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Liquidated Judgment Not Necessary for Equitable Subrogation

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California’s Ninth Circuit Court of Appeals finds that the absence of a litigated judgment did not preclude an equitable subrogation claim from being brought by an excess insurer for bad faith failure to settle when the excess insurer actually contributed … Source: Claims Journal

Data Vulnerability Highlighted by Latest Yahoo Mega Breach

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The revelation of Yahoo’s latest hack underscores what many Americans have known for years: All those emails, photos and other personal files stored online can easily be stolen, and there’s little anyone can do about it. The only saving grace … Source: Claims Journal

People News: MEMIC, BSA, QBE

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MEMIC’s Leonard Announces Retirement in September 2017 John T. Leonard, the first and only president and CEO in the history of The MEMIC Group, announced his intent to retire, effective September of 2017. Leonard was recruited to help start the … Source: Claims Journal

Black Ice: A Dangerous Winter Hazard

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Icy roadways contribute to nearly 152,000 motor vehicle crashes per year, according to a 10 year analysis of weather-related accidents between 2005 to 2014 conducted by Booz Allen Hamilton and based on National Highway Traffic Safety Administration data. In a … Source: Claims Journal

Ohio High Court Upholds Damages Cap for Woman Raped by Pastor as Teen

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The Ohio Supreme Court on Wednesday rejected a request from a woman raped by a pastor when she was 15 to boost the amount of damages paid by the church where the minister worked. Attorneys for the woman and her … Source: Claims Journal

NASA Launches 8 Mini-Satellites to Better Forecast Hurricanes

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NASA launched eight mini-satellites Thursday morning to measure surface wind deep in the heart of hurricanes. The plane carrying the satellites took off shortly after sunrise Thursday from Cape Canaveral Air Force Station. An hour later, the co-pilot pushed the … Source: Claims Journal

OSHA Cites Alabama Plant for Hazards After Robotic Machine Kills Woman

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Federal authorities have announced nearly two dozen safety violations issued to an auto parts manufacturer after a bride-to-be who worked at its Alabama plant was crushed to death by a robotic machine. The U.S. Occupational Safety and Health Administration on … Source: Claims Journal

Record Texas Hailstorms Losses in 2016

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In 2016, Texas suffered through another costly year of weather-related losses for homeowners and autos. Looking only at loss information through the end of September, it has been a year of record losses for hailstorms. The months of March and … Source: Claims Journal

Winter Storm Slams Portions of U.S., Causing Accidents, Deaths

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A winter storm of snow, freezing rain and bone-chilling temperatures socked the nation’s mid-section and East Coast on Saturday, causing hundreds of accidents on icy roads and putting a crimp on Christmas shopping. At least six deaths were blamed on … Source: Claims Journal

California, Uber Still Working to Negotiate Self-Driving Car Rules

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Negotiations over whether Uber must stop its newly launched self-driving car service in San Francisco have concluded without a clear resolution, according to California transportation regulators. The state has threatened legal action if the ride-hailing company continues to pick up … Source: Claims Journal