Archive for April 2017

Three California Residents Charged in Workers’ Comp Insurance Fraud Case A Riverside woman was arraigned Wednesday, March 29, 2017, on 52 felonies related to workers’ compensation insurance fraud that resulted in a loss of more than $540,000 to two insurance … Source: Claims Journal

Inspectors discovered that a California building in a rundown neighborhood lacked fire extinguishers, smoke detectors in every apartment and a working sprinkler system just three days before a blaze erupted and killed three low-income residents. Officials uncovered multiple fire code … Source: Claims Journal

The driver of a pickup truck that collided with a church minibus in rural Texas, killing 13 people, apologized after the crash and acknowledged he had been texting while driving, a witness said Friday. Jody Kuchler told The Associated Press … Source: Claims Journal

The largest U.S. electric company sued 30 international and domestic insurance companies Wednesday, saying they should cover part of the utility’s multibillion-dollar cleanup costs in the Carolinas for toxic byproducts left from decades of burning coal to generate power. Charlotte-based … Source: Claims Journal

FM Global, a global business property insurer, posted an improved combined ratio of 83.2 percent in 2016—compared to 85.3 percent a year earlier—which was a market-leading result for the fourth consecutive year. Total gross premium in force increased to $5.43 … Source: Claims Journal