Archive for December 2015

A few months after reaching the largest corporate settlement in U.S. history, BP Plc faces a class action lawsuit in Mexico over its deadly 2010 Gulf of Mexico oil spill, which a civic group on Friday said it had filed … Source: Claims Journal

Nearly 66 percent of all adverse events experienced by nursing home residents, such as falls, delirium and hallucinations, could be prevented, in part, by monitoring medication more closely. In nursing homes, both registered nurses (RNs) and licensed practical nurses (LPNs) … Source: Claims Journal

More Americans are walking and bicycling to work, which is great as a means to reducing the risk of heart disease, obesity, and stress. But there’s a grim side to this otherwise healthy change in behavior: More pedestrians and cyclists are … Source: Claims Journal

Fewer patients are dying from conditions acquired while staying in the nation’s hospitals, according to a new federal report. Statistics from the Department of Health and Human Services (HHS) show that an estimated 87,000 fewer patients died in hospitals and … Source: Claims Journal

Today, after months of investigative work, police have announced the arrest of close to 20 individuals allegedly associated with the theft of 211 high-end vehicles. The vehicles, with an estimated value of $11 million, are alleged to have been stolen … Source: Claims Journal

The insurance market underwriting cycle is turning unfavorable in many U.S. commercial market segments, including directors and officers (D&O) liability insurance, Fitch Ratings says. Premium rates in property lines have been declining for some time in response to a lack … Source: Claims Journal

The Florida Court of Appeals, Fourth District, in the case of One Call Property Services v. Security First Ins. Co., 2015 WL 2393353 (Fla. 4th DCA May 20, 2015), held that an insured’s assignment of a breach of contract action … Source: Claims Journal

The International Association of Arson Investigators, a training and certification organization based in Maryland, has recognized the Texas State Fire Marshal’s Office for its approach to reviewing fire science used in past arson convictions to make sure it meets current … Source: Claims Journal

A prototypical uninsured motor vehicle insurance claim involves an uninsured third party vehicle injuring someone in a different car that has both liability and uninsured motorist (UM) coverages. What happens when the policyholder is injured while she is a passenger … Source: Claims Journal

Consumer lawyers suing Volkswagen AG over economic losses tied to vehicles rigged to cheat emissions tests have nominated Kenneth Feinberg as a special settlement master. Feinberg handled General Motors Co.’ ignition switch fund, as well as compensation for victims of … Source: Claims Journal