Archive for August 2017

When Andrew, a category 5 hurricane, made landfall on August 24, 1992, it was a wakeup call for the insurance industry. The devastation that resulted became the impetus for the widespread adoption of catastrophe models, according to Karen Clark, co-founder … Source: Claims Journal

Researchers are turning to the sky to help stop earthquakes from rumbling deep beneath the Oklahoma soil. The U.S. Geological Survey in coordination with the Oklahoma Geological Survey and other groups last week began using a modified small airplane to … Source: Claims Journal

Young teenagers were safety monitors along a Louisiana obstacle course when a wooden climbing framework collapsed under the weight of more than 20 “Warrior Dash” competitors in October, an investigator revealed Friday. Nearly a year after the collapse of the … Source: Claims Journal

The National Council on Compensation Insurance (NCCI) has released the first of a five-part series on its website examining the issues surrounding the growing impact of legalizing marijuana on workers’ compensation stakeholders. The first article in the series, The Marijuana … Source: Claims Journal

The shipping lanes around Singapore, among the world’s busiest, carry a host of challenges to safe navigation, including a narrow strait, frequently limited visibility and thousands of vessels sailing through daily. Countless ships have made the voyage in and out … Source: Claims Journal

A dangerous Takata airbag should have been recalled before going from a wrecked car to a salvage yard, eventually ending up in a 2002 Honda Accord and nearly killing a Las Vegas woman, a lawsuit alleges. The Accord had been … Source: Claims Journal

This really shouldn’t be a surprise to anyone who’s done it: You are just no good at texting and walking. While you might do OK at the reading and typing part, your preoccupied brain isn’t paying enough attention to what’s … Source: Claims Journal

Military investigators are trying to piece together the cause of a crash that killed 15 Marines and a sailor in Mississippi in July, but it could be a year or more until any information becomes public. In the meantime, the … Source: Claims Journal

A Los Angeles, Calif., jury on Monday ordered Johnson & Johnson to pay a record $417 million to a hospitalized woman who claimed in a lawsuit that the talc in the company’s iconic baby powder causes ovarian cancer when applied … Source: Claims Journal

The June cyberattack that paralyzed the computer systems in companies around the world is estimated to have cost the world’s biggest container shipping line between $200 million and $300 million, A.P. Moller-Maersk said Wednesday. The Copenhagen-based group, which was particularly … Source: Claims Journal