Archive for April 2015
Senate Panel OKs Changes to Michigan Auto Insurance Law
A legislative panel on Wednesday quickly approved changes to Michigan’s auto insurance law, voting to reduce how much insurers pay for medical care, establish an anti-fraud authority and create a new entity to cover expenses for people catastrophically hurt in … The post Senate Panel OKs Changes to Michigan Auto Insurance Law appeared first on…
Read MoreMen Indicted for Causing Train Wreck in Insurance Fraud Scheme
Two men in South Carolina face seven federal charges after authorities say they parked a car on train tracks, causing an Amtrak train to derail, then came back and claimed they were injured in the crash. Prosecutors say 33-year-old James … The post Men Indicted for Causing Train Wreck in Insurance Fraud Scheme appeared first…
Read MoreFlorida’s Hurricane-Free Run Has Insurer Bracing for Storms
Florida hasn’t been hit by a hurricane since 2005, the longest stretch in more than a century. Its state-run property insurer isn’t taking any chances. Even though forecasters predict this year will produce the fewest named Atlantic storms since 1997, … The post Florida’s Hurricane-Free Run Has Insurer Bracing for Storms appeared first on Claims…
Read MoreWashington Contractor Ordered to Pay $1M in Workers’ Comp Premiums, Fines
A former drywall contractor in Walla Walla, Wash., must pay more than $1 million in delinquent workers’ compensation premiums and penalties. The Washington State Board of Industrial Insurance Appeals recently held Shawn A. Campbell and his spouse personally liable for … The post Washington Contractor Ordered to Pay $1M in Workers’ Comp Premiums, Fines appeared…
Read MoreTarget Announces $19M Data Breach Settlement With MasterCard
Target Corp said it had agreed to reimburse about $19 million to financial institutions that had issued MasterCard-branded cards that were a part of the massive data breach at the retailer in 2013. The amount under the settlement with MasterCard … The post Target Announces $19M Data Breach Settlement With MasterCard appeared first on Claims…
Read MoreJudge Rules Bankruptcy Shields GM From Some Ignition Switch Suits
General Motors Co will not have to face dozens of lawsuits accusing it of concealing an ignition-switch defect that led to the recall of 2.6 million vehicles, a U.S. bankruptcy judge ruled on Wednesday. GM had argued it was protected … The post Judge Rules Bankruptcy Shields GM From Some Ignition Switch Suits appeared first…
Read MorePinkes Appointed Executive VP of CNA Worldwide P/C Claim
CNA Financial Corporation announced the appointment of Andrew Pinkes as executive vice president of Worldwide Property & Casualty Claim, effective May 18, 2015, reporting to Tom Motamed, chairman and chief executive officer. In this role, Pinkes will be responsible for … The post Pinkes Appointed Executive VP of CNA Worldwide P/C Claim appeared first on…
Read MoreCramped Airline Seats Could Endanger Passengers During Evacuation
The shrinking space on airplanes is surely uncomfortable, but it might also be dangerous for passengers’ health and safety. Planes are filled with more passengers than ever before. Fliers are older and heavier. Flight attendants warn about an increase in … The post Cramped Airline Seats Could Endanger Passengers During Evacuation appeared first on Claims…
Read MoreLouisiana to Include Sinkholes in Disaster Planning
Sinkholes will be recognized as threats in the state’s updated hazard mitigation plan. The Daily Comet reports the state is working on a five-year update to its hazard mitigation plan, which must be in place to receive federal money after … The post Louisiana to Include Sinkholes in Disaster Planning appeared first on Claims Journal.…
Read MoreIn-Vehicle Two Second Glance Increases Driving Risk: Liberty Mutual
A vehicle going 70 mph will travel about 200 feet – more than half the length of a football field – during a two-second glance away from the road. During National Distracted Driving Awareness Month, Liberty Mutual Research Institute for … The post In-Vehicle Two Second Glance Increases Driving Risk: Liberty Mutual appeared first on…
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