U.S insured property values as of 2014 exceed $90 trillion, but the bulk of that is increasingly concentrated in vulnerable coastal areas. With that in mind, new risk metrics could better help monitor exposures, Karen Clark & Co. concluded in … The post U.S. Coastal Regions Hold Bulk of Insured Property Values appeared first on…

U.S. companies including insurers and aerospace manufacturers urged federal aviation regulators on Tuesday to speed up the use of drones in disaster response and relief operations in the United States. A report sponsored by the groups and released by the … The post Insurers Urge FAA to Speed Use of Drones for Disaster Response appeared…

A Washington man who was caught on video racing BMX bikes while claiming he was too injured to work pled guilty last week to stealing more than $14,000 in disability benefits. Tony T. Perry Sr., pleaded guilty to two counts … The post Washington BMX Racer to Pay $14K in Restitution for Workers’ Comp Fraud…

Blue Bell Creameries Inc., working to contain the spread of listeria after three people died from the bacterial disease, expanded a product recall to include everything it makes. Following an earlier recall of some ice cream, listeria has been found … The post Blue Bell to Recall All Products After More Listeria Found appeared first…

Some hotels on the Oregon coast are resisting a new tsunami awareness initiative. The city of Seaside has given hotels key holders that contain warnings of a potential tsunami and evacuation instructions, in an effort to inform visitors about the … The post Some Hotels in Oregon Coastal Town Resist Tsunami Awareness Initiative appeared first…

Officials are considering revising tsunami hazard maps after researchers found the Ventura fault line in Southern California is much more dangerous than previously believed. The Los Angeles Times reports that new geological research shows that the Ventura fault, is capable … The post Ventura Earthquake Fault Places California at Risk for Tsunami appeared first on…

Five years after the nation’s worst offshore oil spill, the industry is working on drilling even further into the risky depths beneath the Gulf of Mexico to tap massive deposits once thought unreachable. Opening this new frontier, miles below the … The post 5 Years After BP Spill, Companies Looking to Drill Even Deeper appeared…

The United Nations’ weather agency has removed “Isis” from a list of future Pacific hurricane names, deeming it inappropriate given that the extremist Islamic State group has used ISIS as an acronym. World Meteorological Organization spokeswoman Clare Nullis in Geneva … The post UN Weather Agency Scratches ‘Isis’ From Storm Name List appeared first on…

For decades, claims staff have tried to figure out case values using litigation research vendors and expensive mock trials. Though Magna Legal Services, a national company, offers verdict searches too, its clients wanted something more refined. After a year of … The post New Case Evaluation Tool Attempts to Replicate Jury Pool appeared first on…

MedRisk, Inc., the leader in managed physical medicine and diagnostic imaging services in workers’ compensation, has created a new Functional Capacity Evaluation program to provide claims professionals more effective decision-making tools and improve patient care. FCEs can be used to … The post MedRisk Launches Functional Capacity Evaluation Program appeared first on Claims Journal. Source:…