Cyber attacks and data breach triggers are changing as are the risk management strategies to address them, according to ACE Group. The company released the changes and their impact on forensics costs. “Our claims and underwriting data demonstrates that the … The post ACE Provides Roadmap of Cyber Risk Evolution appeared first on Claims Journal.…

Federal regulators’ long-delayed final cleanup plan for a Montana mining town where thousands have been sickened by asbestos contamination would leave some of the deadly material where it sits, in the walls of houses, underground and elsewhere. The U.S. Environmental … The post EPA Plan Leaves Some Remaining Asbestos in Montana Mining Town appeared first…

Construction workers in confined spaces like manholes and tanks will come under a new federal rule intended to give them similar protections to workers in manufacturing and other industries. The rule is being issued by the Labor Department’s Occupational Safety … The post OSHA Issues New Safety Rule for Workers in Confined Spaces appeared first…

When dealing with photographs taken of other people, prudence requires that we consider the legal rights of the subject and the ethics of publishing the photo without their permission. Since the advent of digital photography, photographs have played a big … The post A Picture is Worth a Thousand Words: But It Could Cost You…

The family of a woman who suffered a brain hemorrhage and died days after an ambulance crew dropped her on her head has been awarded $1.5 million in a wrongful death lawsuit. The Middlesex Superior Court jury ruled Monday in … The post Death of Woman Dropped on Head by Ambulance Crew Settled for $1.5M…

As the Northwest braces for what’s expected to be one of the driest summers on record, the latest poll from Seattle-based PEMCO Insurance warns that at least one in three residents who live in the region’s most at-risk areas for … The post Wildfires Threaten Unprepared Residents’ Homes appeared first on Claims Journal. Source: Claims…

The New Hampshire Supreme Court recently held that a persistent odor could constitute a “physical loss” under a homeowner’s insurance policy as long as the smell distinctly and demonstrably changed the condition of the property. The decision represents an important … The post Smell May Constitute Physical Loss Under Policy appeared first on Claims Journal.…

Nearly two-thirds of insurers expect wearable technologies to have a significant impact on their industry, according to a survey of more than 200 insurance executives as part of Accenture’s annual Technology Vision report. The insurance industry report, “Accenture Technology Vision … The post Wearables to be Broadly Adopted by Insurers Within Next 2 Years appeared…

Allstate Corp., the largest U.S. publicly traded seller of auto and home insurance, said first-quarter profit rose 13 percent as margins improved at the property/liability business and catastrophe losses fell. Net income climbed to $677 million, or $1.53 a share, … The post Allstate Reports 13% Increase in Profits Due to Better Margins, Claims Costs…

A multimillion lobbying push by FedEx Corp. and other freight carriers may be about to open U.S. highways to a new generation of bigger truck trailers even as watchdogs warn the price will be roadway carnage. A $55.3 billion transportation … The post Watchdogs Say Trucking-Friendly Plan Not Concerned With Safety appeared first on Claims…