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Arizona Law Clarifies Medical Marijuana Insurance Requirements

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Workers’ compensation carriers and self-insurers will not be required to pay for a patient’s medical marijuana under a new bill Gov. Doug Ducey signed into law Monday. The state’s more than 63,000 holders of medical marijuana cards will still be … The post Arizona Law Clarifies Medical Marijuana Insurance Requirements appeared first on Claims Journal.…

How Wearable Devices Are Disrupting the Insurance Industry

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Nearly 50 years after Captain Kirk began using his wrist communicator on the television show, Star Trek, wearable technology is taking hold. From Fitbit and Nike Fuelbands to Google Glass and Golden-I, the technology is influencing how people live and … The post How Wearable Devices Are Disrupting the Insurance Industry appeared first on Claims…

Windstorms Mike, Niklas Causing Damage in Europe Cost Insurers $1B

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Windstorms Mike and Niklas, which swept across Europe last month, killing nine people and severely damaging parts of Germany, probably cost insurers more than $1 billion, Aon Plc said. The hurricane-force winds also struck portions of the U.K., Netherlands, Switzerland, … The post Windstorms Mike, Niklas Causing Damage in Europe Cost Insurers $1B appeared first…

Feds Support Insurers Seeking Protection From Cyber Attacks

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The federal government has the backs of insurers and their clients as they seek to protect themselves from, and adapt to, the fast-evolving threat of cyber attacks, Federal Insurance Office Director Michael McRaith assured an industry crowd on March 17. … The post Feds Support Insurers Seeking Protection From Cyber Attacks appeared first on Claims…

Former Massey CEO Feared 100 Deaths a Year Before Blast

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Former Massey Energy Co. Chief Executive Officer Donald Blankenship, facing criminal trial over an April 2010 explosion that killed 29 miners, said the year before that he feared a disaster with 100 deaths. “I don’t want to go to 100 … The post Former Massey CEO Feared 100 Deaths a Year Before Blast appeared first…

Forecaster Increases El Nino Chances to 70% for Northern Hemisphere

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A U.S. government weather forecaster on Thursday raised its forecast for the chance of El Nino conditions during the Northern Hemisphere summer to 70 percent, up from a 60 percent chance last month, with a 60 percent chance it lasts … The post Forecaster Increases El Nino Chances to 70% for Northern Hemisphere appeared first…

Federal Regulator Warns of Rust on Brakes in Cold Weather States

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U.S. safety regulators on Thursday warned millions of owners of older model vehicles in “Rust Belt” states to get their brake systems checked for corrosion, a warning that stems from a long-running investigation of complaints about General Motors Co trucks … The post Federal Regulator Warns of Rust on Brakes in Cold Weather States appeared…

New Law Requires Massachusetts Drivers Use Headlights During Bad Weather

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If you turn on your windshield wipers, turn on your headlights as well. That’s one of the requirements of a little-known state law that took effect in Massachusetts on Tuesday. Under the law aimed at making travel safer during inclement … The post New Law Requires Massachusetts Drivers Use Headlights During Bad Weather appeared first…

USAA, AIG Join State Farm in Receiving FAA Drone Approval

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USAA and AIG are the latest insurers to gain Federal Aviation Administration approval to test drones. USAA wants to research how the unmanned aerial vehicles could speed review of insurance claims following natural disasters. State Farm previously announced it had … The post USAA, AIG Join State Farm in Receiving FAA Drone Approval appeared first…

Survey Finds Leadership Tops Factors Ensuring Ethical Behavior

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Insurance professionals believe that having organization leadership demonstrate support for ethics is the most effective way to improve ethical behavior in their industry, according to a new survey by The Institutes and CPCU Society. The organizations polled members of The … The post Survey Finds Leadership Tops Factors Ensuring Ethical Behavior appeared first on Claims…