News
An expanded suite of cyber loss mitigation services is now available to help Chubb’s U.S. and Canadian policyholders reduce the impact and likelihood of a cyber incident. Chubb’s expanded suite of cyber services for loss mitigation includes: Password Defense—Available to … Source: Claims Journal
The Texas Department of Insurance’s Division of Workers’ Compensation (DWC) re-certified 10 employers to self-insure workers’ compensation claims. In total, the companies employ about 15,000 people in Texas. DWC renewed: Associated Wholesale Grocers, Inc. E.I. du Pont de Nemours and … Source: Claims Journal
A recent Texas Court of Appeals decision parsing the wording of a workers’ compensation policy’s waiver of subrogation endorsement reminds us that, like an onion, a waiver endorsement has many layers and should be peeled back fully before giving up … Source: Claims Journal
Active Atlantic hurricane periods, like the one we are in now, are not necessarily a harbinger of more, rapidly intensifying hurricanes along the U.S. coast, according to new research performed at the University of Wisconsin-Madison. In fact, the research — … Source: Claims Journal
Allstate Corp. said that the mobile device insurer that it acquired for $1.4 billion had posted five years of losses before the deal. SquareTrade Holding Co.’s annual loss narrowed to $26.5 million in 2015 from $37.4 million in 2014, Northbrook, … Source: Claims Journal
BMW AG will dispatch a fleet of autonomous vehicles to U.S. and European cities in this year’s second half, the next step in its partnership with Mobileye NV and Intel Corp. to introduce fully self-driving vehicles by 2021. The German … Source: Claims Journal
A luxury high rise condominium located in Las Vegas, Nevada, was found to have been barred from recovery of its $5 million window damage claim, according to a ruling by the Ninth Circuit of the U.S. Court of Appeals. The … Source: Claims Journal
A number of devastating earthquakes and powerful storms made 2016 the costliest twelve months for natural catastrophe losses in the last four years, according to Munich Re. Losses totaled $175 billion, more than two thirds above the previous year and … Source: Claims Journal
Utah’s animal protection advocates are pushing for a new law that would require dog owners to provide adequate shelter for their pets during extreme weather or face animal-cruelty charges. Current law already requires shelter, but fails to define what that … Source: Claims Journal
SpaceX plans to resume flights as early as next week after finding the cause of an explosion that destroyed a rocket and satellite on a Florida launch pad in September. The Hawthorne, California-based company is aiming for a Sunday, Jan. … Source: Claims Journal