Archive for April 2015
Weather Service Aims to Improve Storm Warning Precision
As tornado season begins in the Tennessee Valley, the National Weather Service is implementing a warning system designed to give more specific information on approaching storms. Piloted last year in the Midwest, the Huntsville weather office is adding “impact-based warnings” … Source: Claims Journal
Read MoreOklahoma City Releases Preliminary Tornado Damage Survey
The Oklahoma City Emergency Management office has released its preliminary survey of damage caused by a March 25 tornado. The city reports 89 homes with minimal damage and 50 homes – including 43 mobile homes – with minor damage. Twenty … Source: Claims Journal
Read MoreTennessee Receives Disaster Declaration for Winter Storms
President Obama has signed a disaster declaration for several counties that were hit hard by winter storms in February. A statement from the White House says the declaration releases federal aid to help with recovery efforts from severe winter weather … Source: Claims Journal
Read MoreThe Hartford: 40% of Small Businesses Will Sustain a Claim Within 10 Years
Four out of 10 small businesses are likely to experience a property or general liability claim in the next 10 years, according to an analysis of The Hartford’s small business claims. Topping the list for the most common claim is … Source: Claims Journal
Read MoreLaRocco to be Named State Auto President and CEO
The boards of directors of Ohio-based State Auto Financial Corporation and State Automobile Mutual Insurance Company announced the hiring of Michael E. LaRocco effective April 27, 2015. His duties as president and chief executive officer will commence on May 8, … Source: Claims Journal
Read MoreStorm Surge Gains New Alerts as Atlantic Hurricane Season Nears
As the people of New Orleans, New Jersey and New York know all too well, much of the death and damage caused by hurricanes isn’t from the wind. It’s from the storm surge. When the 2015 Atlantic hurricane season starts … Source: Claims Journal
Read MoreFatal Car Crashes Decline Significantly After an Increase in Alcohol Taxes
Increasing state alcohol taxes could prevent thousands of deaths a year from car crashes, say University of Florida Health researchers, who found alcohol-related motor vehicle crashes decreased after taxes on beer, wine and spirits went up in Illinois. A team … Source: Claims Journal
Read MoreA Primer on Diminution in Value Claims
One of the recurring questions Matthiesen, Wickert & Lehrer, S.C. (MWL) is called on to answer involves when and under what circumstances the insured suffering automobile property damage, or his or her subrogated automobile insurer, may recover for diminution in … Source: Claims Journal
Read MoreYork Reports $1.5M in Workers’ Comp Restitution to California Public Entities
York Risk Services Group, a third party administrator, announced their return of more than $1.5M in workers’ comp restitution to public entity clients in California by fighting workers’ compensation fraud. Of that amount, more than $1M was returned to clients … Source: Claims Journal
Read MoreIowa Urged to Toughen up Teen Driver’s Licenses Rules
A safety research organization is urging Iowa to toughen its rules for teenager driver’s licenses. The Des Moines Register reports that a study by the Insurance Institute for Highway Safety says Iowa could cut its rate of fatal teen accidents … Source: Claims Journal
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