Archive for March 2015
Progressive Plans to Charge Risky Snapshot Drivers More
Progressive Corp., the fourth-largest U.S. auto insurer, said it will begin increasing rates for some risky customers who participate in a program that allows the company to electronically monitor driving habits. The decision to lift premiums is a shift for … Source: Claims Journal
Read MoreGroups Drop Class action Insurance Settlement in West Virginia Spill
Lawyers for businesses and people affected by a massive chemical spill last year say a settlement to fund community projects is no longer being considered. In June 2014, lawyers for the groups affected by the Freedom Industries spill proposed the … Source: Claims Journal
Read MoreSupreme Court Revives Pregnant Worker’s Case Against UPS
The U.S. Supreme Court on Wednesday revived a woman driver’s pregnancy discrimination claim against package delivery company UPS Inc by sending the case back to a lower court. On a 6-3 vote, the court said worker Peggy Young would have … Source: Claims Journal
Read MoreDriverless Cars Impact: Fewer Cars, More Miles
Autonomous vehicles may reduce the number of vehicles a family needs, but may lead to an increase in total miles driven, say researchers at the University of Michigan Transportation Research Institute. UMTRI researchers Brandon Schoettle and Michael Sivak examined U.S. … Source: Claims Journal
Read MoreSecurities Class Action Settlements Plummeted Last Year
Bringing a securities class action became less lucrative last year. According to Cornerstone Research, total settlements in such cases hit their lowest point in 16 years. The aggregate amount of settlements dropped 78 percent to $1.07 billion in 2014 from … Source: Claims Journal
Read MoreTaiwan Faces Greatest Tsunami Risk: Guy Carpenter
A new report finds that southwest Taiwan, specifically, up to 4 meters at the Port of Kaohsiung, Taiwan’s principal port and the sixth largest container port in the world has the greatest tsunami risk. Guy Carpenter & Company, a global … Source: Claims Journal
Read MoreMost Powerful Lightning Strikes Peak in the Morning
Wherever you are, if it’s 8 a.m. it’s time for the kids to be in school, time perhaps for a second cup of coffee, and time for the most powerful lightning strikes of the day. Not the largest number of … Source: Claims Journal
Read MoreMaryland Senate Adopts Bill Protecting Residents From Fracking Damage
Maryland senators on Friday showed signs of cooperation on the topic of fracking, adopting two amendments to a bill opponents worried was another way of banning the natural gas drilling method. The amendments to the bill lower the number of … Source: Claims Journal
Read MoreSouth Dakota Bridge Takes 29 Hits Without Damage
A low-clearance railroad bridge in Pierre, S.D., continues to win battles with semitrailers that seem drawn to it like a magnet. The latest truck to crash into the problematic bridge over South Pierre Street didn’t hurt the structure, but an … Source: Claims Journal
Read MoreNew Mexico Senate Approves Two-Tiered Driver’s License Bill
The New Mexico Senate approved a two-tiered bill on Friday that would continue to grant driving privileges to people in the country illegally. The compromise reached on the issue calls for two distinct driver’s licenses – one that complies with … Source: Claims Journal
Read More