The Hartford, National Indemnity Company Hammer Out Reinsurance Agreement Covering Asbestos and Environmental Liability Reserves The Hartford has entered into a definitive agreement effective Dec. 31, 2016 with National Indemnity Company (NICO), a subsidiary of Berkshire Hathaway Inc., for a $1.5 … Source: Claims Journal

Jim Justice’s businesses have responded to a lawsuit claiming the West Virginia governor-elect’s companies have not paid for $771,268 worth of flood cleanup work after the Greenbrier resort was hit by severe flooding last year. Lawyers representing Justice’s companies have … Source: Claims Journal

The Washington Court of Appeals recently found (Arden v. Forsberg & Umlauf, P.S., 193 Wash.App. 731, 373 P.3d 320 (2016)), on first impression, that insurer retained attorneys (defense attorneys) were not automatically prohibited from representing insureds merely because the defense … Source: Claims Journal

In a post-9/11 world, American airports have taken all sorts of steps to keep travelers safe. But significant vulnerabilities remain. The attack that killed five people Friday at the Fort Lauderdale, Fla., airport raised concerns about how to further protect … Source: Claims Journal

Consumers are excited by the progression toward ‘connected living’ and the many ways connected technologies can improve their lives, according to a new study by Assurant, Inc. However, the study, unveiled today at the 2017 Consumer Electronics Show, also showed … Source: Claims Journal

The founder of Bikram yoga has been ordered to turn over the proceeds from his global fitness business to go toward a $6.8 million judgment his former legal adviser won against him last year in a sexual harassment and wrongful … Source: Claims Journal

A packed rush hour commuter train erratically sped up and slowed down before it crashed at a rail terminal this week while traveling double the speed limit, injuring more than 100 people, federal officials said Thursday. Passengers were hurled to … Source: Claims Journal

Nearly 540 tons of metals – mostly iron and aluminum – contaminated the Animas River over nine hours during a massive wastewater spill from an abandoned Colorado gold mine, the Environmental Protection Agency said Friday in a new report on … Source: Claims Journal

Insurance Commissioner Jim Donelon says the cost of workers’ compensation policies for Louisiana businesses has dropped for a fourth straight year. The state insurance department announced this week that it had approved a 9.8 percent statewide decrease in workers’ compensation … Source: Claims Journal

Customer engagement, improved usability in all claims systems and expanded use of data analytics are just a few of the trends predicted for 2017 as insurers pick up the pace on digitization, according to Ed Charlton, global director for Strategies … Source: Claims Journal