Archive for June 2016
Lack of New Employee Training Can Impact Businesses’ Cyber Risk
Organizations experiencing data breaches are judged by their employees as lacking a learning culture and failing to put the customer at the center of business activity, according to a new analysis from global advisory, broking and solutions company Willis Towers … Source: Claims Journal
Read MoreSupreme Court Will Hear State Farm Appeal Over Katrina Fraud Claim
The U.S. Supreme Court on Tuesday agreed to hear an appeal by State Farm contesting a jury finding that the insurance company defrauded the federal government when assessing damage caused by Hurricane Katrina in 2005 along the Gulf of Mexico … Source: Claims Journal
Read MorePlaintiff’s Prayer for Coverage is Answered in Illinois
Generally, the duty to defend extends to cases in which the complaint contains several theories or causes of action against the insured and only one of the theories is within the policy’s coverage limits. See, e.g., Country Mutual Ins. Co. … Source: Claims Journal
Read MoreThousands of Drivers Nabbed by Connecticut License Plate Scanners
The number of motorists pulled over by Connecticut State Police through the use of license plate scanners has skyrocketed in the past few years. The high-tech cameras mounted on some cruisers can scan as many as 1,800 license plates a … Source: Claims Journal
Read MoreNew Measure Would Put Most of Colorado Off Limits to Wells
A proposal to require new oil and gas wells to be at least 2,500 feet from homes and schools in Colorado would leave 90 percent of the state off-limits to future drilling, regulators said Friday. The Colorado Oil and Gas … Source: Claims Journal
Read MoreLexisNexis: P/C Carriers Increase Use of Alternative Fee Arrangements
Nearly 80 percent of property/casualty insurance carrier legal and claim departments use alternative fee arrangements (AFAs), according to a recent LexisNexis CounselLink survey. This is an increase from 69 percent reported in August 2015. According to the report, the use … Source: Claims Journal
Read MoreMichigan Bills Allows for Sales, Use of Driverless Cars Beyond Testing
The U.S. auto industry’s home state of Michigan is preparing for the advent of self-driving cars by pushing legislation to allow for public sales and operation – a significant expansion beyond an existing state law that sanctions such vehicles for … Source: Claims Journal
Read MoreCoreLogic: 6.8M Homes at Risk for Hurricane-Related Storm Surge Damage
More than 6.8 million homes located on the Atlantic and Gulf coasts are in danger of hurricane storm surge damage, according CoreLogic’s latest storm surge report. The total cost for reconstruction of the homes located in 19 states and the … Source: Claims Journal
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