Archive for June 2015

Economic losses from severe May storms, tornadoes and floods were estimated at nearly $3 billion, with insurance insured losses set to easily exceed $1 billion despite low flood insurance penetration in parts of Oklahoma and Texas, according to the latest … The post May Storms Cause $1B Worth of Insurance Claims appeared first on Claims…

Harvard Law School professor emeritus Alan Dershowitz is suing the TD Garden nearly three years after he slipped and fell in an arena bathroom while attending a Celtics game. The Boston Globe reports that Dershowitz, an advocate for civil liberties, … The post Dershowitz Sues TD Garden for Slip and Fall That Happened 3 Years…

Insureds are satisfied with how their property claims are being handled, according to the latest Advisen Claims Satisfaction Survey. The survey found that obtaining fair settlements was the most important consideration to insureds and brokers when evaluating a property claims … The post Fair Settlements Key to Good Property Claims Handling: Advisen Survey appeared first…

Imagine opening the door to your condominium (“condo”) only to be confronted by several inches of standing water. The first call is to your insurance company, which must then consider not only mitigating, adjusting and paying the claim, but subrogating … The post Subrogating Condominium Damage appeared first on Claims Journal. Source: Claims Journal

Makers of heavy-duty trucks in two years must add electronic stability-control systems to new vehicles, an effort by the U.S. government to prevent rollover crashes that kill about 300 drivers a year and injure 3,000 others. The technology uses engine … The post Feds Order Truck Makers to Add Anti-Rollover Technology appeared first on Claims…

Google Inc. Co-Founder Sergey Brin said one of its driverless car was involved in another rear-end accident, even as he defended the prospects for the self-driving technology. The accident occurred in the past week, Brin said Wednesday during a meeting … The post Google Defends Technology as Another Driverless Cars Gets Rear-Ended appeared first on…

Longtime New York City subway cops have seen copper thefts before, but last week’s heist on a stretch of open-air tracks was particularly brazen: 500 feet of inch-thick cable stripped from the rails in the middle of the night. The … The post As Metal Prices Rise so do Copper Thefts From Rails appeared first…

A federal judge has determined claims made by the Texas Medical Board in adopting new telemedicine rules were “suspect” and barred the rules from taking effect until a civil trial can be held in lower court. Friday’s ruling by U.S. … The post Federal Judge Bars Texas Telemedicine Rules From Taking Effect appeared first on…

A jury has awarded a Tonopah man and his wife about $4.3 million for injuries he received while working in an Arizona Department of Transportation electronics room. The verdict from a Maricopa County Superior Court jury came after the man … The post Jury Orders Arizona to Pay $4.3M for Toxic Fume Injuries to Worker…

An emotional Amtrak CEO pledged to lawmakers Tuesday that safety technology that could have prevented a deadly derailment last month in Philadelphia will be put into operation, while Democrats and Republicans exchanged barbs over whether Congress or the Obama administration … The post Apologetic Amtrak CEO Vows to Implement Safety Technology appeared first on Claims…