Archive for July 2016

New maps for Dare County, N.C., are removing thousands of homes and lots from flood zones, creating a need to update local building codes that until now accounted for more rising water. The Virginian-Pilot of Norfolk reports that, according to … Source: Claims Journal

A Texas lawyer and six co-defendants are now facing a reduced indictment of 73 charges, instead of 95, at federal trial on accusations that they faked more than 40,000 damage claims after the BP oil spill in 2010. Online court … Source: Claims Journal

John Belnap would have experienced a “black hole” of darkness within moments after taking off from Brookings, Ore., on the moonless night of July 4, when his Cessna 172 crashed into the Pacific Ocean. The relatively inexperienced pilot from Grants … Source: Claims Journal

New York will require $1 million coverage for life-threatening brain injuries and other new health insurance for both professional boxers and its first group of licensed mixed martial artists under regulations slated to take effect in September. The State Athletic … Source: Claims Journal

There are two principal viewpoints on when a UM/UIM claim accrues for purposes of triggering a limitations period. The majority view holds that the accrual date is triggered upon the insurance company’s breach of the insurance contract as opposed to … Source: Claims Journal

Most companies are unprepared for the emergence of autonomous vehicles (AVs), according to corporate risk managers surveyed by Munich Re at the 2016 Risk and Insurance Management Society Conference (RIMS). Despite the potential business impact of this technology, a majority … Source: Claims Journal

The U.S. Department of Labor’s Mine Safety and Health Administration announced last month that – for the first time since reforms began in 2010 – none of the nation’s more than 13,000 mining operations meets the criteria for a Pattern … Source: Claims Journal

Working age adults account for more than two-thirds of the estimated 9.9 million annual fall-related injuries impacting U.S. adults according to Liberty Mutual’s latest research, highlighting the importance of companies actively protecting employees and the public from falls. Liberty Mutual … Source: Claims Journal

Gov. Scott Walker is requesting a federal assessment of damage from last week’s heavy rains to determine whether the state will request federal disaster assistance. The storm and flooding caused an estimated $30 million in damage in northwestern Wisconsin. State … Source: Claims Journal

The Environmental Protection Agency and the U.S. Forest Service want to station 10 firefighters near Libby, Mont., this summer so crews are immediately available to fight any fire that night burn in or near a former vermiculite mine contaminated with … Source: Claims Journal