Archive for November 2017

After one of the worst Atlantic hurricane seasons in history, the world’s biggest insurers say the industry needs to get its act together if it wants to survive climate change. Insuring against weather natural disasters could reach unaffordable levels for … Source: Claims Journal

Chipotle Mexican Grill Inc. said there’s no connection between the company and an illness suffered by “Supergirl” actor Jeremy Jordan, who blamed the burrito chain for making him severely sick. “There is not a link and there are no other … Source: Claims Journal

Penn State disclosed Friday it recently paid out an additional $16 million to people with claims they were sexually abused by former assistant football coach Jerry Sandusky, raising the total over several years to more than $100 million. It’s not … Source: Claims Journal

Former New England Patriots player Aaron Hernandez suffered substantial damage to parts of the brain that affect memory, judgment and behavior from the most severe case of a degenerative disease linked to head blows ever found in someone so young, … Source: Claims Journal

Former Yahoo CEO Marissa Mayer told lawmakers Wednesday that the threat from state-sponsored hackers has changed the playing field so dramatically that even the best-defended companies can fall victim. Mayer joined former and current CEOs of Equifax in testifying before … Source: Claims Journal

The question of whether attorney’s fees awarded under Minnesota’s insurance unreasonable denial statute could exceed the policy limits of the policy was recently addressed by the Minnesota Supreme Court in Wilbur v. State Farm Mutual Automobile Insurance Co., 892 NW2d … Source: Claims Journal

Indiana’s county prosecutors remain vehemently opposed to any form of marijuana legalization and insist the plant “is not medicine” amid a push by a conservative state lawmaker to have it recognized as such. The Association of Indiana Prosecuting Attorneys argues … Source: Claims Journal

Investor-funded litigation is not new but it is expanding its reach in commercial auto cases, according to experts in the field. Panelists at the 2017 Risk Management Summit in Las Vegas, Nev., addressed the growing trend of investor funded litigation … Source: Claims Journal

A new campaign launched by The Travelers Companies, Inc., is targeting the distracted driving problem. Every Second Matters is a national initiative that will present a series of forums held across the country by the company’s public policy division, the … Source: Claims Journal

Commuters of the future could get some relief from congested roads if Uber’s plans for flying taxis work out. The ride-hailing service unveiled Wednesday an artist’s impression of the sleek, futuristic machine it hopes to start using for demonstration flights … Source: Claims Journal