Archive for May 2021
Viewpoint: Ruling Allows Insurers to Enforce Water Damage Coverage Limitations
Chances are, if you live in Florida, you have seen a billboard or heard an advertisement about water damage or pipe lawsuits. For some time, insureds have filed claims and lawsuits alleging repair costs that frequently exceed $100,000. However, Rumberger … Source: Claims Journal
Read MoreMcKinsey Targeted by School Districts Over Opioid-Related Costs
McKinsey & Co. faces Kentucky and West Virginia school districts’ lawsuits alleging the company’s work for opioid makers fed an epidemic that harmed children and drove up educational costs, in the first such cases by educators against the consulting firm. … Source: Claims Journal
Read MoreTesla Tells Regulator That Full Self-Driving Cars May Not Be Achieved by Year-End
BERKELEY, CALIFORNIA — Tesla Inc told a California regulator that it may not achieve full self-driving technology by the end of this year, a memo by the California Department of Motor Vehicles (DMV) showed. Tesla CEO Elon Musk said during … Source: Claims Journal
Read MorePeloton Recalls Treadmills, Halts Sales, After a Child Dies
NEW YORK (AP) — Peloton is recalling about 125,000 of its treadmills less than a month after denying they were dangerous and saying it would not pull them from the market, even though they were linked to the death of … Source: Claims Journal
Read MoreArrested Youth Detention Center Worker Was Fired, Rehired
CONCORD, N.H. (AP) — A former worker at a New Hampshire youth detention center recently charged with holding down a teenage boy during a rape was fired years before that, over allegations of physical and psychological abuse, according to court … Source: Claims Journal
Read MoreFour People Killed When Plane Crashes Into Mississippi Home
A small plane crashed into a Mississippi home, killing one of the home’s four occupants and three Texas residents who were flying to a university graduation ceremony, authorities said Wednesday. A National Transportation Safety Board investiator was en route to … Source: Claims Journal
Read MoreRecords: Speed Likely Factor in Fatal Arizona Tour Bus Crash
A tour bus on its way to the Grand Canyon was speeding when it flipped on its side, killing one passenger while injuring dozens, according to an investigative report that stops short of drawing conclusions about the cause of the … Source: Claims Journal
Read MoreClaims Process ‘Challenging’ as Insurers Suffer Record Winter Losses, Aon Says
US insurers suffered record-breaking winter storm losses during the first quarter of 2021 while also grappling with several high-profile cyberattacks, according to a report released Thursday by Aon. Maybe claims departments are becoming a little testy. Aon’s quarterly Global Market … Source: Claims Journal
Read MoreViewpoint: Virtual Care May Become New Standard in Workers’ Comp
Claims and care management changed radically during the pandemic. We had to adapt to caring for patients with a previously unknown disease, face the potential of infection in the workplace, deal with a tidal shift to remote work, and handle … Source: Claims Journal
Read MorePharma Company to Pay $12.6M to Settle Kickback Allegations
DOVER, Del. (AP) — A Delaware pharmaceutical company has agreed to pay $12.6 million to resolve allegations that it violated the federal False Claims Act by paying kickbacks. Department of Justice officials said in a news release Tuesday that the … Source: Claims Journal
Read More