Archive for March 2020
Chubb Expands North American Claims Leadership with Hazelton, Watt
Chubb has expanded its North America claims leadership team with two appointments: Bill Hazelton has been named head of Chubb North America Claims, and Megan Watt has been appointed to a newly created leadership role, head of North America Complex … Source: Claims Journal
Read MoreBuilding Information Modeling Pitched as Claims Management Tool
GARDEN GROVE, Calif. — As an attorney who focuses on construction litigation, Vasko C. Alexander says he has spent a good part of his legal career inside mediation sessions where contractors, subcontractors, owners and architects blame one another for whatever … Source: Claims Journal
Read MoreParametric Insurance Could Offer Hotels Relief from Coronavirus Cancellations
Organizers of events called off because of the coronavirus are likely to miss out on insurance payouts because typical policies do not cover epidemic outbreaks. Hotels hit by cancellations may fare better. That is because a new type of insurance … Source: Claims Journal
Read MorePopular Climate Change Mitigation Financing Plan Has Its Fans and Foes
A decade ago, if a Floridian wanted extra cash to replace a roof, install solar panels or a brand new air conditioner, the most common choice was a bank loan. But for the last few years, homeowners also have had … Source: Claims Journal
Read MoreAustralian Court Orders J&J to Pay $1.7 Million in Pelvic Implant Case
An Australian court on Tuesday ordered Johnson & Johnson to pay three women a total of A$2.6 million ($1.7 million) plus legal costs as compensation for misleading patients and surgeons about the risks of its pelvic mesh implants. The Federal … Source: Claims Journal
Read MoreAIR Worldwide Pandemic Model Identifies Countries at Highest Risk for Coronavirus
AIR Worldwide published an evaluation of potential coronavirus disease 2019 (COVID-19) cases in other countries, using its pandemic model to run hypothetical scenarios that could reveal those countries at the highest risk for onward infections. In these scenarios, AIR simulated … Source: Claims Journal
Read MoreIt’s Mostly Conference-as-Usual For Insurance Amid Coronavirus (Except No Handshakes)
As the coronavirus and its COVID-19 disease spread, Insurance professionals going to industry conferences over the next few weeks and months could find themselves having their temperature taken at the door and being told not to shake hands with fellow … Source: Claims Journal
Read MoreOne Square Kilometer of Wetlands Worth $1.8M in Storm Damage Prevention
U.S. protection of wetlands has expanded and contracted dramatically over the last five years, as Democratic and Republican administrations rewrote Clean Water Act rules to their constituencies’ liking. The lack of high-quality economic analysis has been a recurring theme in … Source: Claims Journal
Read MoreAlphabet’s Waymo Raises $2.25 Billion For Driverless Cars
Waymo raised $2.25 billion from a slate of private equity investors, venture capitalists and automotive companies, the first time Alphabet Inc.’s autonomous vehicle unit has taken outside funds. Silver Lake Management LLC, a private equity firm, led the round, which … Source: Claims Journal
Read MoreMass Killings Database: Workplace Shootings Remain Rare
The mass shooting at a brewery in Milwaukee, Wisconsin, was the 13th in the U.S. since 2006. Workplace mass shootings remain a rare event but there are some trends among who carries them out and why. The Associated Press/USA TODAY/Northeastern … Source: Claims Journal
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