Archive for August 2015

Lawyers hired to compensate victims of General Motors’ faulty ignition switches have rejected 91 percent of the claims submitted. They finished determining which claims were eligible last week. The compensation fund led by lawyer Kenneth Feinberg approved 399 of the … The post GM Victim Compensation Fund Rejects 91% of Ignition Switch Claims appeared first…

Highway officials are beginning to install sensors and cameras that will be able to provide construction, traffic and weather updates to motorists on roads near Detroit. The Michigan Department of Transportation recently installed 17 of the devices along 20 miles … The post Michigan’s Connected Highway Part of ‘Smart’ Roads Initiative appeared first on Claims…

Geico has agreed to pay $6 million in a settlement with the California Department of Insurance in connection to claims that the company had discriminatory auto insurance pricing. The Los Angeles Times reports that the subsidiary of Berkshire Hathaway announced … The post Geico to Pay $6M Settlement in California Policy Pricing Case appeared first…

State Auto Financial Corp. recently announced changes to the company’s leadership and a redefining of the company’s key business units. The changes were announced by Mike LaRocco, who took over as president and CEO in May. Kim Garland has been … The post State Auto Makes Leadership Changes appeared first on Claims Journal. Source: Claims…

Hurricane Katrina made landfall in Southern Florida as a Category 1 hurricane 10 years ago this week. Moving into the Gulf of Mexico where it strengthened into a Category 5 hurricane, it then made a second landfall on August 29 … The post Hurricane Katrina Facts & Figures appeared first on Claims Journal. Source: Claims…

A U.S. appeals court said the Federal Trade Commission has authority to regulate corporate cybersecurity, and may pursue a lawsuit accusing hotel operator Wyndham Worldwide Corp of failing to properly safeguard consumers’ information. The 3-0 decision by the 3rd U.S. … The post Federal Appeals Court Rules That FTC has Power to Police Cybersecurity appeared…

It’s not what Bostonians want to hear: The Farmer’s Almanac says another rough winter is in your stars. A year after Boston, Mass., was pummeled with the snowiest winter on record, editors of the Maine-based publication have dubbed their latest … The post Another Nasty Winter Predicted for the Northeast appeared first on Claims Journal.…

A woman will receive $1.75 million from two companies after a drainage system they installed caused extensive damage to her Billings, Mont., home. The Billings Gazette reports Oakland Home Builders Corporation, Gary Oakland, the CEO and chairman of The Oakland … The post Jury Awards Montana Woman $1.75M for Damaged Home appeared first on Claims…

The massive fire burning in north-central Washington is now the largest in state history. The Okanogan Complex of wildfires has surpassed last year’s Carlton Complex blazes, fire spokesman Rick Isaacson said Monday morning. The Okanogan Complex was measured overnight at … The post Washington Wildfire Largest in State’s History appeared first on Claims Journal. Source:…

Automakers are investing billions of dollars to put technologies in their cars and light trucks that are not being used by many of the owners of those vehicles, according to the J.D. Power 2015 Driver Interactive Vehicle Experience (DrIVE) Report. … The post J.D. Power: Consumers Not Taking Advantage of In-Car Technology appeared first on…