So, the tenants have moved out and you’ve turned off the gas and electric utilities. However a fire burns the house down. You turn the claim over to your insurance company for coverage. The insurance company investigates the claim and … The post California Court Finds That Fire Caused by Vagrant on Premises is Not…

A Georgia judge has cut the damages that Fiat Chrysler must pay the family of a child who died in a Jeep SUV fire from $150 million to $40 million. Decatur County Superior Court Judge J. Kevin Chason also denied … The post Georgia Judge Cuts Jeep Fire Death Damages From $150M to $40M appeared…

The National Transportation Safety Board concluded Tuesday that the developer of a commercial spacecraft that broke apart over the Mojave Desert last year failed to protect against the possibility of human error, specifically the co-pilot’s premature unlocking of a braking … The post NTSB Says Virgina Galactic Spaceship Crash Caused by Human Error appeared first…

Of the 23 Fiat Chrysler recalls that U.S. regulators investigated, three were so dangerous that the government invoked its most potent power: requiring the company to buy back the vehicles. Owners of hundreds of thousands of pickups and SUVs will … The post Regulators Force Fiat Chrysler to Buy Back Trucks in Rare Move appeared…

The average age of cars and light trucks on U.S. roads rose slightly to 11.5 years at the start of 2015, as the rate of growth slows because of the recovery of new vehicle sales, consultant IHS Automotive said. “Consumers … The post Average Age of Cars in U.S. Reaches 11.5 Years appeared first on…

Sales of P&C claims systems in North America will continue at a steady pace during the mid-2014 to mid-2016 period, according to Celent, a research and advisory firm. In a new report titled Deal Trends and Projections in the P&C … The post Celent: P&C Core Claims Systems Sales to Remain Steady Through Mid 2016…

In California, they’re counting on it to end an historic drought; in Peru, they’ve already declared a pre-emptive emergency to prepare for devastating flooding. It’s both an economic stimulus and a recession-maker. And it’s likely to increase the price of … The post Strengthening El Nino Offers Benefits appeared first on Claims Journal. Source: Claims…

Six of the nine most accident-prone spots along the Kansas Turnpike are in the Lawrence area, according to a study compiled for the Kansas Turnpike Authority. Two of the other accident hotspots along the 236-mile turnpike were in the I-70 … The post Several Kansas Turnpike Accident Hotspots Located Near Lawrence appeared first on Claims…

In the mid- to late-1950s, Connecticut General Life Insurance Co. shook the foundation of the city’s venerable insurance industry when it built a suburban office complex in Bloomfield – becoming the first insurer to move out of downtown Hartford, Conn. … The post Hartford’s Connection to Insurance Unraveling appeared first on Claims Journal. Source: Claims…

Contractors building homes in Rapid City, S.D., could soon be required to test soil conditions at building sites after homeowners complained of severe damage caused by expansive soils. The Rapid City Council is considering the proposed change to the city’s … The post South Dakota City Council Considers Requiring Soil Tests for New Homes appeared…