for his dark situations which many people relate to, once wrote a very short story about omnipotent power floating just beyond our reach. You go to the city to see the law. Upon arrival outside … Source: Claims Journal
As cars increasingly resemble digital devices, a group of technology firms that can send wireless software updates to cars are in hot demand by carmakers scrambling to catch up to Tesla Motors in the arena of over-the-air updates, or OTAs. … Source: Claims Journal
Two months after receiving a record $105 million fine for lapses in U.S. auto safety recalls, Fiat Chrysler Automobiles NV faces new problems over lax safety reports that could lead to additional financial penalties for the Italian-U.S. automaker. Federal regulators … Source: Claims Journal
American Well, a telehealth services provider, announced it is entering the workers’ compensation sector through a strategic partnership with CorVel Corporation, a national provider of risk management solutions. Together the companies will deliver on-demand doctor evaluations for employees with a … Source: Claims Journal