Archive for March 2018

Two Plead Guilty to Insurance Fraud by Arson Two men pled guilty today in federal court for their respective roles in a scheme to commit insurance fraud by arson, announced United States Attorney Michael B. Stuart. Dudley Bledsoe, age 63, … Source: Claims Journal

Remington Outdoor Co.’s decision to seek court protection was a long-anticipated move by one of America’s oldest gun-makers. It was in part the result of a maelstrom that’s buffeted the industry since the election of Donald Trump, one also fueled … Source: Claims Journal

Using technology to sell insurance and gather claims — it seems like the stuff of science fiction. However, advances in natural language processing and artificial intelligence (AI) have led insurance companies to adopt smarter, more automated solutions for assisting customers … Source: Claims Journal

A Montana hospital is not liable for the brain injury a 16-year-old Belt High School student suffered in a 2014 football game, a jury ruled Wednesday. Robert Back suffered a concussion on Sept. 5, 2014, and collapsed on the sidelines … Source: Claims Journal

Connecticut homeowners said they need additional financial assistance to help with crumbling home foundations that threaten to collapse their houses. Dozens of homeowners arrived in Hartford on Monday to support a bill that proposes every insurance company cover the peril … Source: Claims Journal

XL Catlin Offers Online Notification Option for Marine Claims in North America To help clients quickly and easily submit notification of their Marine insurance claims, XL Catlin has adopted an online claims reporting tool in the North America. Powered by … Source: Claims Journal

Uber Technologies Inc. disabled the standard collision-avoidance technology in the Volvo SUV that struck and killed a woman in Arizona last week, according to the auto-parts maker that supplied the vehicle’s radar and camera. “We don’t want people to be … Source: Claims Journal

The owners of Opry Mills are asking the Tennessee Supreme Court to reverse a ruling that reduced their 2010 flood insurance coverage from $200 to $50 million. Severe flooding closed the Nashville, Tenn., shopping mall for an extended period. After … Source: Claims Journal

Autopsies indicate an Iowa couple and their two children died from inhaling toxic gas at a rented condo on Mexico’s Caribbean coast, but there was no sign of foul play or suicide, Mexican authorities said Saturday. The prosecutors’ office in … Source: Claims Journal

Property and casualty (re)insurers (P&C) endured a trying 2017 with a compilation of latest financial results for a group of public companies showing an aggregate underwriting loss for the first time since 2011, according to Fitch Ratings in a new … Source: Claims Journal