Archive for November 2016

Months after two severe storms flooded basements on Detroit’s east side, the Michigan city’s water department has decided to pay the claims of all residents who aren’t suing it. Hundreds of homes were damaged during the July 8 storm, which … Source: Claims Journal

Now that the presidential election has been decided, attention has turned to some of the smaller races within each state. Five states held elections for insurance commissioner yesterday. According to Ballotpedia.org, incumbent Karen Weldin Stewart, sought a third term during … Source: Claims Journal

The top U.S. counterintelligence official says secret government data is vulnerable to thieves, such as the National Security Agency insider accused of working undetected for 20 years to steal a large trove of classified material, even as he defends the … Source: Claims Journal

Donald Trump’s surprise election Tuesday as U.S. president means the repudiation of Barack Obama’s legacy and a strong likelihood Republicans will undo many of his accomplishments, including Obamacare and trade deals, and seek tax cuts for the rich. While Trump … Source: Claims Journal

Humidifiers made by GD Midea and sold between January 2003 and December 2013 are being recalled due to the potential to overheat, smoke and catch fire, posing serious fire and burn hazards. According to an alert issued by the Consumer … Source: Claims Journal

Putting the injured worker first is key to the “advocacy-based claims model,” which puts the worker at the center of all activity. “It focuses on improving the injured worker’s experience. Until now, most employers have focused on corporate outcomes. Goals … Source: Claims Journal

Earth experienced its hottest half-decade on record between 2011 and 2015 and the floods, droughts and storms unleashed by rising temperatures are likely only a prelude to new weather extremes, the World Meteorological Organization said. As delegates from almost 200 … Source: Claims Journal

A magnitude 5.0 earthquake centered near one of the world’s key oil hubs brought down building facades and shattered windows in a central Oklahoma city, rendering century-old buildings unsafe and raising concerns about key infrastructure. As the sun rose Monday, … Source: Claims Journal

Outside groups are spending millions to try to influence the political balance of North Carolina’s Supreme Court, with even Barack Obama weighing in with a rare endorsement in a state judicial contest. Although justices don’t officially run as Republicans or … Source: Claims Journal

Technology innovation will provide the biggest growth opportunities for reinsurers in the year ahead, according to a just released survey by Guy Carpenter & Company, LLC, global risk and reinsurance specialist and wholly owned subsidiary of Marsh & McLennan Companies. … Source: Claims Journal