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Archive for July 2015

Feds Propose More Safety Valves for Gas Lines

The Obama administration moved Wednesday to significantly expand a requirement for utilities to install inexpensive safety valves on gas lines across the U.S. after deadly fires and explosions going back decades that could have been avoided. The Transportation Department proposal … The post Feds Propose More Safety Valves for Gas Lines appeared first on Claims…

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Ohio Mails $255M in Workers’ Comp Overcharges, Drops Appeal

The Ohio Bureau of Workers Compensation has paid hundreds of millions to state employers overcharged for insurance premiums and has dropped its appeal of a decision that led to the payments. The Ohio Supreme Court on Thursday granted bureau administrator … The post Ohio Mails $255M in Workers’ Comp Overcharges, Drops Appeal appeared first on…

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IICF Names Cummins Executive Director of its Midwest Division

The Insurance Industry Charitable Foundation named Mary Cummins executive director of its Midwest Division. She will be responsible for leading IICF’s philanthropic initiatives in the Midwestern region, including local nonprofit grant programs and the Division’s annual series of fundraising, volunteer … The post IICF Names Cummins Executive Director of its Midwest Division appeared first on…

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Maryland Appeals FEMA’s Riot Disaster Aid Denial

Maryland is appealing the federal government’s denial of disaster aid to help the state and Baltimore recover millions of dollars in riot-related costs. The Federal Emergency Management Agency denied Maryland’s request for a major disaster declaration last month, saying aid … The post Maryland Appeals FEMA’s Riot Disaster Aid Denial appeared first on Claims Journal.…

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Aon’s June Catastrophe Report Outlines $500M Insured Losses After U.S. Storms

China’s monsoon losses approached $4 billion and the U.S. sustained nearly $500M in insured losses as a result of severe storms in June, according to Impact Forecasting’s latest edition of its monthly Global Catastrophe Recap report. The report evaluates the … The post Aon’s June Catastrophe Report Outlines $500M Insured Losses After U.S. Storms appeared…

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El Nino Predicted to Last Well Into Next Year

The Pacific Ocean’s weather-changing El Nino will probably last into 2016 and be stronger than previously forecast, the U.S. Climate Prediction Center says. El Nino, a warming of the equatorial Pacific, has a 90 percent chance of lasting into next … The post El Nino Predicted to Last Well Into Next Year appeared first on…

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Insurers Remember 10 Year Anniversary of Hurricane Dennis

The Property Casualty Insurers Association of America (PCI) is remembering the lives lost and those who were significantly impacted by the aftermath of Hurricane Dennis nearly 10 years ago this week. Hurricane Dennis known for intense winds and storm surge … The post Insurers Remember 10 Year Anniversary of Hurricane Dennis appeared first on Claims…

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After Fires Injure 3, GM Recalls Hummer SUVs

General Motors Co is recalling nearly 200,000 older model Hummer SUVs, mainly in the United States, to fix problems that have led to 42 vehicle fires and three people being burned, the company said on Wednesday. In a separate recall, … The post After Fires Injure 3, GM Recalls Hummer SUVs appeared first on Claims…

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