Archive for July 2015
Insurers Will Pay Quadriplegic Missionary $26M Settlement for Crash Injuries
Insurers for the Southern Baptist Convention have agreed to pay $26 million to a South Carolina man who was paralyzed and suffered brain damage in a rollover crash during a 2009 missionary trip in Montana, Attorney Anders Blewett said Tuesday. … The post Insurers Will Pay Quadriplegic Missionary $26M Settlement for Crash Injuries appeared first…
Read MoreSome Small Businesses Monitor Employees to Avert Workers’ Comp Fraud
More than one in 10 small business owners (13 percent) are concerned that one of their employees would commit workers’ compensation fraud by faking an injury or illness in order to collect benefits, according to a new poll by Employers. … The post Some Small Businesses Monitor Employees to Avert Workers’ Comp Fraud appeared first…
Read MoreInsured Losses Due to Typhoon Chan-hom Estimated at up to $2.2B
According to catastrophe modeling firm AIR Worldwide, insured losses in China from Typhoon Chan-hom are unlikely to exceed CNY 2.2 billion (a little over US $354 million). “Typhoon Chan-hom made landfall in the coastal city of Zhoushan, China, on July … The post Insured Losses Due to Typhoon Chan-hom Estimated at up to $2.2B appeared…
Read MoreP/C Insurers’ Profitability Grew Nearly $5B in First Quarter 2015
Private U.S. property/casualty insurers’ net income after taxes grew to $18.2 billion in first-quarter 2015 from $13.9 billion in first-quarter 2014, with insurers’ overall profitability as measured by their rate of return on average policyholders’ surplus growing to 10.8 percent … The post P/C Insurers’ Profitability Grew Nearly $5B in First Quarter 2015 appeared first…
Read MoreInsurer May Rescind Policy From Inception if Issued Based On False Answers to Insurance Application Questions
On July 6, 2015 the U.S. District Court for the Central District of California, based on California law, applied in the EPLI (employment practices liability insurance) setting the large body of statutory and case law holding that an insurer may … The post Insurer May Rescind Policy From Inception if Issued Based On False Answers…
Read MoreElectrical Engineer Wants Government Probe of Lexus Acceleration
An electrical engineer with a doctorate degree from Stanford University has asked U.S. safety regulators to investigate low-speed unintended acceleration in Toyota and Lexus automobiles. Gopal Raghavan of Thousand Oaks, California, filed a petition with the National Highway Traffic Safety … The post Electrical Engineer Wants Government Probe of Lexus Acceleration appeared first on Claims…
Read MoreBanning Headers Only One Aspect of Reducing Concussions in Soccer
A group of scientists checked a decade’s worth of data about what causes concussions in U.S. high school soccer. Their conclusion: While a ban on heading would help decrease head injuries, what the game really needs is better enforcement of … The post Banning Headers Only One Aspect of Reducing Concussions in Soccer appeared first…
Read MoreClass Action Suits Question Who Owns Pics Posted on Social Media
Facebook’s handling of your headshot is now the subject of class action lawsuits that pose the question: When someone turns your mug into data, are those digits theirs or yours? The lawsuits claim that when Facebook started converting the geometry … The post Class Action Suits Question Who Owns Pics Posted on Social Media appeared…
Read MoreNew York Police Department Tracking Officer Data on Suits, Complaints
The New York Police Department is trying to root out its problem officers and monitor patterns of potential misbehavior by creating a database that combines information from several city agencies on lawsuits, misconduct complaints, internal probes and such seemingly mundane … The post New York Police Department Tracking Officer Data on Suits, Complaints appeared first…
Read MoreMan Gets Murder Conviction in Deadly Indiana House Blast Fraud Case
A jury convicted an Indianapolis man of murder, arson and insurance fraud Tuesday for his role in a house explosion that decimated a subdivision nearly three years ago, killing a couple living in the neighborhood. The jury found 46-year-old Mark … The post Man Gets Murder Conviction in Deadly Indiana House Blast Fraud Case appeared…
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