Archive for October 2017
Millions of Allegedly Defective Rail Ties Leads Railroad to Sue
One of the nation’s largest railroads must replace millions of defective wooden railroad ties on its tracks because they’re degrading faster than expected, the company said in a federal lawsuit. Norfolk Southern Railway blames an Alabama company that produced its … Source: Claims Journal
Read MoreParametric Insurance Explored for U.S. Disasters
Catastrophic losses this year due to extreme weather events has led to a growing interest in parametric insurance in the U.S., according to industry experts. Weather stations and satellite images are helping to make parametric coverage an affordable, and increasingly, … Source: Claims Journal
Read MoreNew Jersey Parents Warned to Watch for Marijuana-Laced Halloween Candy
New Jersey is warning parents to look out for people slipping their kids marijuana-laced candy while trick-or-treating. But with no apparent evidence that’s ever happened, advocates for legalizing the drug say it’s nothing more than a Halloween scare tactic. The … Source: Claims Journal
Read MoreFraud News: Workers’ Comp and Disaster Aid Fraud, Staged Crashes
Mississippi Woman Arrested in Worker’s Comp Fraud Case A Mississippi woman has been arrested in a worker’s compensation fraud case. Attorney General Jim Hood said Wednesday, in a news release, that 35-year-old Francine Owens is accused of giving misleading statements … Source: Claims Journal
Read MoreCommentary: Cities Could Do Better When it Comes to Disaster Preparation
The first game of this year’s World Series earned a dubious distinction for the highest temperature ever recorded at the Fall Classic. At 103 degrees, the temperature at 5 p.m. Tuesday in Los Angeles was far above the previous record … Source: Claims Journal
Read MoreConfusion Over California’s Recreational Marijuana Rules
Ready or not, California kicks off recreational marijuana sales on Jan. 1. And, mostly, it’s not. Los Angeles and San Francisco are among many cities still struggling to fashion local rules for pot shops and growers. Without the regulations, there … Source: Claims Journal
Read MoreContractor Fraud Leaves Some Rebuilding 5 Years After Sandy
After Superstorm Sandy flooded the first floor of his New Jersey home with 4 feet of water, Rich Bindell shelled out tens of thousands of dollars to a contractor he knew was approved by the state and had done other … Source: Claims Journal
Read MoreSubaru Chief Apologizes for Flawed Inspections
The head of Japanese automaker Subaru bowed deeply in apology Friday as the company admitted that it has been carrying out flawed inspections of its Japan-made cars for years. The announcement by Subaru’s chief executive and president, Yasuyuki Yoshinaga, was … Source: Claims Journal
Read MoreProducts-Completed Operations Hazard Coverage Doesn’t Cover Liability Based on Negligent Professional Services
In a lawsuit brought by the Illinois city of Park Ridge against its liability insurer, involving the defense of alleged wrongs of city employees, the Appellate Court of Illinois refused to recognize emergency medical services as the city’s “work” under … Source: Claims Journal
Read MoreOregon Law Means Harsher Penalties for Holding Cell Phone While Driving
In the three years that Springfield police officer Mike Massey has been a motorcycle traffic enforcement officer, he’s seen it all when it comes to cellphone use and driving. In addition to witnessing drivers talking or texting on their cellphones … Source: Claims Journal
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