News
Latest claims costs data reveals wide discrepancy on costs associated with cyber losses. More than $75.5 million has been spent on cyber claims losses as reported in the latest Cyber Claims Study published by NetDiligence, a cyber risk assessment and … Source: Claims Journal
Fall is prime breeding season for deer across Georgia. It’s also when drivers are more likely to hit deer that run into the road, according to a new study from the University of Georgia. UGA researchers have completed a county-by-county … Source: Claims Journal
A former Tri-Cities construction worker who said an on-the-job injury made him too disabled to work now faces a felony theft charge. The Washington Attorney General’s Office has charged Richard Robson Trott, 47, with first-degree theft of workers’ compensation benefits. … Source: Claims Journal
Hurricane Joaquin could result in power failure for as many as 14 million people, according to power outage forecasts by researchers at Texas A&M University and University of Michigan. The forecasts take into account several different measures of wind speed, … Source: Claims Journal
In what could be the first step toward changing how insurance claims are handled in the future, Erie Insurance has moved from testing to actually using a drone to assist with a property damage claim. The company was among the … Source: Claims Journal
A leading supplier of fast food and supermarket chicken is facing more than $1.4 million in fines this year for worker safety and health violations, including several that led a teenage worker to suffer the amputation of his lower leg. … Source: Claims Journal
Lloyd’s of London and other insurers called for collective action to address climate change on Thursday, after a report from the UK regulator this week highlighted risks to their industry from global warming. In an open letter to Bank of … Source: Claims Journal
The U.S. Department of Labor’s Mine Safety and Health Administration awarded $1 million through its Brookwood-Sago grants program to seven organizations that provide education and training within the mining industry. The funding will develop and implement training and related materials … Source: Claims Journal
Axis Insurance says the lawsuit brought against racing star Tony Stewart, whose car struck and killed another racer during a New York event in 2014, is not covered by the insurance policies it issued for Stewart. Axis maintains that its … Source: Claims Journal
Zurich, a global property and casualty insurance provider, appointed Paul Horgan, previously head of Group Reinsurance, has been appointed CEO of Zurich’s Global Corporate in North America (GCiNA) business effective immediately. As CEO, Horgan is now accountable for the direction, … Source: Claims Journal