Archive for September 2016
Business Moves: Hudson Insurance, iovation, Verisk, Understory
Hudson Insurance Group Launches New Commercial Excess and Umbrella Unit New York City-based Hudson Insurance Group announced the launch of its new Commercial Excess and Umbrella business. The new unit will provide coverage on a non-admitted basis in all 50 … Source: Claims Journal
Read MoreLuxury Car Owners More Likely to Let Car Do Driving
If you drive a Mercedes-Benz or an Infiniti luxury vehicle, you’re probably more willing than most drivers to give up the wheel to a robot, according to a MaritzCX survey. About 27 percent of owners of Daimler AG’s Mercedes and … Source: Claims Journal
Read MoreHSB: Young Adults Most Likely to Be Targeted in Cyber Attack
More than one-third of U.S. consumers experienced a computer virus, hacking incident or other cyber attack in the past 12 months, a survey by Zogby Analytics for The Hartford Steam Boiler Inspection and Insurance Company (HSB) reported, and young adults … Source: Claims Journal
Read MoreFatal Car Crash Study Suggests Medical Marijuana May Help Curb Opioid Abuse
A study conducted at Columbia University’s Mailman School of Public Health found that there were fewer drivers killed in car crashes who tested positive for opioids in states with medical marijuana laws than before the laws went into effect. The … Source: Claims Journal
Read MoreDrug Manufacturers Fought Against State Opioid Limits Amid Crisis
The makers of prescription painkillers have adopted a 50-state strategy that includes hundreds of lobbyists and millions in campaign contributions to help kill or weaken measures aimed at stemming the tide of prescription opioids, the drugs at the heart of … Source: Claims Journal
Read MoreRegulators Approve Property Rate Hikes for Florida Citizens Customers
One of Florida’s largest property insurers is going to raise its rates again in the coming year. State regulators late Friday announced that it had approved premium hikes being sought by Citizens Property Insurance. The state-created Citizens has nearly 500,000 … Source: Claims Journal
Read MoreState Farm: Top 5 States for Deer Collision Claims
In many U.S. states, drivers are all too familiar with deer crossing signs, but do they really know how close the danger may be? State Farm has released its annual deer claim study, which ranks states by the potential drivers … Source: Claims Journal
Read MoreNew York Governor Says No Apparent Link Between Blast, Overseas Terror
Gov. Andrew Cuomo said Sunday that an explosion that rocked a crowded Manhattan neighborhood, injuring 29 people, doesn’t appear to be linked to international terrorism, and he vowed that authorities would find and prosecute whoever was responsible. He noted that … Source: Claims Journal
Read MoreHurricane Ike Damaged Roofs to Get Repaired 8 Years Later
Blue tarps that still cover hundreds of storm-damaged homes in Houston – including some houses battered by Hurricane Ike in 2008 – could finally be gone thanks to a new city program that’s promising to perform long-overdue roof repairs. In … Source: Claims Journal
Read MoreLouisiana Police Jury Files Claim, Hires Law Firm to Recover Stolen Money
The Rapides Parish Police Jury has hired a law firm to try to recover money they say was stolen from the District Attorney’s Office by an employee. The police jury, which is the governing authority for the parish, agreed on … Source: Claims Journal
Read More