Archive for July 2018

The Badger Creek Fire has burned for more than a month along the Colorado border, consuming more than 32 square miles (82 square kilometers) in the process. Six hours north, the Terek Fire, more than twice the size of its … Source: Claims Journal

Healthcare providers and government agencies across the U.S. have seen an increase in cybersecurity breaches in recent months, exposing sensitive data from hundreds of thousands of people as the sector scrambles to find adequate defense mechanisms. “These threats are real,” … Source: Claims Journal

Hawaii tour boat operators plan to continue taking visitors to see lava, but will follow the Coast Guard’s revised policy and stay farther away after an explosion caused molten rock to barrel through the roof of a vessel, injuring 23 … Source: Claims Journal

MGM Resorts International sued the victims of a Las Vegas music festival mass shooting in an effort to block any potential compensation claims against it. The owner of the Mandalay Bay hotel claims a 2002 federal statute wipes out liability … Source: Claims Journal

Motorized scooters are making quite the splash in pedestrian-heavy cities from Santa Monica, California, to Washington, D.C. They’re ubiquitous, inexpensive to rent, easy to unload and fun. They’re also dangerous. These small electric vehicles marketed by various companies are leaving … Source: Claims Journal

Following a review of recent years’ asbestos related claims and litigation activity and insurers’ paid and incurred loss experience, Fitch has raised projection for ultimate all-time U.S. industry incurred losses to $100 billion compared with a previous estimate of $90 … Source: Claims Journal

On nights lit by a full moon, thieves leap from trucks onto trains as they roll through Chile’s Atacama Desert, before throwing 80-kilo (180-pound) slabs of copper to the ground and disappearing into the dark. It’s a tactic known as … Source: Claims Journal

Pharmacy costs in workers’ compensation have decreased by $1.1 billion during the past eight years, according to CompPharma’s 15th Annual Survey of Prescription Drug Management in Workers’ Compensation. “Pharmacy is no longer the fastest-growing segment of work comp medical expenses,” … Source: Claims Journal

A hazmat suit and respirator is what Jared Herbert typically wears to work. If passersby ask what he is working on, he tells them he’s just cleaning a house. Or taking care of a residential chemical contamination. He never gives … Source: Claims Journal

EPLI coverage forms present some unique coverage issues that ordinarily are not present under typical, general liability policies. These issues include those that arise under the claims made nature of many EPLI policies, the special trigger issues that are presented … Source: Claims Journal