Archive for July 2018

Shares of California utility owners PG&E Corp., Edison International and Sempra Energy climbed after Governor Jerry Brown indicated that utilities shouldn’t be responsible for future wildfire damages without considering whether they acted “reasonably.” The proposal wouldn’t affect the billions of … Source: Claims Journal

A second group of relatives of people killed in the deadly Oso landslide has reached an $11.5 million settlement with Washington state and a timber company that logged an area above the site of the collapse. The Daily Herald reported … Source: Claims Journal

A Pennsylvania man working at a Superstorm Sandy housing recovery center in New Jersey solicited thousands of dollars in bribes and fictitious fees from storm victims by telling them he could expedite and/or increase the amount of money they received, … Source: Claims Journal

The Dentists Insurance Company Names Spinelli Chief Executive Officer The Dentists Insurance Company, Northwest Dentists Insurance Company and Dentists Benefits Insurance Company boards of directors announce the appointment of Bob Spinelli as their new president and chief executive officer. In … Source: Claims Journal

A newly released white paper suggests workers’ compensation payers forgo Medicare Set Aside (MSA) voluntary reporting. Conventional Set Aside practices, according to Care Bridge International, can greatly inflate costs to claims payers to the tune of almost double the cost … Source: Claims Journal

As baby boomers retire and millennials flock to cities, two insurance giants are making a bet on people driving a lot less. Tokio Marine Holdings Inc. and Intact Financial Corp. are leading a $90 million investment in Metromile Inc., the … Source: Claims Journal

Reno’s City Council is moving to shore up the Nevada city’s aging fleet of fire engines after its last functioning ladder truck went down twice in the last 10 days. The Reno Gazette Journal reports the situation reached a critical … Source: Claims Journal

Ten miles from Louisiana’s receding shore, on an island that was on the verge of sinking away, new land is growing at a rate of 200 feet per day. A slurry of sand blasts from a 30-inch-wide pipe with the … Source: Claims Journal

The nation’s largest home-demolition program, which has torn down more than 14,000 vacant houses across Detroit, Mich., may have inadvertently created a new problem by spreading lead-contaminated dust through some of the city’s many hollowed-out neighborhoods. Health officials are concerned … Source: Claims Journal

The unprecedented move from MGM Resorts International to sue hundreds of victims of last year’s mass shooting in Las Vegas using an obscure U.S. law never tested in court has been framed by the casino-operator as an effort to avoid … Source: Claims Journal