News
A former peanut company executive serving a 28-year prison sentence won’t have to pay money to victims of a deadly salmonella outbreak linked to his Georgia plant, a federal judge ruled. Former Peanut Corporation of America owner Stewart Parnell and … Source: Claims Journal
A drone combined with analytics offers insurers a way to not only inspect and investigate claims but also process them. US DataWing Aerial Analytics incorporates data and images captured by a drone using a proprietary algorithm – a set of … Source: Claims Journal
It started with a puff of smoke, seeping slowly into the clear and sunny St. Thomas air on a mid-March afternoon. ”I went into a meeting, and when I came out, it was very on fire,” recalled Ryan Nichols, who witnessed Positive … Source: Claims Journal
In response to rising chronic pain claims, Travelers announced the development of a new patent-pending predictive model designed to identify claims and workers most at risk. The company, which developed the Early Severity Predictor (ESP) program, manages more than 250,000 … Source: Claims Journal
New federal maps say New Orleans is much less vulnerable to flooding than it was before Hurricane Katrina struck more than 10 years ago. As a result, Mayor Mitch Landrieu says, half of the city’s properties will see a big … Source: Claims Journal
The amount of opioids prescribed to injured Ohio workers has fallen significantly since the state’s insurance fund for injured workers created a pharmacy management program amid concerns about painkiller usage. Fewer than 4,800 workers have been deemed opiate-dependent after exceeding … Source: Claims Journal
Weather incidents were the most common cause of damages, resulting in more than half of all claims according to newly released data by The Travelers Companies, Inc., identifying the most common and costliest homeowners claims. Based on a review of … Source: Claims Journal
A 10th person has died in a crash in the U.S. involving a ruptured Takata Corp. airbag inflator, according to the U.S. National Highway Traffic Safety Administration. A 17-year-old woman died from injuries sustained in a March 31 crash in … Source: Claims Journal
After two straight victories in test trials over a deadly ignition switch defect in millions of vehicles, General Motors Co. settled a case that was set set to go before a jury next month, avoiding potentially emotional testimony about the death … Source: Claims Journal
Oregon is considering another year of insurance coverage to help pay for catastrophic wildfire seasons. British insurance giant Lloyd’s of London is offering the state another year of coverage despite three consecutive years of expensive, drought-fueled wildfires. The policy could … Source: Claims Journal