News
Bangladesh said it has met the conditions put forward by the United States for better safety and workers’ rights in its factories that were essential to regain preferential trade status the impoverished South Asian nation lost in 2013 after two … Source: Claims Journal
A U.S. judge on Tuesday ruled that Warner/Chappell Music does not own a valid copyright to one of the world’s most recognizable songs, “Happy Birthday to You,” a decision that brings the song into the public domain. The highly-anticipated ruling … Source: Claims Journal
To better meet the property risk engineering needs of commercial insurance policyholders, Boston-based Liberty Mutual has appointed Robert Morelli, National Accounts Engineering Practice Leader. In this role, Morelli is responsible for the development and delivery of engineering products and services … Source: Claims Journal
As boat owners begin the annual task of winterizing and dry docking their boats for the season, the National Insurance Crime Bureau (NICB) reports that watercraft theft continues to drop. NICB’s annual report looks at watercraft theft and recoveries in … Source: Claims Journal
Two top Republican lawmakers are considering an independent investigation into how the state bought $71 million in asphalt that is possibly defective and may be causing newly paved roads to crumble. Valparaiso Rep. Ed Soliday told The Indianapolis Star that … Source: Claims Journal
The scope of devastation from one of California’s most destructive wildfires is becoming clearer and so too is the size of the humanitarian need in one of the state’s poorer counties. Gov. Jerry Brown requested a presidential disaster declaration on … Source: Claims Journal
With an ever increasing number of everyday objects from our homes, workplaces and even from our wardrobes, getting connected to the Internet, known as the ‘Internet of Things’ (IoT), researchers from the University of Southampton have identified easy-to-use techniques to … Source: Claims Journal
A new U.S. Forest Service report shows the continued expansion of housing development near forests, an area referred to as the Wildland-Urban Interface (WUI), with direct implications for the cost of wildfire fighting. Increasing densities of people and infrastructure in … Source: Claims Journal
Cyber, technology and casualty catastrophe and reserving are three key risks affecting property/casualty insurers that continue to emerge, according to Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies. In a new report published this month, … Source: Claims Journal
New York doctors, some of whom already pay 10 times more for malpractice insurance than physicians in San Francisco, may see their rates soar thanks to a state audit beginning this month. Physicians’ Reciprocal Insurers, whose shaky finances are central … Source: Claims Journal