Archive for March 2019
New York Subpoenas Broker About Trump Organization
New York’s insurance regulator issued a subpoena to the Trump Organization’s primary insurance broker, a person familiar with the matter said. It came just days after President Donald Trump’s former personal attorney testified to Congress that the president’s company sometimes … Source: Claims Journal
Read MoreAon Quits Pursuit of Willis Towers Watson Merger
Aon Plc said it’s no longer pursuing a combination with rival insurance brokerage Willis Towers Watson Plc, a day after confirming that it was considering a tie-up. The company said on Tuesday that it was in the early stages of … Source: Claims Journal
Read More3-D Images, Surveillance Cameras Touted as Truth-Tellers for Claims Adjusters
The physician couldn’t tell what was causing the smudge on a CT scan of his wife’s lungs, so he referred her to a pulmonologist. That would likely have meant a two-week delay. Instead of waiting, Corey Chernett, chief executive officer … Source: Claims Journal
Read MoreHow People Rationalize Bad Choices
When a reward is tempting enough, people will break their own moral codes to gain the desired prize. Afterward, they’ll tell you exactly how they were justified: “It wasn’t as if anyone was harmed,” “I was only borrowing …,” “My … Source: Claims Journal
Read MoreU.S. Firms Hired Record Number of Robots in 2018
U.S. companies installed more robots last year than ever before, as cheaper and more flexible machines put them within reach of businesses of all sizes and in more corners of the economy beyond their traditional foothold in car plants. Shipments … Source: Claims Journal
Read MoreSalon to Pay $40K for Retaliatory Firing of Stylist After Hazards Report
After an investigation by the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA), the U.S. District Court for the Eastern District of Pennsylvania has entered a consent judgment ordering Blown Away Dry Bar and Salon, based in Kennett … Source: Claims Journal
Read MoreLyft, Uber Shift Risk to Captive Insurers
Ride-sharing giants Lyft Inc. and Uber Technologies Inc. seem to have found the same solution for dealing with the risks of managing millions of drivers on the road: Creating their own insurers in Hawaii. On Friday, Lyft told potential investors … Source: Claims Journal
Read MoreDeath Toll from Tornadoes Climbs in Southeast
An apparent tornado roared into southeast Alabama and killed at least 14 people and injured several others Sunday, part of a severe storm system that destroyed homes, snapped trees and unleashed other tornadoes around the Southeast. Dozens of emergency responders … Source: Claims Journal
Read MoreFamilies of Texas Church Shooting Victims Sue Gun Retailer
Family members of victims of a Texas church shooting are suing a sporting goods chain that sold the weapons used in the 2017 massacre. The lawsuit filed in state district court in San Antonio alleges Academy Sports & Outdoors illegally … Source: Claims Journal
Read MoreAon Said to Be Weighing Bid to Buy Willis Towers Watson
Aon Plc is considering an offer to buy rival insurance brokerage Willis Towers Watson Plc, according to people familiar with the matter, in what could be the industry’s largest ever merger. Aon is preparing to submit a bid for Willis … Source: Claims Journal
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