Archive for January 2016

The costliest global natural catastrophe for the insurance industry in 2015 was the series of winter storms that struck the northeast United States and Canada, according to Munich Reinsurance America, Inc. In the U.S., 2015 estimated natural catastrophe losses totaled … Source: Claims Journal

A contractor is contesting two “serious” violations and nearly $10,000 in proposed federal workplace safety fines in the partial collapse of a bridge that was being dismantled and rebuilt northwestern Pennsylvania. Clarion-based contractor Francis J. Palo Inc. is contesting the … Source: Claims Journal

A civil trial set to start this month in New York City will test the legal boundaries of hundreds of claims remaining against General Motors Co. stemming from faulty ignition switches. The case involves an Oklahoma man who blames a … Source: Claims Journal

Officials raised the number of tornadoes that swept across North Texas over the weekend to 10, with preliminary figures showing the twisters caused $1.2 billion worth of insured damage. The Fort Worth Star-Telegram reports that the Insurance Council of Texas … Source: Claims Journal

The Ohio Supreme Court has ruled that laws protecting consumers from deceptive practices don’t apply to insurance company repair estimates. The court made that ruling on Tuesday in the case involving a Columbus insurer, voting 5-2 to overturn a lower … Source: Claims Journal

Chinese authorities blamed freak weather for the capsizing of a cruise ship that killed hundreds earlier this year, but also recommended that the captain be further investigated and representatives of the shipping company and local authorities be punished for management … Source: Claims Journal

Western Tennessee and Kentucky are still facing flood threats as the U.S. Army Corps of Engineers and Tennessee Valley Authority work to control water levels. The National Weather Service issued a flood advisory for the Cumberland River at Dover through … Source: Claims Journal

An Evansville couple is keeping up a decadelong legal fight over their claims of medical malpractice in their daughter’s birth that left her a quadriplegic and unable to speak. A Vanderburgh County jury in 2013 awarded $15 million in damages … Source: Claims Journal