Archive for September 2016

XL Catlin Boosts Global Property Insurance Capacity to $400M To accommodate increasing property values around the world and more complex risks, XL Catlin extended its global property insurance capacity to $400 million (USD), a more than 25 percent increase from … Source: Claims Journal

More than seven years after an airline captain saved 155 lives by ditching his crippled airliner in the Hudson River, now the basis of a new movie, most of the safety recommendations stemming from the accident haven’t been carried out. … Source: Claims Journal

The widow and children of a man who went to a rural Hawaii health center with a sore throat in 2013 and ended up dead will receive a $4.2 million settlement from the federal government, the widow’s lawyer said Wednesday. … Source: Claims Journal

A newly released litigation trends survey indicates an upward trend in virtually all of the metrics relating to litigation and the broader disputes area. Global law firm Norton Rose Fulbright released its 2016 Litigation Trends Annual Survey, which polled more … Source: Claims Journal

Lawyers who defend companies in product liability cases are celebrating an unusual order by a federal judge in Columbus, Georgia. In it, he told attorneys for the other side—the ones who represent injured consumers—that he was going to crack down … Source: Claims Journal

U.S. safety regulators started an official recall of Samsung Electronics Co.’s Galaxy Note 7 smartphone, about two weeks after the company halted sales following reports of dozens of the devices catching fire or exploding. Samsung is recalling about 1 million … Source: Claims Journal

State transportation officials are planning to use new connected vehicle technology on the Interstate 80 corridor in an effort to prevent crashes on the road, which has the highest traffic volume in Wyoming. The I-80 corridor in Wyoming is one … Source: Claims Journal

Uber riders in Pittsburgh can get a glimpse of the future by summoning a car capable of handling most of the tasks of driving on its own. Starting Wednesday morning, a fleet of self-driving Ford Fusions will pick up Uber … Source: Claims Journal

A Florida man was sentenced Monday to more than 11 years in prison for helping plot and carry out the sophisticated armed robbery of gold bars valued at $4.8 million from a truck that was stopped using remote-control devices along … Source: Claims Journal

A utility responsible for a massive gas leak that drove thousands of families from their Los Angeles homes pleaded no contest to a criminal charge Tuesday as part of a $4 million settlement with prosecutors. The deal requires Southern California … Source: Claims Journal