Archive for December 2017

Defective product risk is an increasing peril for companies, causing significant financial damage, according to a newly released Allianz Global Corporate & Specialty (AGCS) report. Recall exposures have increased significantly over the past decade, bringing the potential for larger and … Source: Claims Journal

Insurers Seek Reimbursement for the High Cost of Opioid Addictions Big Pharma is having a Big Tobacco moment. Since 1999, the number of prescription opioids sold in America has almost quadrupled. Over the same period, prescription opioid deaths have more … Source: Claims Journal

A medical marijuana card used to be the key to buying and possessing pot in Oregon. But the rise of recreational marijuana is making the cards primarily valuable only as a discount card, and not a necessity to buy, said … Source: Claims Journal

Troy Hunt has collected a trove of 4.8 billion stolen identity records pulled from the darkest corners of the internet – but he isn’t a hacker. Instead, he uses that repository to help ordinary people navigate the growing scourge of … Source: Claims Journal

It was the opening day of deer hunting season, and Ronald Hansen says he loaded his rifle the same way he had countless times before, aimed at a target and fired a shot. This time, the gun barrel exploded, knocking … Source: Claims Journal

Travelers Streamlines Workers Compensation Claims With New Digital Capability The Travelers Companies, Inc. launched a new digital self-service capability to streamline the workers compensation claim process. MyTravelers for Injured Employees is a secure, web-based tool that provides injured employees with … Source: Claims Journal

Ferocious winds in Southern California whipped up an explosive wildfire that prompted evacuation orders for nearly 8,000 homes, authorities said. The blaze broke out Monday and grew wildly to more than 48 square miles (124 sq. kilometers) in the hours … Source: Claims Journal

A new in-car application from General Motors Co. that lets drivers of eligible Chevrolet, Buick, GMC and Cadillac vehicles order coffee and browse for hotels while behind the wheel has been met with outcry from a prominent safety group. The … Source: Claims Journal

It was a scenario that emergency room doctors at Jackson Memorial Hospital had discussed but never seen in person – an unconscious patient with a tattoo across his chest that read “Do Not Resuscitate.” The 70-year-old man at the Miami … Source: Claims Journal

Massachusetts may soon fall in line with the majority of U.S. states that have changed their approach to prosecuting theft in recent years, by increasing the dollar threshold for which larceny is considered a felony. The level at which any … Source: Claims Journal