News
Poor road conditions have cost consumers and the insurance industry at least $27 billion over a five year period, according to a 2014 survey commissioned by Trusted Choice and the Independent Insurance Agents & Brokers of America. The survey also … Source: Claims Journal
As everyone who lives in the San Francisco Bay Area knows, the Earth moves under our feet. But what about the stresses that cause earthquakes? How much is known about them? Until now, our understanding of these stresses has been … Source: Claims Journal
According to a recent report released by Penn.-based Insurance Research Council (IRC), a nonprofit research organization funded by property/casualty insurers, auto injury fraud and buildup adds an estimated $5.6 and $7.7 billion in excess claims payments in 2012. The comprehensive … Source: Claims Journal
Division of Motor Vehicles Commissioner Pat Reed says an 18 percent decline in highway fatalities could be due to recent safety laws and public awareness campaigns. Reed said Tuesday that highway fatalities dropped from 332 in 2013 to 271 in … Source: Claims Journal
Florida Gov. Rick Scott is denying allegations that his administration banned use of the terms “climate change” and “global warming” in officials reports and speeches. The governor made the denials in response to a report by the Florida Center for … Source: Claims Journal
There’s a settlement in a federal wrongful death lawsuit by families of two young people who died in 2010 after falling into a tank at a Barry County dairy farm, according to legal documents. The Grand Rapids Press reported that … Source: Claims Journal
Mississippi is one step closer to becoming the 45th state to ban texting while driving, after the state Senate overwhelming passed such a bill earlier this week. Governor Phil Bryant is expected to sign the measure into law if it’s … Source: Claims Journal
State lawmakers in Connecticut are considering legislation that would presume firefighters who have cancer most likely got it from their jobs, easing claims for insurance or workers’ compensation. The science supports firefighters’ argument, Waterbury Deputy Chief Richard Hart, political affairs … Source: Claims Journal
Prescription drugs spending jumped 13 percent last year, the biggest annual increase since 2003, according to the nation’s largest pharmacy benefits manager. Express Scripts Holding Co. said that the jump was fueled in part by pricey specialty drugs that accounted … Source: Claims Journal
General Motors Co. investors urged a judge to let their lawsuit proceed against the automaker’s board that they say was asleep at the switch while the company produced cars with faulty ignition systems that led to fatal accidents. More than … Source: Claims Journal