Archive for March 2022
Insurers Warn Senate Committee of ‘Staggering’ Increase in Carjacking
The number of carjackings has exploded in major US cities in the past two years, along with a less astonishing increase in car thefts overall, according to the National Insurance Crime Bureau. NICB President and Chief Executive Officer David J. … Source: Claims Journal
Read MoreCountries Seek UN Meeting Over Shipping Dangers After Ukraine Invasion
LONDON/ATHENS —Over 15 countries have called for a special meeting with the UN’s shipping agency to discuss the safety of ships and their crews sailing through the Black Sea and Sea of Azov after Russia’s invasion of Ukraine and growing … Source: Claims Journal
Read MoreAPCIA Joins Group Pushing for Reforms on Litigation Funding
A new advocate group in New York that counts the American Property Casualty Insurance Association (APCIA) as a member is looking to crack down on the practice of litigation funding. The Consumers for Fair Legal Funding (CFLF) said it is … Source: Claims Journal
Read MoreSydney Braces for Flash Floods as Rain Disaster Moves South
SYDNEY (AP) — Sydney was preparing on Wednesday for dangerous flash flooding as population centers farther north began a massive cleanup operation after record floods that have claimed at least 14 lives along Australia’s east coast in recent days. The … Source: Claims Journal
Read MoreJury Awards $36.5M to Former Libby Miner With Lung Disease
BUTTE, Mont. (AP) — A Montana jury has awarded $36.5 million in damages to an Oregon man who suffers from lung disease because of exposure to asbestos while working at a vermiculite mine in Libby, a bellwether case that could … Source: Claims Journal
Read MoreWoman Gets 5-Year Term for Police Car Fires in 2020 Protest
SEATTLE (AP) — A woman who torched five Seattle police cars during a tumultuous protest that heralded a summer of unrest after George Floyd’s murder in 2020 was sentenced Tuesday to five years in prison. Margaret Channon, 26, of Tacoma, … Source: Claims Journal
Read MoreUN: Droughts, Less Water in Europe as Warming Wrecks Crops
LA HERRADURA, Spain (AP) — “Herders and farmers have their feet on the ground, but their eyes on the sky.” The old saying is still popular in Spain’s rural communities who, faced with recurrent droughts, have historically paraded sculptures of … Source: Claims Journal
Read MoreClaims People: IAT, CoreLogic and MedRisk
IAT Appoints Senior VP for Claims IAT Insurance Group has appointed Heidi Bendick as senior vice president of claims operations. “Heidi has a winning mix of technical knowledge, industry experience and people skills,” stated Chief Claims Officer Trent Haas in … Source: Claims Journal
Read MoreClaims Business: CCC, Travelers, Envista Forensics and Fourstone
CCC Acquires Safekeep CCC Intelligent Solutions has acquired Safekeep, a New York City-based tech firm that developed an enterprise platform that uses artificial intelligence to manage the subrogation process for property and casualty claims. The acquisition will expand CCC’s claims … Source: Claims Journal
Read MoreShipping Delays May Spoil Food, Medical Shipments to Russia, Maersk Says
COPENHAGEN —Shipments of foodstuffs and medical supplies to Russia risk being damaged or spoiled due to significant delays at ports and customs, shipping group Maersk MAERSKb.CO told its customers on Wednesday. Maersk and two other large container lines have temporarily … Source: Claims Journal
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