Due to the tremendous publicity and new information regarding the impact of a cyber attack, organizations have placed greater emphasis on developing risk management strategies to proactively address these exposures. The Risk Management Society (RIMS), conducted its first Cyber Survey … The post RIMS Cyber Survey Outlines Top 3 First Party Exposures appeared first on…

Between 1993 and 2012, the incidence rate of acute traumatic spinal cord injury remained relatively stable in the U.S., although there was an increase among older adults, mostly associated with an increase in falls, according to a study in the … The post New Study Reveals Rise in Spinal Cord Injuries in Older Adults appeared…

Last week, Zurich Insurance launched a new pre-emergency response team to assist business owners in dealing with last minute risk assessment and quick fixes two to four days prior to the arrival of an impending hurricane. Bringing in on site … The post Zurich Announces New Last Minute Response Team for Hurricane Prep appeared first…

The number of vehicles on U.S. roads with potentially defective Takata airbags appears to be less than half the 34 million initially estimated by federal regulators, according to a Reuters analysis of recall records submitted to the watchdog and confirmed … The post Confusion Surrounds Number of Cars Affected by Takata Airbag Recall appeared first…

MarketScout named Kirt Thompson as the new claim services manager. Thompson is based in the corporate office in Dallas, Texas. Prior to joining MarketScout, Thompson served as the corporate workers’ compensation manager for one of the world’s largest plastic manufacturers. … The post MarketScout Hires Thompson as Claim Services Manager appeared first on Claims Journal.…

The odds that a weather-changing El Nino will last until the Northern Hemisphere’s next winter are increasing, though it’s too early to say if it will provide drought relief across California, the U.S. Climate Prediction Center said. There is an … The post Odds Rise That El Nino Will Stay Until Winter appeared first on…

George Rawlings grabs a stack of computer printouts and stretches them six feet across his office, admiring data from police reports of Florida auto accidents: the names of those hurt and the severity of their injuries. For Rawlings, this information … The post Lawyer Invented Way for Health Care Insurers to Recover From Accident Victims…

A new hurdle to Amtrak’s automated solution to prevent high-speed train derailments like the fatal accident in Philadelphia emerged at a hearing Wednesday. The system that commands trains to slow down to avert emergencies may not work properly in some … The post Last Month’s Amtrak Train Crash Costs Estimated at $9.2M Amid News of…

Trinity Industries Inc., maker of a highway guardrail safety system tied to at least nine deaths, must pay $663 million for defrauding the U.S. government. The decision by U.S. District Judge Rodney Gilstrap in Marshall, Texas, caps Trinity’s three-year legal … The post Guardrail Fraud Award Grows to $663M to Trinity’s Dismay appeared first on…

Lawyers for homeowners in seven states say they have a simple way to help the 2,700 who have spent years in what lawyers call a toxic environment caused by Chinese drywall. Chris Seeger told U.S. District Judge Eldon Fallon as … The post Federal Judge Will Set Chinese Drywall Damages for 2,700 Homeowners appeared first…