Archive for May 2016

As boating season nears, the National Insurance Crime Bureau’s annual study of watercraft theft reports that watercraft theft declined three percent in 2015. A total of 5,051 watercraft were reported stolen between January 1 and December 31, 2015. The report … Source: Claims Journal

It is well known that courts require insurers to defend their insured if there is any possibility that coverage may potentially exist. Under New York law, the duty to defend is triggered whenever the allegations of a complaint, liberally construed, … Source: Claims Journal

A new report released by the Travelers Companies Inc., reveals that even minor injuries can substantially impact business productivity. The Injury Impact Report identifies the most common causes of workplace accidents and injuries through analysis of 1.5 million workers’ compensation … Source: Claims Journal

Thousands of Texas homeowners victimized by severe weather may also be victims of a wide-ranging conspiracy involving door-to-door solicitors, public insurance adjusters and attorneys, according to a class-action lawsuit filed in Dallas. The lawsuit claims that individuals, companies and law … Source: Claims Journal

Utah officials say the number of fatal car wrecks in Utah in which drivers tested positive for marijuana has more than doubled in the last three years, according to annual report from the state’s Department of Public Safety. An annual … Source: Claims Journal

State lawmakers hope to offer relief to thousands of Louisiana drivers who collectively owe millions of dollars to the Office of Motor Vehicles in unpaid fines from lapsed insurance coverage. It’s not clear yet what form that relief might take, … Source: Claims Journal

Homes located near a gas well blowout that spewed the nation’s largest-known release of methane had higher levels of toxic metals that could have caused symptoms Los Angeles residents have suffered from for months, public health officials said. Tests found … Source: Claims Journal

Self-driving cars are expected to usher in a new era of mobility, safety and convenience. The problem, say transportation researchers, is that people will use them too much. Experts foresee robot cars chauffeuring children to school, dance class and baseball … Source: Claims Journal

Designed to withstand tornadoes, earthquakes and even bomb blasts, a castle-like southwest Missouri home that was meant to last forever must be torn down and erected again, its owner argues in an ongoing lawsuit. Pensmore, a 72,000-square-foot home, might not … Source: Claims Journal

Though recent analysis of hail claims revealed a significant decline within the past couple of years, data compiled by Verisk A-PLUS property database indicates hail-related claims costs soared between 2008-2013. The National Insurance Crime Bureau released the most recent three-year … Source: Claims Journal