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NICB: Flood-Damaged Vehicles in Louisiana Could Flood Market

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The August downpours that dumped more than 30 inches of rain in two days on parts of Louisiana have left as many as 100,000 cars and trucks damaged – and that’s only counting insured vehicles. The National Insurance Crime Bureau … Source: Claims Journal

Commentary: Is Florida Ready for Claims Resulting From a Major Hurricane?

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After tumultuous eight hurricanes in two years between 2004 and 2005, we haven’t seen a hurricane in Florida for over 10 years. Has the state learned from those storms? Are the insurance companies ready? What about the independent adjusting companies, … Source: Claims Journal

Esurance Stages Car Crash in Chicago to Emphasize Don’t Catch and Drive

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Esurance, an Allstate company, caused a bit of a scene. The home and auto insurer staged a fender bender to encourage safe driving, an important message to address the recent series of car accidents caused by people playing mobile games … Source: Claims Journal

Montana Legislative Committee Endorses Air Ambulance Bill

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A Montana legislative committee is trying to find a way to prevent air ambulance patients from being stuck with huge bills without violating a federal law that exempts air carriers from state regulation. Members of the Economic Affairs Interim Committee … Source: Claims Journal

Business Moves: Genex, EFI Global, Vale Training, Property Drone Consortium

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Genex Services Acquires IME Provider OMAC Genex Services, a medical cost containment and disability management service provider,  announced the acquisition of Objective Medical Assessments Corp. (OMAC), a provider of independent medical examinations (IME) and peer review services for the workers’ … Source: Claims Journal

Truck Carrying Takata Inflators Explodes in Texas

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Airbag maker Takata Corp.’s troubles worsened Monday as the company confirmed that a truck carrying its inflators and a volatile chemical exploded last week in a Texas border town, killing a woman and injuring four others. The truck, operated by … Source: Claims Journal

Court Rules Ohio Good Samaritan Immunity Law Covers Non-Medical Help

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A divided Ohio Supreme Court says the state’s good Samaritan law applies to individuals trying to provide non-medical help in emergencies. The court ruled 4-3 Tuesday in favor of a man sued after his unsuccessful efforts to free another man … Source: Claims Journal

Effort to Emphasize Campus Housing Fire Safety Continues

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As college campuses across the country welcome students back to school, federal and state officials vow to improve fire safety. The statistics are troubling. The University of Colorado, Boulder reported that in 2014 there were 242 campus housing fires resulting … Source: Claims Journal

Fitch: Homeowners’ Insurance Profits Surge While Personal Auto Stalls

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The personal auto insurance industry experienced significant performance deterioration in 2015, and is not showing clear signs of recovery thus far in 2016, according to a new Personal Lines Market Update report from Fitch Ratings. In contrast, homeowners insurance experienced … Source: Claims Journal

FAA Expects 600,000 Commercial Drones Operating in U.S. Within the Year

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There will be 600,000 commercial drone aircraft operating in the U.S. within the year as the result of new safety rules that opened the skies to them on Monday, according to a Federal Aviation Administration estimate. The rules governing the … Source: Claims Journal