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Connecticut Motorists Lose $5.1B Annually Due to Crashes, Delays and Operating Costs

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A national transportation research group released a report Tuesday that found Connecticut motorists are losing $5.1 billion annually due to congestion-related delays, higher vehicle operating costs and traffic crashes. The annual report determined 33 percent of major locally and state-maintained … Source: Claims Journal

Study Finds Student Athletes Share Same Injury Risks as NFL Players

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In the movie Concussion, Will Smith plays the doctor who discovered the condition known as chronic traumatic encephalopathy, or CTE, in pro football. The film’s release this month follows years of headlines on the risks NFL players face as they … Source: Claims Journal

Past NFL Player Gifford Suffered From Degenerative Brain Disease

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Former professional football player and TV commentator Frank Gifford, who died in August at age 84, suffered from a degenerative brain disease triggered by the effect of repetitive head trauma. “We as a family made the difficult decision to have … Source: Claims Journal

Washington Workers’ Comp Rates Set to Rise 2% in 2016

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The average base rate Washington businesses pay for workers’ compensation insurance will increase by 2 percent in 2016, according to an announcement by the state Department of Labor & Industries (L&I) this week. Washington businesses and employees pay workers’ compensation … Source: Claims Journal

Where’s my Deductible?

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A Survey of Laws Regarding Reimbursement of an Insured’s Deductible in all 50 States Most automobile insurance policies require their insured to pay a deductible when a claim is made. If the auto carrier is successful in subrogating a particular … Source: Claims Journal

Automakers, U.S. Agency Work on Industry Cyber Safety Measures

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Executives from 15 auto companies met with U.S. Transportation Secretary Anthony Foxx Tuesday to discuss specific industrywide actions that can improve safety and prevent cars from being hacked. The meeting was convened after record numbers of cars have been recalled … Source: Claims Journal

The Institutes Partner With CAS

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The Institutes and the Casualty Actuarial Society have announced a strategic alliance formed between the two organizations at the CAS Annual Meeting on November 16, 2015 in Philadelphia. Both organizations share a similar mission of delivering educational solutions for risk … Source: Claims Journal

WCRI: Louisiana Medical Payments Per Workers’ Comp Claim Remain Stable

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Growth in medical payments per workers’ compensation claim in Louisiana slowed from 2011 to 2013, in part due to decreases in utilization of hospital and non-hospital care, according to a recent study by the Mass.-based Workers Compensation Research Institute (WCRI). … Source: Claims Journal

Safety Main Focus After Chairlift Accidents at Maine Ski Resort

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A Maine ski resort that’s responsible for two of three chairlift mechanical failures that led to injuries in the past five years is working to make sure it doesn’t happen again. Sugarloaf is spending $1.5 million to make improvements after … Source: Claims Journal

Insurers, Law Enforcement Fight Cargo Theft With ‘Sting Trailers’

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Somewhere in America, a tractor-trailer loaded with hidden surveillance equipment is parked at a truck stop or warehouse while authorities wait for thieves to steal it. No one is sure when, or even if, crooks will take it. But such … Source: Claims Journal