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Archive for April 2017

Recalled Takata Airbags Being Installed in Used Cars

A Nevada crash that nearly killed a young woman has exposed a hole in the government’s efforts to get dangerous Takata airbag inflators off the road: There’s nothing that prevents the devices from being taken from wrecked cars and reused. … Source: Claims Journal

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The 8 Deadliest Words and Phrases in Claims

As someone who teaches on-site seminars in “Effective Claims Writing,” I read hundreds of letters, memos, safety evaluation and site inspection reports, workers compensation evaluations, e-mail to brokers and loss control recommendations. Rarely do I see a document that completely … Source: Claims Journal

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Tips on Handling the Latest Bad Faith Trends

Institutional attack, reptile theory and rules of the road are three recent bad faith trends, according to Douglas Wood, partner and Insurance Group Practice leader for Morris, Polich and Purdy. Purdy, sat down with Claims Journal during the most recent … Source: Claims Journal

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AIG: Large M&A Deals Can Lead to Costly Insurance Claims

The frequency of M&A insurance claims is rising as large deals prove risky and the average payout on the most severe category of claims tops $20 million, according to an American International Group, Inc. study of its representation and warranty … Source: Claims Journal

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Deadly Crash Spurs Tennessee School Bus Safety Bills

In the first legislative session after a school bus wreck in Chattanooga killed six children, Tennessee lawmakers are advancing bills to improve safety, including one measure that would require seatbelts on new buses. On Tuesday, a House committee advanced the … Source: Claims Journal

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Laptop Ban Spurs Fire Warning on Batteries in Jet Cargo Holds

The U.S. order prohibiting passengers from carrying laptop computers and other electronics into the cabins of some overseas flights is raising concerns about a risk unrelated to terror: the potential for those devices’ lithium-based batteries to catch fire in the … Source: Claims Journal

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Business News: Travelers, JN Phillips Auto Glass, Kespry, TrueMotion

Travelers Offers Customers Cybersecurity Services from Symantec The Travelers Companies, Inc. recently announced that it is making pre-breach cybersecurity services from Symantec Corp. available to eligible Travelers cyber policyholders. Symantec, a global provider of cybersecurity solutions, will offer a cyber … Source: Claims Journal

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