Archive for October 2017
New York Regulators Investigating NRA Insurance for Gun Owners
An insurance policy offered by the National Rifle Association is under scrutiny by insurance regulators after gun-control groups raised questions about how it’s being marketed. Carry Guard insurance was launched earlier this year by the nation’s most powerful gun lobbying … Source: Claims Journal
Read MoreSenate Passes $36.5B Disaster Aid Bill; President Signature Next
The Senate passed a $36.5 billion emergency aid measure Tuesday to refill disaster accounts, provide a much-needed cash infusion to Puerto Rico, and bail out the federal flood insurance program. The 82-17 vote sends the measure to the White House, … Source: Claims Journal
Read MoreTravelers’ 2017 Risk Index: Top Worries Center on Cyber, Driving and Workplace
According to the latest Travelers Risk Index, 52 percent of consumers say they think the world is getting riskier, down from 63 percent when the survey was launched in 2013. The 2017 index identifies the overall perception of risks for … Source: Claims Journal
Read MoreFighting Commercial Auto Frequency, Severity Drivers With Technology
Litigation financing, distracted driving and unexpected verdicts are just some of the factors impacting commercial auto frequency and severity, according to panelists speaking at the 2017 Risk Management Summit last week. There’s been a focus on commercial auto underwriting losses … Source: Claims Journal
Read MoreAsbestos, Dry Cleaning Agent Among 10 Chemicals Under EPA Review
Under a congressional mandate, the U.S. Environmental Protection Agency is reviewing 10 chemicals to determine if they pose an unreasonable risk to human health or the environment and should be subject to additional regulation. They range from asbestos, which was … Source: Claims Journal
Read MoreSurvey Reveals Bullish but Measured Outlook in Race to Self-Driving Cars
As Congress makes headway on legislation to expedite the rollout of self-driving cars, automotive and technology companies are already forging ahead in spite of lingering regulatory uncertainty and other challenges, according to a new survey conducted by law firm Foley … Source: Claims Journal
Read MoreFiat Chrysler Requests New Trial After $40M Jeep Fire Award
After a family was awarded $40 million in the death of a 4-year-old boy in a Jeep fire, Fiat Chrysler on Tuesday asked the Georgia Supreme Court for a new trial or for the award to be reduced. Remington “Remi” … Source: Claims Journal
Read MoreBusiness News: Safety National, Starr Companies, Paradigm Outcomes, Willis Towers Watson
Safety National Adds Cyber Risk Insurance to Product Offerings Safety National has entered the cyber risk insurance marketplace with a portfolio of coverage to assist companies in addressing global network security and privacy breach incidents. Safety National’s cyber risk insurance … Source: Claims Journal
Read MoreCellphone Use While Crossing a Street Now Banned in Honolulu
A new city ordinance that makes it illegal to look at a cellphone or other electronic device while crossing a street or highway in Honolulu officially goes into effect today. The electronic device pedestrian safety bill 6 (2017), CD2, FD2, … Source: Claims Journal
Read MoreCalifornia Launches Major Clean-up After Wine Country Wildfire
Government officials outlined plans Monday for what they say will be the largest fire clean-up in California history, aimed at removing hazardous substances and ash from 8,400 homes and other structures burned in Northern California wildfires. With hundreds of anxious … Source: Claims Journal
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