News
Federal disaster relief officials are keeping a closer eye on companies that help it provide flood insurance, following allegations by Hurricane Sandy victims that claims were denied or underpaid based on manipulated engineering reports. A spokesman for the Federal Emergency … Source: Claims Journal
The director of a movie about musician Gregg Allman pleaded guilty in a train crash that killed a camera assistant and injured six film workers, and prosecutors in exchange dropped charges against his wife and business partner. The case is … Source: Claims Journal
Financial companies routinely use mandatory arbitration to block class-action lawsuits, making it difficult for consumers to win big payouts in disputes over credit cards and other products, a U.S. regulator found. When credit card issuers have faced suits seeking class- … Source: Claims Journal
Ignore anyone who tells you snow is free. Every workday lost during New England’s winter has meant millions of dollars taken out of the regional economy. IHS Global Insight, an economic analysis firm, estimates Massachusetts alone suffered roughly $1 billion … Source: Claims Journal
Ohio State University will study how to improve workplace safety under three grants totaling $578,000 that it’s been awarded by the Ohio Bureau of Workers’ Compensation and Board of Regents. Administrator Steve Buehrer says the grants allow the bureau to … Source: Claims Journal
The number of deaths in jetliner disasters spiked last year despite there being fewer accidents in total, an international airline industry group said Monday. The International Air Transport Association said in its annual safety report that 641 people died in … Source: Claims Journal
Last week’s ProPublica/National Public Radio report putting a spotlight on the workers’ compensation system caught the attention of experts who were meeting in Boston to share research on how the system is performing at the same time the series was … Source: Claims Journal
February storms in the U.S. are expected to cost insurers more than $1 billion, according to the latest Global Catastrophe Recap from Aon Benfield’s Impact Forecasting. Five separate storm systems hit the U.S. during the month, bringing heavy snow, frigid … Source: Claims Journal
Dennis Whedbee’s crew was rushing to prepare an oil well for pumping on the Sweet Grass Woman lease site, a speck of dusty plains rich with crude in Mandaree, North Dakota. It was getting late that September afternoon in 2012. … Source: Claims Journal
The Missouri House gave initial approval Wednesday to a bill to reinstate limits on how much juries can award in noneconomic damages in medical malpractice cases against health care providers. Supporters said the limits, approved 101-53, are needed to make … Source: Claims Journal