News
American Modern Insurance Group, a specialty residential properties and recreational products insurer, announced a new brand identity as part of a transformation to best serve its agent partners with competitive, complementary insurance solutions for their customers. The rebranding coincides with … Source: Claims Journal
A hurricane stronger than Katrina in 2005 and Andrew in 1992 is poised to hit Mexico’s biggest ports and holiday resorts within hours. Hurricane Patricia, the strongest ever recorded in the Eastern Pacific or Atlantic Basin, is forecast to go … Source: Claims Journal
ACE Limited shareholders voted yesterday at a special meeting to approve all proposals related to the company’s previously announced agreement to acquire The Chubb Corporation. Votes in favor of each agenda item exceeded 98 percent of the total represented and … Source: Claims Journal
A lawyer for the family of a woman who died after a heart operation argued Wednesday to the Missouri Supreme Court that state law limiting how much they can receive in damages is unconstitutional. The case could strike another blow … Source: Claims Journal
Now there’s an answer to a sad, strange and common question in China: How can someone be a good Samaritan to an elderly person in need without getting scammed? China’s e-commerce giant Alibaba has partnered with an insurance company to … Source: Claims Journal
With each upward degree, global warming will singe the economies of three-quarters of the world’s nations and widen the north-south gap between rich and poor countries, according to a new economic and science study. Compared to what it would be … Source: Claims Journal
If you think it is okay to talk to your car infotainment system or smartphone while driving or even when stopped at a red light, think again. It takes up to 27 seconds to regain full attention after issuing voice … Source: Claims Journal
A decline in accident frequency due to safer vehicles and the adoption of autonomous vehicles could shrink the U.S. personal auto insurance sector by 60 percent within 25 years, according to KPMG, the U.S. audit, tax, and advisory services firm. … Source: Claims Journal
In the future, the Pacific Ocean’s temperature cycles could disrupt more than just December fishing. A study published in Nature Communications suggests that the weather patterns known as El Nino and La Nina could lead to at least a doubling … Source: Claims Journal
A new California Workers’ Compensation Institute (CWCI) study quantifies the growing use and cost of drug tests performed on California injured workers in conjunction with the expanded use opioid painkillers, reveals shifts in the types of tests performed after Medicare … Source: Claims Journal