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Archive for February 2016

I.I.I.: The Role Insurance Plays in Movies

Before the cameras started to roll for Best Picture nominees like The Revenant and Mad Max: Fury Road, the producers purchased insurance coverage to protect their substantial financial investment in the film, according to the Insurance Information Institute (I.I.I.) “Severe … Source: Claims Journal

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Business Moves

Safety National Forms Safety Specialty Insurance Company Safety National Casualty Corporation acquired an excess and surplus company that will begin operations in March 2016 as Safety Specialty Insurance Company (SSIC). Safety Specialty will initially focus on complementing Safety National’s public … Source: Claims Journal

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Researchers, Jurors Differ on Talc Cancer Risk

A U.S. jury verdict linking regular use of Johnson & Johnson talcum powder to a woman’s death from ovarian cancer has spurred new concern from consumers, but scientists say the evidence of real danger is inconclusive at best. Jurors in … Source: Claims Journal

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FAA Willing to Consider Private Air Traffic Control System

The U.S. Federal Aviation Administration is reviewing a House Republican plan to spin off the nation’s air- traffic control system to a nonprofit corporation and hasn’t rejected the idea. FAA Administrator Michael Huerta, speaking Tuesday at the Singapore Airshow, said … Source: Claims Journal

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Fraud News Around the Nation

Wyoming Man to Serve Probation for Workers’ Compensation Fraud A Sheridan man accused of collecting disability payments while working for a tree service company has entered a no contest plea to one count of workers compensation fraud. The Sheridan Press … Source: Claims Journal

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