News
The National Transportation Safety Board is focused on why an Amtrak train that derailed in Philadelphia last year sped to 106 miles per hour entering a sharp curve, according to about 2,000 pages of documents released Monday. While not pinpointing … Source: Claims Journal
While information derived from usage based insurance telematics hasn’t been fully utilized in the claims process, the benefits it can provide – consistency, efficiency and accuracy – offer a way to reduce claims costs according to David Lukens, LexisNexis director. … Source: Claims Journal
Aspen Group Announces Acquisition of AgriLogic Insurance Services, LLC Specialty insurer Aspen Insurance has acquired AgriLogic Insurance Services, LLC and certain affiliates for cash in a transaction that further diversifies Aspens’s specialty insurance business. AgriLogic, headquartered in Kansas, is a … Source: Claims Journal
A U.N. panel recommended Wednesday that cargo shipments of rechargeable lithium batteries be banned from passenger airliners because the batteries can create fires capable of destroying planes, said aviation officials familiar with the decision. The International Civilian Aviation Organization’s air … Source: Claims Journal
An investigation into what’s being called one of the largest cases of workers’ compensation healthcare insurance fraud in California Department of Insurance history led to 13 indictments announced today against seven Southern California-based medical professionals. This is the second wave … Source: Claims Journal
After ocean waters poured into lower Manhattan during Superstorm Sandy, experts began dreaming up a solution: a U-shaped barrier of earthen berms, walls and gates that would keep floods out and the nation’s financial capital dry. Now, more than three … Source: Claims Journal
A bill introduced in the South Dakota House would clarify state law on when part-time employees injured on the job should also receive workers’ compensation benefits for their other part-time positions. The proposed legislation stems from a 2015 state Supreme … Source: Claims Journal
Environmental and civil rights groups are asking a federal judge to order the prompt replacement of all lead pipes in Flint’s water system to ensure residents of the Michigan city have a safe drinking supply. A lawsuit filed Wednesday morning … Source: Claims Journal
Dozens of Texas plants similar to a fertilizer facility that exploded in the town of West in 2013, one of Texas’ worst industrial accidents, are still operating near schools, hospitals and residential neighborhoods, federal regulators say. A report released by … Source: Claims Journal
Boston-based Liberty Mutual Insurance has rolled out portable infrared cameras to its property field adjusters working commercial insurance claims. Water damage is one of the leading causes of commercial property claims, according to the insurer, with an average claim cost … Source: Claims Journal