Archive for April 2015

Imagine that you are looking to purchase a vehicle: You go to the dealership where a salesman guides you to “old reliable,” a less-than-perfect used car. He kicks the tires and assures you it runs well, noting he’s never had … The post The Legacy Dilemma in Insurance appeared first on Claims Journal. Source: Claims…

As temperatures warm there’s an increased risk for the formation of hail. Damage to homes and cars as a result of hail cost State Farm policyholders more than $2.4 billion in 2014. Hail is one of the most frequent causes … The post State Farm Ranks Top States for Hail Losses appeared first on Claims…

Several hundred times over the last decade, intruders have hopped fences, slipped past guardhouses, crashed their cars through gates or otherwise breached perimeter security at the nation’s busiest airports – sometimes even managing to climb aboard jets. One man tossed … The post Security Breaches Reveal Airport Vulnerabilities appeared first on Claims Journal. Source: Claims…

Residents of a small northern Illinois farming community that took a direct hit from a half-mile-wide tornado were allowed back into the area Saturday to assess damage and salvage what they could. The DeKalb County Sheriff’s Office bused residents into … The post Illinois Residents Allowed to Return to Tornado-Hit Town appeared first on Claims…

A judge has ordered a woman to pay more than $61,000 to her former landlord’s insurance company, finding her at fault for a fire that destroyed a rented house in Mason City. The Mason City Globe Gazette reports that Judge … The post Court Orders Iowa Woman to Pay $61,000 to Ex-Landlord’s Insurer appeared first…

Patients who have to go out of state to get cannabis oil say they will face risks and hurdles even after medical marijuana becomes legal in Georgia on Thursday. Gov. Nathan Deal will sign a law that makes it legal … The post Georgia Patients Risk Fines When Returning to State With Medical Marijuana appeared…

Attorneys representing victims of asbestos exposure say a bill Gov. Doug Ducey signed into law will limit victims’ ability to recover losses. Ducey said he signed the measure Thursday to increase transparency and fairness in asbestos litigation. “While victims are … The post New Arizona Law Limits Recoveries in Asbestos Injury Claims appeared first on…

The Colorado State University hurricane forecast for the Atlantic Ocean came out Thursday and called for seven named storms. That would be the fewest since 1997. The CSU forecast will be followed soon by a host of others, most of … The post Hurricane Season Forecast Flaws Worth Remembering appeared first on Claims Journal. Source:…

Texas storms affected more Allstate insured homes and cars in Bell county than any other part of the state over the past five years, while Smith county saw the highest frequency of lightning. Allstate tallied the top 25 Texas counties … The post Bell and Smith Top Allstate’s List of Stormiest Texas Counties appeared first…

Arizona is set to reduce taxes for insurance companies under a new bill Gov. Doug Ducey signed into law Monday. The tax cut is expected to mean the loss of more than $44 million to state’s general fund over the … The post Arizona Law Cuts Taxes for Insurers appeared first on Claims Journal. Source:…