Archive for March 2018

Why You Can’t Have One Without the Other It is difficult to think of two legal concepts that have caused more confusion and headache for both courts and litigants than have contribution and subrogation. Fireman’s Fund Ins. Co. v. Maryland … Source: Claims Journal

Coastal cities worldwide would face a reduced threat from sea level rise if society reduced greenhouse gas emissions, with especially significant benefits for New York and other U.S. East Coast cities, new research indicates. The study, by scientists at the … Source: Claims Journal

Global investment in the insurance technology (insurtech) industry surged in 2017, with Europe emerging as a new insurtech hub outside the U.S., according to new research from Accenture. The research, which includes new analysis of CB Insights data on insurtech … Source: Claims Journal

Tokio Marine Streamlines Cargo,Product Contamination Coverage Tokio Marine America and Tokio Marine HCC, two subsidiaries of Tokio Marine Holdings, are offering food and beverage importers simplified access to Cargo and Product Contamination coverage. This partnership will offer broader choices and … Source: Claims Journal

Construction of the pedestrian bridge that collapsed and killed six people in the Miami area was behind schedule and millions over budget, in part because of a key change in the design and placement of one of its support towers. … Source: Claims Journal

While insurers in the U.S. recognize the impact the data will have on the industry, few currently have an IoT strategy, are collecting IoT data or have dedicated resources in place, according to a new LexisNexis Risk Solutions research. This … Source: Claims Journal

Members of a Senate panel voiced frustration Tuesday with the pace of repairs for vehicles with defective Takata airbag inflators and urged regulators to complete work on a federal rule that would require automakers to use email and other forms … Source: Claims Journal

Construction on portions of the new College of Forestry building at Oregon State University has been halted after a large section of subflooring made of cross-laminated timber gave way between the second and third stories. University spokesman Steve Clark said … Source: Claims Journal

Alaska lawmakers have begun considering a bill to help homeowners cover the cost of fixing leaking heating oil tanks. Depending on the size of the spill, everything from hiring contractors to buying cleanup supplies and even calling the state to … Source: Claims Journal

New Yorkers should expect a sloppy commute as the “the last gasp” of a nor’easter that dumped more than a foot in parts of the city heads out to sea. The city didn’t get the 18 inches (46 centimeters) that … Source: Claims Journal