Archive for September 2015
Oregon Woman Loses House and Insurance After Son is Charged With Arson
An elderly southern Oregon woman says she’s been left to depend on friends and family after her home was gutted in a suspected arson and her insurance company canceled her policy. Insurance industry officials contend the process of handling fire-related … Source: Claims Journal
Read MoreStudy Reveals Early Case Review and E-Billing Top Cost Containment Programs
According to a recent LexisNexis/CounselLink survey of 86 property/casualty claims and law departments, controlling defense costs was the key initiative for 2015 and 2016. Respondents of the LexisNexis Property & Casualty Claims and Litigation Cost Containment Survey ranged from vice president … Source: Claims Journal
Read MoreProblem of Corporate Siloing an Obstacle in Charging GM Employees
The chief U.S. prosecutor in Manhattan blamed gaps in federal law and “siloing” within General Motors Co for the failure so far to charge any individual employees who may be responsible for faulty ignition switches linked to 124 deaths. The … Source: Claims Journal
Read MoreVehicle Wrecks Top Cause of Higher Wyoming Workplace Fatality Rate
A bear mauling death in Fremont County is among 37 workplace fatalities counted in Wyoming last year, according to a state report. The Wyoming Workforce Services report says the number of workplace deaths in 2014 was a sharp increase from … Source: Claims Journal
Read MoreGalveston to Demolish Hurricane Ike Damaged Homes
Galveston is moving on from repairing and rebuilding homes damaged from Hurricane Ike to demolishing homes left dilapidated by the storm that devastated the Texas coastal island seven years ago this month. John Simsen, the city’s disaster recovery director, said … Source: Claims Journal
Read MoreCunningham Lindsey Creates Miami Hub for Latin America and the Caribbean
Cunningham Lindsey announced the creation of a new Miami hub from which it plans to expand the support it offers to clients across Central and South America and the Caribbean. The Miami-hub will focus on property business (including business interruption, … Source: Claims Journal
Read MoreGM Still Faces Exposure in Flawed Ignition Switch Suits That Seek Billions
General Motors Co.’s potential liability over flawed ignition switches isn’t over yet, and billions of dollars remain at stake. GM agreed Thursday to pay $575 million to end a shareholder suit tied to the defect and more than 1,380 civil … Source: Claims Journal
Read MoreNew Chance to Recoup More Damages for World Trade Center Developer
A federal appeals court has given the developer Larry Silverstein a new chance to recoup more money for rebuilding the World Trade Center site in New York, on top of the $4.1 billion of insurance proceeds he has received. The … Source: Claims Journal
Read MoreInsurers, Wyoming Man Will Pay $2.9M for 2012 Wildfire
A man who accidentally started a 2012 wildfire that burned over a mountain and threatened the town of Jackson has agreed to a $2.9 million payment under a legal settlement. James G. Anderson Jr., 79, will be responsible for $425,000. … Source: Claims Journal
Read MoreFortified Buildings, Alerts Help Chile Avoid Major Catastrophe After 8.3 Quake
Parts of this port city were a disaster zone Thursday after an 8.3-magnitude quake hit off the coast, killing at least 12 people and likely causing billions in damage. Overturned cars and splintered boats sat in mud next to furniture, … Source: Claims Journal
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