The U.S. Supreme Court will consider giving businesses a new tool to thwart class action lawsuits, agreeing to decide whether a defendant can end a case by offering full payment to the lead plaintiff. The case helps shape the next … The post Supreme Courts Consider Class Actions as Companies Seek Shield appeared first on…

Risk Point, LLC, a provider of insurance for auto dealer inventory, has introduced a new estimating model for hail damage repair as a way to control ever increasing premiums and deductibles, and to eliminate what has long been a problem … The post Risk Point Announces Hail Estimating Model to Curb $250M Overpayment appeared first…

Etsy Inc. is facing fraud claims from investors after allegations that millions of items sold through its online crafts and specialty wares marketplace likely violate trademarks. Investors filed a proposed class action against the Brooklyn, New York-based company and its … The post Etsy Investors Sue for Fraud Over Likely Trademark Violations appeared first on…

U.S. vehicle safety regulators have launched a preliminary evaluation of about 130,000 Nissan Versa cars after receiving complaints about fractures in the front suspension coil spring. No fatalities have been reported from the defect so far, the National Highway Traffic … The post NHTSA Reviews Nissan Coil Spring Fracture Complaints appeared first on Claims Journal.…

How long does it really take for your car to come to a complete stop? While the technical answer lies in the laws of physics – to do it safely, that’s a whole other ball game. Progressive Insurance analyzed more … The post Hard Braking Most Likely Predictor of Future Crashes: Progressive appeared first on…

Climate change may be the driving force behind fewer, yet more powerful hurricanes and tropical storms, says a Florida State geography professor. In a paper published today by Nature Climate Change, Professor Jim Elsner and his former graduate student Namyoung … The post Climate Change Affecting Frequency, Intensity of Hurricanes appeared first on Claims Journal.…

Dog bites and other dog-related injuries accounted for more than one-third of all homeowners insurance liability claim dollars paid out in 2014, costing in excess of $530 million, according to the Insurance Information Institute (I.I.I.) and State Farm. An analysis … The post Dog Bite Claims Costs Soar, Account for 1/3 of All Homeowner Liability…

Though drone usage is mainly used in disaster response currently, a new report highlights the benefits of using drones in all four stages of the disaster life cycle: prevention, preparation, response and recovery. Zurich North America, a co-sponsor of the … The post In-Depth Study Reveals How Drones Can Help in All Phases of a…

Gov. Mary Fallin has named Bob Gilliland of Oklahoma City as chairman of the Oklahoma Workers’ Compensation Commission. Gilliland was appointed in 2013 as one of the three initial members on the commission. He takes over as chairman on June … The post Gilliland Named Chairman of Oklahoma Workers’ Comp Commission appeared first on Claims…

An attorney for the Anderson Speedway has asked a judge to grant summary judgment in a lawsuit accusing the central Indiana track’s owners of negligence in a driver’s 2011 crash death. Attorney Leslie Pollie made the request Thursday during a … The post Indiana Race Track Attorney Argues Against Driver’s Death Suit appeared first on…