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Oklahoma Workers’ Comp Loss Costs Fall 10.2%

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The annual filing most insurance carriers will use to develop rates for workers’ compensation insurance shows a decrease for the fourth year in a row. The National Council on Compensation Insurance (NCCI) plans to file an overall loss cost decrease … Source: Claims Journal

Wells Fargo: Private Data Loss More Concerning to Businesses Than Hackers

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With network security top of mind, businesses are nearly two times more concerned with losing private data (47 percent ) than hackers disrupting their systems (26 percent), according to the 2016 Network Security and Data Privacy Study, released by San … Source: Claims Journal

Airbag Defect Linked to Death Prompts GM Recall of 4M Vehicles

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General Motors Co. is recalling more than 4 million vehicles, most of them in the U.S., to fix an airbag software defect that has been linked to one death. The vehicles involved in the recall are all from the 2014-2017 … Source: Claims Journal

Insurers, People Rarely Pay When Washington Bills for Negligence-Caused Wildfires

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Washington regularly bills people who are deemed to have negligently started wildfires, but the state isn’t always successful at collecting. The state Department of Natural Resources spent about $45 million fighting 44 of the most recent fires caused by negligence, … Source: Claims Journal

Wastewater Wells Closing After Latest Oklahoma Quake a Fraction of State’s Total

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The 37 wastewater disposal wells to be shut down in north-central Oklahoma, where a 5.6 magnitude earthquake struck this weekend, are just a fraction of the state’s total number. There are about 4,200 total wells across the state and about … Source: Claims Journal

GPS Placed California Arson Suspect at Scene of Wildfire That Destroyed 189 Homes

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A GPS tracker placed a California arson suspect’s vehicle at the scene of a destructive wildfire north of San Francisco last month about a minute before it started, according to an investigation of the suspect in the blaze that destroyed … Source: Claims Journal

Louisiana Flooding to Cost Economy $10 Billion; 80% of Damaged Homes Uninsured

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The total economic losses of the recent Louisiana floods will be in the range of $10-15 billion, according to Impact Forecasting, Aon Benfield’s catastrophe model development team. Public and private insured losses were expected to be in the low-digit single … Source: Claims Journal

Michigan OSHA to Conduct Surprise Inspections of Demolition Sites

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Michigan’s workplace safety agency plans to step up unannounced inspections of demolition sites around the state to ensure workers are properly protected against hazards such as exposure to asbestos. The Detroit Free Press reports the Michigan Occupational Health and Safety … Source: Claims Journal

Scammers Use Florida Regulator’s Name in Bogus Cancellation Email

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The Florida Office of Insurance Regulation (OIR) and the Department of Financial Services (DFS) are warning state insurance consumers of a scam involving the unauthorized use of Insurance Commissioner David Altmaier’s name and position. According to a statement from OIR … Source: Claims Journal

Ford Recalls 1.5 Million Vehicles Due to Side-Door Latches

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Ford Motor Co. said it is expanding a safety recall to include about 1.5 million additional vehicles to replace side-door latches that could unlatch while driving. The automaker said on Thursday it has identified one reported accident and three reported … Source: Claims Journal