Archive for September 2019
U.K. Travel Insurer Contacting Clients Stranded by Collapse of Thomas Cook
Saga Plc said on Monday it was securing alternative flights, where possible, for customers who are due to travel imminently and have been impacted by the collapse of Thomas Cook. The over-50s tourism and insurance firm said in an email … Source: Claims Journal
Read MoreHouse OKs Stopgap Funding for Government, Flood Insurance Until Nov. 21; Senate Action Awaited
The Democratic-controlled House of Representatives last week passed a continuing resolution to extend federal government funding through Nov. 21 and avoid a government shutdown at the end of the month. The bipartisan vote of 301-123 saw three Democrats vote no … Source: Claims Journal
Read MorePMA, Orchid Medical, Athens Group, Ametros, Hancock Make Appointments
PMA Appoints Claims Leader for the Southeast PMA Companies Insurance Group has appointed Sabrina Mitchell as claims assistant vice president for its Southeast Region. Mitchell reports to Ray DiCello, senior vice president and chief claims officer for PMA, which is … Source: Claims Journal
Read MoreShady Adjuster and Alleged Fake Racist Attack Top Fraud Roundup
SoCal Adjuster Jailed for Embezzlement A former licensed public adjuster from Huntington Beach, Calif., was sentenced to 180 days in county jail and five years of felony probation after pleading guilty to three felony counts of embezzlement and one felony … Source: Claims Journal
Read MoreOnce Hacked, Twice Shy: How Auto Supplier Harman Learned to Fight Cyber Carjackers
LAS VEGAS — When researchers remotely hacked a Jeep Cherokee in 2015, slowing it to a crawl in the middle of a U.S. highway, the portal the hackers used was an infotainment system made by supplier Harman International. Harman, now … Source: Claims Journal
Read MoreAviation Industry Expects Double-Digit Premium Hikes After 737 MAX Grounding
The aviation industry is bracing for double-digit insurance premium hikes for the first time in about 15 years, as insurers wrestle with higher costs from aircraft groundings, including the grounding of Boeing Co’s 737 MAX jets following two fatal crashes, … Source: Claims Journal
Read MorePurdue Opioid Deal May Be Worth Less Than Drugmaker Promised
Purdue Pharma LP’s deal to escape thousands of lawsuits over its role in the U.S. opioid crisis may provide less than half the $10 billion that the closely held drugmaker projected in its Chapter 11 filing, said three people familiar … Source: Claims Journal
Read MoreHouston Begins Cleanup After Almost 4 Feet of Rain Falls
Imelda’s rains have largely left Houston, but the city and the surrounding region are reeling from the fallout. Much of the area remains flooded, with homes and businesses damaged, hundreds of abandoned cars left on highways, water systems compromised and … Source: Claims Journal
Read MorePrivate Climate Firms Say They’re Helping. Scientists Worry They’re Not
As central banks and financial institutions come to terms with climate risks, they are increasingly seeking data and analysis from private providers that “may be operating outside the bounds of scientific merit,” according to Jesse Keenan, a climate risk and … Source: Claims Journal
Read MoreAmerica’s Great Climate Exodus Is Starting in the Florida Keys
Lori Rittel is stuck in her Florida Keys home, living in the wreckage left by Hurricane Irma two years ago, unable to rebuild or repair. Now her best hope for escape is to sell the little white bungalow to the … Source: Claims Journal
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