News
Adjusters who encounter hoarders on property claims can expect to have trouble in determining the cause of a covered loss as well as damages, said Jeff Taxier, education and training manager for American Technologies, Inc. Typically, a hoarder equals more … Source: Claims Journal
Three people were arrested Friday in connection with a raging fire that collapsed an elevated portion of Interstate 85 in Atlanta, Ga., and shut down the heavily traveled route through the heart of the city. Deputy Insurance Commissioner Jay Florence … Source: Claims Journal
A painting with problematic pigment. A Chanel suit dressed up with acetate trim instead of silk. A Stradivarius violin that, well, just doesn’t sound right. They’re all part of a new exhibit at Delaware’s Winterthur Museum that offers would-be sleuths … Source: Claims Journal
Three California Residents Charged in Workers’ Comp Insurance Fraud Case A Riverside woman was arraigned Wednesday, March 29, 2017, on 52 felonies related to workers’ compensation insurance fraud that resulted in a loss of more than $540,000 to two insurance … Source: Claims Journal
Inspectors discovered that a California building in a rundown neighborhood lacked fire extinguishers, smoke detectors in every apartment and a working sprinkler system just three days before a blaze erupted and killed three low-income residents. Officials uncovered multiple fire code … Source: Claims Journal
The driver of a pickup truck that collided with a church minibus in rural Texas, killing 13 people, apologized after the crash and acknowledged he had been texting while driving, a witness said Friday. Jody Kuchler told The Associated Press … Source: Claims Journal
The largest U.S. electric company sued 30 international and domestic insurance companies Wednesday, saying they should cover part of the utility’s multibillion-dollar cleanup costs in the Carolinas for toxic byproducts left from decades of burning coal to generate power. Charlotte-based … Source: Claims Journal
FM Global, a global business property insurer, posted an improved combined ratio of 83.2 percent in 2016—compared to 85.3 percent a year earlier—which was a market-leading result for the fourth consecutive year. Total gross premium in force increased to $5.43 … Source: Claims Journal
Federal investigators got their first look Thursday at the scene of a head-on collision involving a small church bus and a pickup truck that killed 13 senior adult church members onboard the bus. The Texas Department of Public Safety reported … Source: Claims Journal
Not only are liability losses increasing but they are getting more expensive, particularly in relation to global product recalls, corporate liability, cyber and environmental incidents, according to a new report by Allianz Global Corporate & Specialty (AGCS). Global Claims Review: … Source: Claims Journal