News
ACE Limited announced the future claims leadership team it intends to appoint for the company’s North America Insurance division. The appointments will take effect upon completion of the acquisition of Chubb, which is expected in the first quarter of next … Source: Claims Journal
Louisiana Citizens Property Insurance Corp. may soon end the longstanding, and apparently unique, practice of selling policies that include a $10,000 deductible for non-hurricane damage. Chief Financial Officer Steve Cottrell tells The Advocate the percentage of personal lines policies with … Source: Claims Journal
Ohio voters rejected a ballot proposal Tuesday that would have legalized both recreational and medical marijuana in a single stroke – a vote-getting strategy that was being watched as a potential test case for the nation. Failure of the proposed … Source: Claims Journal
A newly booked male inmate steadfastly argued with Craighead County jail administrators that he needed medical attention. He claimed to have perhaps the rarest disease in the world. In a scientific marvel, the man diagnosed himself with ovarian cancer and … Source: Claims Journal
Despite prescription drug monitoring programs enacted in several states, opioids continue to be prescribed twice as much in some states versus other states, according to a new report by the Centers for Disease Control and Prevention. The report’s data is … Source: Claims Journal
J.D. Power announced the appointment of Greg Hoeg as the vice president of U.S. insurance operations. Hoeg is responsible for the company’s U.S. insurance practice, including its syndicated research studies and consulting services. He reports to Keith Webster, senior vice … Source: Claims Journal
Former Massey Energy Co. Chief Executive Officer Donald Blankenship was warned about pervasive safety problems at his company’s mining operations 10 months before a fatal explosion killed 29 men, a retired government mine inspector told a West Virginia jury. Bill … Source: Claims Journal
Nashville, Tennessee-based Alternative Service Concepts, a national third party claims administrator, announced the promotion of Anthony Grande to claims manager. He will be based in ASC’s Orlando, Florida office. As a claim manager, Grande will be responsible for overall coordination … Source: Claims Journal
U.S. auto safety regulators fined Takata Corp. of Japan $70 million for lapses in the way it handled recalls of millions of explosion-prone airbags that are responsible for eight deaths and more than 100 injuries worldwide. Regulators also ordered Takata … Source: Claims Journal
It’s a mistake to make a federal case out of a single outbreak of food poisoning. It’s worth pointing out, however, the utter failure of Congress to do more to prevent foodborne illness, which costs Americans some $15 billion in … Source: Claims Journal