Archive for September 2015
Duck Boats too Dangerous for City Streets Say Critics
The National Transportation Safety Board’s investigation into the deadly crash of a duck boat and charter bus is the first time the agency has looked into a land crash of the amphibious vehicles critics say are too dangerous for city … Source: Claims Journal
Read MoreMany Portland Homes Demolished Despite Asbestos Inside
Contractors have been tearing down hundreds of Portland, Ore., homes without properly removing the asbestos inside, a practice that ignores state regulations and could put workers at risk. Weak regulatory oversight from the Department of Environmental Quality has allowed the … Source: Claims Journal
Read MoreWashington’s Restrictive Law Shields Police From Prosecution After Fatal Shootings
Killings by police in the line of duty have surged in Washington over the past decade, according to a Seattle Times analysis. During that period, only one police officer has been criminally charged in state courts with the illegal use … Source: Claims Journal
Read MoreUnlicensed Worker Performed Surgeries in Workers’ Comp, Healthcare Insurance Fraud Scam
A physician assistant who wasn’t licensed or trained to perform surgery operated on hundreds of patients while the orthopedic surgeon who billed for the procedures schemed with colleagues to hide a massive insurance fraud conspiracy, Los Angeles prosecutors said. Prosecutors … Source: Claims Journal
Read MoreFood Truck Fire Safety Hazards Remain a Concern
The popularity of food trucks over recent years hasn’t waned, likely due to their mobility and trendy menu items. As the food truck industry grows, so do the fire risks. The International Association of Fire Chiefs partnered with FEMA to … Source: Claims Journal
Read MoreConflict Between Breadth of CGL AI Coverage And Subcontract Requiring it Doesn’t Create Policy Ambiguity
An intermediate Illinois state appellate court has rejected an additional insured’s argument that contradictions between a building subcontract and a CGL policy additional insured endorsement gave rise to ambiguity in the policy, but the insurer must defend the additional insured … Source: Claims Journal
Read MoreMunich Re, Marsh Announce New Pharma Product to Insure Against Regulatory Actions
Munich Re and Marsh & McLennan Cos., the largest insurance broker by market value, introduced a product to insure U.S. pharmaceutical companies against regulatory actions that could cause them to suspend manufacturing. The product would cover as much as $10 … Source: Claims Journal
Read MoreGermany-Based Executives Managed Faked VW Emission Test Results
Volkswagen AG executives in Germany controlled the key aspects of emissions tests whose results the carmaker now admits were faked, according to three people familiar with the company’s U.S. operations. The criteria, outcomes and engineering of cars that missed emissions … Source: Claims Journal
Read MoreMultiple California Wildfires Destroy More Than 2,000 Homes, Curb Insurer Appetites
A pair of massive California wildfires that have destroyed more than 2,000 structures are now considered among the most damaging fires in state history, and they could change the way insurers view risk or conduct underwriting in rural areas in … Source: Claims Journal
Read MoreWashington L&I Proposes 2% Increase in Workers’ Comp Rates for 2016
Every fall, the Washington State Department of Labor & Industries (L&I) sets workers’ compensation rates for the following year. As wages and healthcare costs rise, the cost of providing workers’ compensation insurance goes up. This year, the department is proposing … Source: Claims Journal
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