Archive for June 2015

Class action lawsuits were listed as the top litigation issue by respondents in the U.S., Canada and Australia, according to the latest 2015 Litigation Trends Annual Survey. The UK ranked an overall increase in litigation – including frivolous lawsuits – … The post Class Actions Still Top Concerns of Businesses Globally appeared first on Claims…

A new report from Swiss Re highlights new and emerging risks the reinsurance industry expects to face over the next years. The publication is based on the SONAR process, a crowdsourcing tool to identify and evaluate new threats. The report … The post New Swiss Re Report Highlights Future Emerging Risks appeared first on Claims…

In fewer than five years, the use of drones (unmanned aerial vehicles – UAVs) could become common practice for almost 40 percent of businesses, say corporate risk managers surveyed by Munich Re. What is the greatest risk of using drones … The post Munich Re Survey Suggests 40% of Businesses Could Soon be Using Drones…

U.S. auto regulators on Friday acknowledged shortfalls in their probe of a deadly General Motors Co ignition switch defect and unveiled plans for more aggressive enforcement against future car safety problems. The National Highway Traffic Safety Administration said its staff … The post Auto Safety Agency Plans Aggressive Enforcement of Auto Recalls appeared first on…

Google Inc said it would give monthly updates of accidents involving its driverless cars. The report for May showed Google cars had been involved in 12 accidents since the company first began testing its self-driving cars in 2009, mostly involving … The post Google Plans to Report Monthly Data on Self-Driving Car Accidents appeared first…

Marsh, an insurance broking and risk management firm, announced a new casualty cost diagnostic tool powered by analytics that provides clients enhanced awareness of their casualty program costs and trends and shares strategies on how to further control their casualty … The post Marsh Launches Analytics-Driven Diagnostic Tool to Reduce TCOR appeared first on Claims…

Jessica Rogin has been appointed chief claims officer for Liberty International Underwriters (LIU), part of Liberty Mutual Insurance. Based in New York, Rogin will oversee claims for LIU’s U.S. specialty product lines including primary and excess casualty, management and professional … The post Liberty International Underwriters Names Rogin Chief Claims Officer appeared first on Claims…

The South Dakota Supreme Court says a man who broke his ankle running away from a co-worker on whom he had played a prank at a construction site is entitled to workers’ compensation. The high court said in a ruling … The post South Dakota Court Says Man Gets Workers’ Comp Despite Prank appeared first…

Tornadoes have ravaged parts of Texas, Oklahoma and other states this spring, but northeast Missouri, once again, has been virtually unscathed. Is there a reason beyond sheer luck? Not according to the National Weather Service. The Hannibal Courier-Post reports that … The post No Explanation for Rarity of Northeast Missouri Tornadoes appeared first on Claims…

Legislation to allow lawsuits against Colorado schools when there are shootings or other violence was signed into law Wednesday by Gov. John Hickenlooper. With the law, Colorado will be among a few states that allow school lawsuits for cases of … The post New Law Imposes Liability on Colorado Schools for Violence appeared first on…