Archive for June 2016

Prosecutors introduced a new theory as a murder trial started for a Baltimore, Md., police van driver charged in the death of Freddie Gray, a 25-year-old black man whose neck was broken in the back of the wagon. Not only … Source: Claims Journal

At least one broken bolt holding the rail in place caused the fiery derailment of a Union Pacific train moving volatile crude oil through the Columbia River Gorge on the Oregon-Washington border, railroad officials say. Union Pacific spokesman Justin Jacobs … Source: Claims Journal

When John Couch is certain a storm will hit Hatteras Island, he goes into action, moving merchandise in his auto parts store from bottom shelves to top ones and hauling away the most valuable items. But at 64 years old, … Source: Claims Journal

Media groups have asked a Philadelphia judge to unseal insurance documents that could address whether Penn State football coach Joe Paterno was told in the mid-1970s that his assistant was molesting boys. The media groups also asked the judge Thursday … Source: Claims Journal

Liberty Mutual Announces Senior Leadership Appointments Liberty Mutual announced three senior appointments to its Commercial Insurance operating unit. Mike Fallon is appointed president, National Insurance, which helps large and specialized businesses solve complex risk management challenges. Steve McAnena is appointed … Source: Claims Journal

The Casualty Actuarial Society (CAS) has selected four universities to receive the 2016 CAS University Award, an honor created to recognize schools doing exemplary work in preparing students for a career in the property/casualty insurance industry. The schools honored in … Source: Claims Journal

A lawyer filing suit over a fatal Amtrak crash near Philadelphia blamed a “colossal miscommunication” for the deaths of two rail workers killed when a train traveling 106 mph struck a backhoe on the same track. Lawyers filed a negligence … Source: Claims Journal

When a directors and officers (D&O) claim is declined, it can be catastrophic for an insured, forcing the company to deal with “the financial costs of a claim or loss entirely on its own,” according to a report published by Marsh. … Source: Claims Journal

A new study by the Workers Compensation Research Institute (WCRI) found “noticeable decreases” in the amount of opioids prescribed per workers’ compensation claim in a majority of 25  states studied. The WCRI study, Interstate Variations in Use of Opioids, 3rd … Source: Claims Journal

Oklahoma’s top insurance regulator has determined that there’s a definite lack of competition in the earthquake insurance market in Oklahoma and ordered insurers to change the way they file rates for the coverage in the state. Commissioner John D. Doak’s order … Source: Claims Journal