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Archive for April 2018

People News: IFS, AIG, CNA

Lee Joins Integrated Financial Settlements as Chief Executive Officer Robert Lee has been selected as the new chief executive officer at Denver-based IFS, a holding company with several industry subsidiaries in the structured settlements and MSP compliance marketplaces. For the … Source: Claims Journal

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Tesla Withdraws From NTSB Crash Probe Over Autopilot Data Flap

Tesla Inc. withdrew from the U.S. National Transportation Safety Board’s investigation of a fatal accident involving one of its vehicles, an unusual move that followed public statements by the company blaming the driver and breaching the agency’s protocols. “Tesla withdrew … Source: Claims Journal

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Colorado Work Zone Deaths Skyrocket in 2017

A recent report says work zone fatalities in Colorado have skyrocketed. The Gazette reports a study by the Colorado Department of Transportation says the 2017 death toll in work zones was 15, compared with seven in 2016 and 2015 and … Source: Claims Journal

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Mississippi Governor Orders 83 Deficient Bridges Closed

Republican Gov. Phil Bryant on Tuesday ordered the Mississippi Department of Transportation to immediately close 83 locally maintained bridges that the federal government says are in bad shape. “These bridges have been deemed unsafe for the traveling public,” Bryant said … Source: Claims Journal

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USA Gymnastics Sues Insurers Amid Nassar Sex Abuse Lawsuits

USA Gymnastics is suing its insurance carriers, alleging that they haven’t fully reimbursed it for defense costs incurred in lawsuits filed by victims of disgraced former sports doctor Larry Nassar. The Indianapolis-based governing body for gymnastics filed its lawsuit against … Source: Claims Journal

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AI-Related Liability Considerations

The recent deadly crash of an Uber autonomous car in Arizona highlights the evolving risk related to artificial intelligence (AI). A newly released report by Allianz Global Corporate & Specialty, The Rise of Artificial Intelligence: Future Outlook and Emerging Risks, … Source: Claims Journal

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