Archive for June 2020

A Superior Court judge has ruled in favor of a New Jersey statute that gives victims of sexual abuse more time to sue. The 2019 law waived the statute of limitations and allowed victims to file civil suits until they … Source: Claims Journal

American International Group Inc.’s Peter Zaffino drew a clear line ahead of his jump to the insurer almost three years ago. “I didn’t want any advice,” Zaffino, AIG’s president, said in a rare sit-down interview. “I needed to see things … Source: Claims Journal

PHILADELPHIA — Mayor Jim Kenney kicked off a recent briefing on Philadelphia’s coronavirus response with an unusual request for residents: Be careful what you flush. Between mid-March, when the city’s stay-at-home order was issued, and the end of April, most … Source: Claims Journal

DURANGO, Colo. — An insurance company representing a Colorado resort filed a lawsuit against the Durango & Silverton Narrow Gauge Railroad for damage costs associated with an extended wildfire. Purgatory Resort’s insurance provider submitted the claim shortly before the end … Source: Claims Journal

BATON ROUGE, La. — After a last-minute scramble to pass the business lobby’s top priority for the regular session, Republican legislators quickly realized they mangled the language of the bill aimed at limiting damage claims against insurance companies in car … Source: Claims Journal

Royal Dutch Shell Plc and Murphy Oil Corp began evacuating non-essential workers from the U.S. Gulf of Mexico on Thursday because of the threat from Tropical Storm Cristobal. Shell said its production and drilling operations in the U.S.-regulated northern Gulf … Source: Claims Journal

HOUSTON — As oil and gas companies began shutting offshore production before the first tropical storm of the season in the U.S. Gulf of Mexico, experts said restarting wells and refineries will take longer and prove more costly this year … Source: Claims Journal

NAPERVILLE, Ill. — At the height of the , in mid-April, used-car dealer Alex Tovstanovsky had vehicles jammed six rows deep on his lot in the western Chicago suburb of Naperville. But the seeming oversupply was not a mistake. Despite … Source: Claims Journal

Social distancing has been a boon for the use of photo estimates after auto collisions. CCC Information Services said that the share of claims processed through its Quick Estimate product increased 125 percent from January to April. “Based on our … Source: Claims Journal

The hills of the Yucatan Peninsula sapped Tropical Storm Cristobal of some of its power on Thursday, but forecasters warn it will likely gain strength as it heads north across the Gulf of Mexico to the U.S coast, where it … Source: Claims Journal