Archive for August 2016

As of last week, 219 current or former Wah Chang employees or their survivors had received more than $35 million in benefits as compensation from the federal government for cancers contracted through radiation exposure at the Millersburg, Ore., metals refinery. … Source: Claims Journal

The total costs associated with burglary and robbery losses at jewelry stores across the country declined from $33.2 million to $30.8 million, according to the Jewelers’ Security Alliance. It’s release of crime statistics for the first six months of 2016 … Source: Claims Journal

A federal judge ruled Friday that a tugboat company can’t countersue the government for payment for cleaning up a 2013 oil spill on the Mississippi River. U.S. District Judge Carlton Reeves refused to allow a challenge to an earlier U.S. … Source: Claims Journal

Generally, stacking is defined “as an insured’s ability to obtain multiple insurance coverage benefits for an injury either from more than one policy, as where the insured has two or more separate vehicles under separate policies, or from multiple coverages … Source: Claims Journal

Two men jailed in Houston, Texas, and accused of using pirated computer software to steal more than 100 vehicles may have exploited an electronic vulnerability to advance auto theft into high-tech crime. Michael Arce, 24, and Jesse Zelaya, 22, focused … Source: Claims Journal

In the event of a natural catastrophe, two ports in Nagoya, Japan and Guangzhou, China, would suffer the greatest losses at $2.3 billion and $2 billion respectively, according to RMS analysis of the catastrophe risk associated with the world’s ports. … Source: Claims Journal

Malaysia acknowledged for the first time that one of the pilots of Malaysia Airlines Flight 370 had plotted a course on his home flight simulator to the southern Indian Ocean, where the missing jet is believed to have crashed. Australian … Source: Claims Journal

Allstate Corp. Chief Executive Officer Tom Wilson created a stand-alone unit for a telematics business that he expects to grow rapidly by collecting data on drivers and selling analytics products to third parties. The firm is named Arity and will … Source: Claims Journal

A Pennsylvania steel company named in a lawsuit over a fiery oil tanker train derailment near Casselton, N.D., says it should not be held liable for the 2013 accident. Standard Steel and BNSF are named in a complaint filed by … Source: Claims Journal

Arkansas voters this fall will be allowed to consider a constitutional amendment that would limit non-economic damages in lawsuits against healthcare providers and set a limit on contingency fees lawyers could receive in medical injury cases. It joins four other … Source: Claims Journal