Archive for January 2016

Los Angeles landlords and tenants must equally share the costs of earthquake retrofitting, under a deal approved by the City Council. The agreement that passed unanimously Wednesday allows building owners to pass half the retrofit costs to tenants through rent … Source: Claims Journal

More farmers in drought-stricken California are using oilfield wastewater to irrigate, and a new panel on Tuesday began taking one of the state’s deepest looks yet at the safety of using the chemical-laced water on food crops. In the fourth … Source: Claims Journal

Inadequate safety policies and procedures were primarily to blame for a mining accident that killed a 26-year-old Idaho man operating a 20-ton mobile drill in an underground tunnel at a Nevada gold mine last summer, federal safety investigators have concluded. … Source: Claims Journal

A San Francisco woman faces up to two years in prison and hundreds of thousands of dollars in fines after pleading guilty to a federal charge that she didn’t tell Louisiana regulators about asbestos in the Mississippi Queen steamboat before … Source: Claims Journal

A state Senate committee unanimously approved a bipartisan bill Wednesday to dramatically increase the payout for people wrongly convicted of crimes in Wisconsin. Such payouts are now capped at $5,000 for year spent behind bars, with a maximum of $25,000. … Source: Claims Journal

An analysis of data from the Department of Transportation done by the American Trucking Associations shows over both the long- and short-term that the rate of truck-involved fatalities is declining. “America’s trucking industry has invested billions to improve safety and … Source: Claims Journal

ACE Limited completed its acquisition of Chubb yesterday, creating the world’s largest publicly traded property/casualty insurance company. ACE paid approximately $29.5 billion in the aggregate in cash and stock, based on the most recent closing price of ACE Limited shares … Source: Claims Journal

Leaders of the property/casualty insurance industry expect no increase in profitability in 2016 for most lines of insurance, according to a survey conducted by the Insurance Information Institute (I.I.I.) at its 20th annual Property/Casualty Insurance Joint Industry Forum, held here. … Source: Claims Journal

Crawford Global Technical Services Expands Team in Illinois Atlanta-based Crawford & Company, a global independent provider of claims management solutions, named Richard Grganto national general adjuster for Crawford GTS. A 25-year industry veteran, Grganto will based in Schaumburg, Ilinois. Grganto … Source: Claims Journal

General Motors Co. found a deadly flaw in its ignition switches but chose to keep customers and regulators in the dark for years, a lawyer for an injured postal carrier told jurors in the first trial over the defect. The … Source: Claims Journal