News
The U.S. Geological Survey is expected to release a new hazard map for earthquakes in Oklahoma. The Oklahoman reports that data collection has continued with the help of the Oklahoma Geological Survey after the state recorded more earthquakes of a … Source: Claims Journal
The same weather pattern that made the West warm and dry and the Northeast cold and snowy has contributed to keeping the rest of the U.S. relatively free of tornadoes so far this year. In the first two months of … Source: Claims Journal
Scottsdale, Ariz.-based Nautilus Insurance Group, an E&S and specialty lines carrier and a member company of W. R. Berkley Corp., has announced two changes to the management team of the organization. Michael J. Kilgas, who has served as senior vice … Source: Claims Journal
Fireman’s Fund Insurance Co. has agreed to pay $44 million to settle allegations under the False Claims Act that it knowingly issued insurance policies that were ineligible under the U.S. Department of Agriculture’s (USDA) federal crop insurance program and falsified … Source: Claims Journal
A key Senate policy committee is backing a workers’ compensation reform bill that it says will reduce costs by 7.5 percent without imposing a price-fixing mechanism backed by business groups. “This agreement will bring real savings to New Hampshire businesses, … Source: Claims Journal
Gov. Dannel P. Malloy is nominating a former Cigna Corp. executive as Connecticut’s newest insurance commissioner. The Democrat announced Friday that Katharine Wade of Simsbury will replace Thomas Leonardi, who resigned in December to work with a New York investment … Source: Claims Journal
The exclusive remedy provisions in North Carolina’s workers’ compensation law were recently challenged by an injured worker who sought to bring a bad faith claim against the insurer. The worker, Jeff Bowden, was injured while on the job. While his … Source: Claims Journal
A U.S. highway agency’s favorable analysis of Trinity Industries Inc.’s guardrail system was criticized by a nonprofit safety group, which said crash-test data show that motorists remain at risk. The Federal Highway Administration announced March 13 that Trinity’s ET-Plus shock-absorbing … Source: Claims Journal
Putting technology that prevents drunk drivers from starting a vehicle into every car and truck in the U.S. could save 59,000 lives and $343 million over 15 years, according to a University of Michigan study. In addition, researchers concluded the … Source: Claims Journal
The depiction of workers’ compensation fraud in television shows has impacted the public’s perception of the crime, said two experts during a session on the subject at the Combined Claims Conference held recently in Orange County, California. While workers’ comp … Source: Claims Journal