News
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
Authorities say a Pennsylvania man called an insurance company from a crash scene to buy auto coverage and later claimed his wreck happened after he got the policy. The Altoona Mirror reports that the insurance fraud charges filed this week … Source: Claims Journal
Some of New York City’s most dangerous streets are about to get safer as part of a $250 million project that will target roadways in the outer boroughs where dozens of pedestrians have been killed or injured in recent years. … Source: Claims Journal
The Nebraska Emergency Agency will change its policy so that communities rebuilding after a disaster can get reimbursed faster. The Omaha World-Herald reports that the new procedure will reimburse communities after each individual project has been completed, rather than waiting … Source: Claims Journal
The global economic losses from natural disasters like earthquakes, floods, droughts and cyclones and have continued rising to reach an average of $250 billion to $300 billion annually, according to a U.N. report released Wednesday. The report, produced by the … Source: Claims Journal
Tennessee may soon have its own answer to an alternative workers’ compensation insurance option through new legislation by Republican lawmakers known as the Tennessee Employee Injury Benefit Alternative. Tennessee State Senator Mark Green and State Representative Jeremy Durham introduced Senate … Source: Claims Journal
Tim Lynch, government affairs director, for the National Insurance Crime Bureau, recently spoke to Claims Journal to discuss anti-fraud legislation in 2015. Although all is quiet on the federal level, there is significant activity among three key states. Minnesota has … Source: Claims Journal