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I.I.I. Celebrates International Pi Day With Insurance Facts

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Known as the “Math Geek Mardi Gras”, Pi Day is a growing international event that underscores the wonder of numbers, by celebrating everyone’s favorite irrational number: Pi. And it is a time to recognize that the insurance world is a … Source: Claims Journal

GM Settles Faulty Ignition Switch Death Suit That Spurred Millions of Recalls

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General Motors Co. settled a lawsuit over the death of a 29-year-old woman that helped trigger the recall of 2.59 million cars with faulty ignition switches, lawyers for her family said. Brooke Melton, 29, died in a March 2010 crash … Source: Claims Journal

Oilfield Safety a Concern as Companies Cut Costs During Downturn

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A deadly oil well explosion in Texas’s Permian Basin this week offers a cautionary note of the industry’s challenges as companies cut costs during a market downturn. Even as deaths in the industry have climbed much less than the breakneck … Source: Claims Journal

Sandy Victims Would Get Estimates on Rebuilding Aid Under New Jersey Bill

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New Jersey residents still recovering from Superstorm Sandy would get individual estimates of when they can expect to receive rebuilding aid under legislation proposed by the state Senate president. Steve Sweeney says his bill is designed to increase transparency and … Source: Claims Journal

Honda Spends Millions on Recall Ads Linked to Takata Airbag Deaths

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Honda Motor Co., the carmaker at the center of an airbag safety crisis, is spending millions of dollars on its first U.S. advertising campaign linked to a recall. The company will urge owners to immediately replace potentially lethal airbags made … Source: Claims Journal

Friday the 13th Superstition May Ring True for Some Drivers: Aviva

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The age old superstition about falling prey to bad luck on Friday the 13th does in fact ring true for some motorists according to data from Aviva, the UK’s largest insurer, released last summer. Analysis of 10 years of Aviva … Source: Claims Journal

Houston Ship Channel Chemical Spill Cleanup Will Take Several Days

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Efforts to clean up one of the nation’s busiest seaports after a collision between two vessels on the Houston Ship Channel spilled a flammable chemical were expected to take at least several days, U.S. Coast Guard officials said Tuesday. About … Source: Claims Journal

Washington Senate Passes Bill to Lower Work Injury Settlement Age

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The Washington state Senate has passed a bill to lower the age at which an injured worker can settle a claim from 53 to 40. The chamber passed Senate Bill 5513 on a 28-21 vote Tuesday after debate on whether … Source: Claims Journal

Mega-Quake in California Likely in Next 30 Years

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Scientists are virtually certain that California will be rocked by a strong earthquake in the next 30 years. Now they say the risk of a mega-quake is more likely than previously thought. The chance of a magnitude-8 quake striking the … Source: Claims Journal

New York AG Named Prosecutor of the Year by Fraud Association

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Cited for an aggressive campaign to counter auto and healthcare insurance fraud scams, the Office of Attorney General in New York was honored with the “Prosecutor of the Year” award by the New York Alliance Against Insurance Fraud, a state … Source: Claims Journal