Over 35 years in the business, We are here to help!
Call (800) 554-0098 or Email

News

Insurance Claims Unlikely to Cushion Coronavirus Losses – But There Are Exceptions

| Comments Off

Don’t look for much relief from insurers to cushion losses from canceled events, travel disruptions and potential medical claims from the deadly Covid-19 virus that’s sweeping across the globe. The world’s largest insurers have learned lessons from previous health crises, … Source: Claims Journal

Half of World’s Sandy Beaches May Disappear, Say Climate Researchers

| Comments Off

Scientists say that half of the world’s sandy beaches could disappear by the end of the century if climate change continues unchecked. Researchers at the European Union’s Joint Research Center in Ispra, Italy, used satellite images to track the way … Source: Claims Journal

Unwitting Insurers May Be Subsidizing Marijuana Grow Houses

| Comments Off

GARDEN GROVE, Calif. — While California has a $1.4 billion legal marijuana market, a black market of perhaps equal size is thriving. Some enterprising growers are working on ways to get home insurers to cover their capital costs. A presentation … Source: Claims Journal

Marsh Seeks 2020’s Best Cybersecurity Products

| Comments Off

Global insurance broker Marsh announced the 2020 opening of its Cyber Catalyst program that identifies cybersecurity products that cyber insurers believe can be effective against major cyber threats. The program, launched last year, awards Cyber Catalyst designations to the products … Source: Claims Journal

Chubb Expands North American Claims Leadership with Hazelton, Watt

| Comments Off

Chubb has expanded its North America claims leadership team with two appointments: Bill Hazelton has been named head of Chubb North America Claims, and Megan Watt has been appointed to a newly created leadership role, head of North America Complex … Source: Claims Journal

Building Information Modeling Pitched as Claims Management Tool

| Comments Off

GARDEN GROVE, Calif. — As an attorney who focuses on construction litigation, Vasko C. Alexander says he has spent a good part of his legal career inside mediation sessions where contractors, subcontractors, owners and architects blame one another for whatever … Source: Claims Journal

Parametric Insurance Could Offer Hotels Relief from Coronavirus Cancellations

| Comments Off

Organizers of events called off because of the coronavirus are likely to miss out on insurance payouts because typical policies do not cover epidemic outbreaks. Hotels hit by cancellations may fare better. That is because a new type of insurance … Source: Claims Journal

Popular Climate Change Mitigation Financing Plan Has Its Fans and Foes

| Comments Off

A decade ago, if a Floridian wanted extra cash to replace a roof, install solar panels or a brand new air conditioner, the most common choice was a bank loan. But for the last few years, homeowners also have had … Source: Claims Journal

Australian Court Orders J&J to Pay $1.7 Million in Pelvic Implant Case

| Comments Off

An Australian court on Tuesday ordered Johnson & Johnson to pay three women a total of A$2.6 million ($1.7 million) plus legal costs as compensation for misleading patients and surgeons about the risks of its pelvic mesh implants. The Federal … Source: Claims Journal

AIR Worldwide Pandemic Model Identifies Countries at Highest Risk for Coronavirus

| Comments Off

AIR Worldwide published an evaluation of potential coronavirus disease 2019 (COVID-19) cases in other countries, using its pandemic model to run hypothetical scenarios that could reveal those countries at the highest risk for onward infections. In these scenarios, AIR simulated … Source: Claims Journal