With the 2016 Legislative Session completed, the Florida legislature has failed to pass a meaningful solution to the assignment of benefits (AOB) crisis that is now rapidly spinning out of control. Organized and carried out by a handful of vendors … Source: Claims Journal

A new study from AAA reveals that pothole damage has cost U.S. drivers $15 billion in vehicle repairs over the last five years, that’s about $3 billion annually. With two-thirds of Americans concerned about potholes on local roadways, AAA cautions … Source: Claims Journal

Even though Southern California hasn’t gotten the drought-busting rainy windfall some might have expected from El Nino, federal scientists hold out hope for the next several weeks. Central and Northern California have gotten more heavy rain, especially in recent weeks. … Source: Claims Journal

Prime Minister Shinzo Abe pledged Thursday to bolster reconstruction efforts in tsunami-hit northern Japan and the wrecked Fukushima nuclear plant ahead of the 2020 Olympic Games. On the eve of the fifth anniversary of the disaster, Abe promised to rush … Source: Claims Journal

Bar owner Scott Coleman once had no problem giving money away. But that was before the flood. The St. Louis Post-Dispatch reports that when a regular walked into his Some Other Place Bar and Grill after disappearing for a few … Source: Claims Journal

State regulators asked oil and natural gas producers in central Oklahoma to decrease their wastewater disposal operations to try to temper the sharp increase in the number and severity of earthquakes in the energy-rich state. The proposal released by the … Source: Claims Journal

A new trend has emerged in which coverage counsel are being sued by third parties for aiding and abetting insurer clients’ bad faith, according to a panel session on the subject hosted by the American Bar Association’s annual Tort Trial … Source: Claims Journal

Tricia Clarke stood on a Lakeway hilltop, winds threatening to snatch the ball cap from her head, and pointed across miles of rolling, scrub-covered limestone countryside, past the distant blue line of Lake Travis, to a spot nearly 55 miles … Source: Claims Journal

More people live close to sea coast than earlier estimated, assess researchers in a new study. These people are the most vulnerable to the rise of the sea level as well as to the increased number of floods and intensified … Source: Claims Journal

American International Group Inc., the insurer stung by losses on higher-than-expected claims costs, said Swiss Re AG has agreed to take on some of the company’s risks tied to casualty policies. The two-year reinsurance deal will help AIG be more … Source: Claims Journal