Archive for March 2020
Business News: Amerisure, MedRisk and Crawford & Co.
Amerisure Launches Usage-Based Commercial Auto Coverage Amerisure, a proper and casualty carrier based in Farmington Hills, Michigan, has teamed up with Insurance & Mobility Solutions to launch a fleet usage-based insurance program to Michigan motor carriers. Amerisure said it is … Source: Claims Journal
Read MoreHonolulu Building Owners Locked in Tense Renovation Dispute
HONOLULU — The owners of adjacent Honolulu buildings are embroiled in a dispute over renovation work that has involved alleged property damage, personal safety hazards and a requested court injunction. A vacant, 12-story tower nicknamed the “pimple building” is being … Source: Claims Journal
Read MorePublic Adjuster Arrested on Charges of Stealing From Hurricane Victim
ATLANTA — A public was charged with stealing more than $215,000 in insurance money from a Georgia business damaged by Hurricane Michael, authorities said. Steven Eric Chastain is accused of stealing insurance checks from a business in Albany, Georgia, and … Source: Claims Journal
Read MoreVirus Fight Insurers Thought They’d Dodged Is Looming Anyway
For years, property-casualty insurers have sought to protect their business from the ripple effects of a pandemic. The spread of the coronavirus is showing it may not be easy. At issue are business-interruption policies, which tend to pay out only … Source: Claims Journal
Read MoreNorth America’s Best Restaurant Remains Open in AMLO’s Mexico
Finding a table at Mexico City’s exclusive Pujol restaurant has never been easier. Chef Enrique Olvera’s famous restaurant is still open for business amid the coronavirus pandemic, mainly because the Mexican government hasn’t said it should close. Usually booked for … Source: Claims Journal
Read MoreBeazley: Ransomware Attacks Increasingly Paired With Data Breach
Ransomware attacks became both more frequent and more brutal in 2019, according to a new report by speciality insurer Beazley. Beazley said its Breach Response Services unit saw a 131 percent increase in ransomware incidents last year. What’s more, a … Source: Claims Journal
Read MoreViewpoint: Why Insurers Should Care About Protecting Tow Operators From COVID-19
When an accident occurs, the first in-person contact a customer will have with an insurer is probably from a tow operator. But these days, interaction with a tow operator through one’s insurer happens a lot more often now that nearly … Source: Claims Journal
Read MorePublic Pressure Growing for Insurers to Be Part of Coronavirus Solution
While legislators in Washington D.C. and states try to fashion financial relief for businesses interrupted by the public health actions related to coronavirus, outside pressure is mounting on private property/casualty commercial insurers to do more than explain why insurance coverage … Source: Claims Journal
Read MoreNew Mexico Agencies on Edge Amid Rising Ransomware Attacks
ALBUQUERQUE, N.M. — New Mexico school districts, universities, and government agencies have collectively spent millions of dollars to regain control of their computer systems after employees unknowingly opened emails containing an encrypted code that effectively shut them out of their … Source: Claims Journal
Read MoreWestern Iowa Community Finds Flood Recovery a Long Process
HORNICK, Iowa — For a year now, every time Bob Nelson hears a flood watch has been issued, he’s up and out the door, no matter the time of day, checking on creeks and the West Fork of the Little … Source: Claims Journal
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