Archive for July 2015

U.S. safety investigators, who are already probing suspected flaws in automobile airbags made by Takata Corp., have opened a similar inquiry of those made by another company. Inflators made by ARC Automotive Inc., which supplied parts to minivans made by … The post Airbag Probe Opened Against Another Manufacturer appeared first on Claims Journal. Source:…

Coverage, liability and damages analyses are the three common themes of Florida third party bad faith cases, according to two southeast Cozen O’Connor defense attorneys. The attorneys presented on the subject during a two-part webinar offering claims handling tips in … The post The Ins and Outs of Bad Faith Claims in Florida appeared first…

Malibu residents are cheering plans to make major safety improvements along Pacific Coast Highway in an attempt to curb deaths on the famous and beloved stretch of road. About 150 recommendations passed by the City Council last month include bike … The post California Residents Cheer Planned Pacific Coast Highway Improvements appeared first on Claims…

An official says the Red River Waterway Commission may have to pay up to $3.5 million to clear silt deposited by this year’s floods. Operations and maintenance director Mike Boydstun tells The Times the commission usually spends about $200,000 a … The post Red River Silt Cleanup Due to Flooding Likely to Cost $3.5M appeared…

General Motors’ faulty ignition switches were responsible for at least 124 deaths and 266 injuries, according to a fund set up to compensate the victims. The fund, run by attorney Kenneth Feinberg, said Monday it has finished processing the 4,342 … The post GM Victim Compensation Fund Near Completion, Faulty Switches Blamed for 124 Deaths…

The death toll from natural disasters such as earthquakes, storms and heatwaves rose sharply worldwide in the first six months of 2015, the world’s largest reinsurance company Munich Re said on Tuesday. However, the economic cost of such events dropped … The post Munich Re Finds Deaths From Global Disasters Rise in 2015 appeared first…

New York City reached a $5.9 million settlement with the family of an unarmed black man who died after being put in a choke-hold by a police officer. Eric Garner’s death in a confrontation over the sale of loose cigarettes … The post NYC Agrees to $5.9M Settlement With Family of Man Choked by Police…

Assurant, a provider of specialty protection products and related services, finalized its $1.3 billion 2015 Property Catastrophe Reinsurance Program, which reduces the Company’s financial exposure and ensures its ability to safeguard homeowners and renters suffering catastrophic losses caused by severe … The post Assurant’s 2015 Property Catastrophe Reinsurance Program Finalized appeared first on Claims Journal.…

Some of the largest home insurers in Massachusetts are raising premiums by about 9 percent to recoup what they paid out in claims for damage caused by last winter’s record-setting snowfall. The Boston Globe reports that the increases, much steeper … The post Brutal Winter Storms Leads to Soaring Massachusetts Home Insurance Rates appeared first…

Fans in box seats at Major League Baseball games might have less use for their gloves if Oakland A’s fan Gail Payne gets her way. Payne cited the estimated 1,750 fans a year who are struck by balls, mostly fouls, … The post Foul Ball Suit Seeks More Protection for Baseball Fans appeared first on…