Archive for April 2016
Senator Sparks Call to Action to Get Explosive Detectors Tested
The Department of Homeland Security must move faster to test explosive detectors that can sense compounds that have been used in recent extremist attacks and to determine if the devices can be installed at airports and train stations across the … Source: Claims Journal
Read MoreEngaging Job Applicants in a Multi-Generational Talent Pool
As a shift in workplace demographics takes hold within the insurance industry, new employment recruitment strategies are being embraced. In the past, jobs were obtained either through word of mouth or by answering a classified ad in the newspaper. These … Source: Claims Journal
Read MorePeople Moves
CNA Appoints Townsend Senior Vice President, Claim CNA appointed Joel Townsend senior vice president, Claim. He will report to David Perry, senior vice president, Specialty Claim. Most recently, Townsend served as senior vice president and Worldwide Specialty Claims manager at … Source: Claims Journal
Read MoreGuilty of Embezzlement, Ex-QBE Exec Sentenced to Year and a Half in Prison
A former executive of QBE Insurance Group was sentenced on Thursday to 1-1/2 years in prison for conspiring to embezzle $2.6 million from the insurance company, some of which he used to buy a house and luxury vehicles. James Shea, … Source: Claims Journal
Read MoreU.S. Agency Won’t Consider Takata Impact in Recall Decisions
The chief U.S. auto safety agency says it won’t take Takata Corp.’s financial viability into account when it decides whether to expand further the largest-ever auto safety recall. The National Highway Traffic Safety Administration will focus solely on safety, as … Source: Claims Journal
Read MoreStudy Finds Antarctic Ice Could Melt Faster Than Expected
Warmer air, less frigid water and gravity may combine to make parts of Antarctica’s western ice sheet melt far faster than scientists had thought, raising sea levels much more than expected by the end of the century, according to a … Source: Claims Journal
Read MoreSouth Texas School Superintendent Estimates $12M in Flood Damage
A Southeast Texas school district where flooding swamped an elementary school with 5 feet of water faces an estimated $12 million in losses and little insurance coverage, an administrator said Wednesday. Deweyville Independent School District Superintendent Kevin Clark remained upbeat … Source: Claims Journal
Read MoreCostly Ice Wall at Fukushima Plant Approved by Japan Regulators
Japanese regulators on Wednesday approved the use of a giant refrigeration system to create an unprecedented underground frozen barrier around buildings at the wrecked Fukushima nuclear plant in an attempt to contain leaking radioactive water. The Nuclear Regulation Authority said … Source: Claims Journal
Read MoreWhat’s in a Name? Insurance Coverage?
Are insureds required to notify the insurance company of a change in business form and structure after the inception of the initial policy? This issue recently came before the United States Court of Appeals for the Tenth Circuit in Christy … Source: Claims Journal
Read MoreFederal Law Requires Disputes Over Workers’ Comp Insurance Payment Agreements be Decided by Arbitration
The highest New York state court has ruled that disputes over workers’ compensation insurance payment agreements between National Union and three California-based employer insureds must be decided by arbitration under arbitration clauses of those agreements and the Federal Arbitration Act … Source: Claims Journal
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