Claims Journal
Loss runs are insurance carrier reports that show how many claims have been filed under business insurance policies. Insurance carrier underwriters and brokers require loss runs for every business they insure, and use the prior claims history to help...
Posted: Aug 31, 2020
Lloyd’s Appoints U.S. Claims Head Lloyd’s of London has appointed Carey Bond as U.S. head of claims, a newly created role. Bond will collaborate with London brokers and underwriters on the design and delivery of claim solutions for policyholders in …
Posted: Aug 31, 2020
Uber Technologies Inc. vowed to make public more safety information regarding its self-driving cars after the National Transportation Safety Board placed partial blame for a fatal 2018 crash on the company’s policies. The company made the pledge in a...
Posted: Aug 28, 2020
Bayer AG’s comprehensive settlement of U.S. lawsuits over its Roundup weed killer is in jeopardy after lawyers for some consumers accused the company of reneging on the $11 billion deal and the judge overseeing the litigation questioned its truthfuln...
Posted: Aug 28, 2020
NEW YORK — Oil prices inched lower on Friday as Hurricane Laura passed the heart of the U.S. oil industry in Louisiana and Texas without causing any widespread damage and companies were beginning to restart operations. Brent crude futures for …
Posted: Aug 28, 2020
ALBANY, N.Y. — The owner of the stretched limousine that crashed and killed 20 people in upstate New York repeatedly changed the listed number of seats in the vehicle and took other steps to avoid safety regulations, according to documents …
Posted: Aug 28, 2020
DETROIT — The U.S. government’s road safety agency is offering a smartphone app that will alert drivers if their vehicles are recalled. The National Highway Traffic Safety Administration was scheduled to roll out the free app for both Android and …
Posted: Aug 28, 2020
CLEVELAND — FirstEnergy Corp. was once blamed for its part in triggering North America’s largest blackout nearly 20 years ago. Now, the multistate power company is again facing intense scrutiny — this time for its role in an alleged $60 …
Posted: Aug 28, 2020
Gradient AI Teams Up With Origami and Sapiens Gradient AI has formed partnerships with Origami Risk and Sapiens to make Gradient’s claims and policy modeling and predictive modeling available on the Origami’s risk management and Sapiens’ workers’ com...
Posted: Aug 28, 2020
The U.S. Labor Department is reminding employers that they must make a reasonable effort to keep track of all hours worked by non-exempt employees — even those working varied hours from home due to the COVID-19 pandemic. The department’s Wage …
Posted: Aug 28, 2020
Ratings analysts A.M. Best and Moody’s are expecting property/casualty insurers and reinsurers to suffer meaningful losses from Hurricane Laura. A.M. Best expects losses from Hurricane Laura to place added stress on its rated insurance companies’ bal...
Posted: Aug 27, 2020
U.S. energy companies on Thursday were organizing crews and beginning to review offshore Gulf of Mexico platforms and assess damage to coastal operations as Hurricane Laura took its fierce winds inland. The storm hit Louisiana early Thursday with 150...
Posted: Aug 27, 2020
Boeing Co.’s grounded 737 Max jet took a major step toward a return to flying after Europe’s air-safety regulator said it would send pilots to Canada to conduct test flights, overcoming Covid 19-related travel curbs. The European Union Aviation Safet...
Posted: Aug 27, 2020
As Hurricane Laura pounded the U.S. Gulf Coast with nearly 150 mile-per-hour winds, causing water levels to rise almost 10 feet above normal in the wee hours of the morning, wildfires in California were still raging across more than a …
Posted: Aug 27, 2020
An internal investigation by McDonald’s of potential misconduct has extended beyond its former CEO who was forced out late last year. McDonald’s board of directors has hired an outside law firm as part of a probe into its human resources …
Posted: Aug 27, 2020
WORCESTER, Mass. — A former exotic dancer seriously injured in a 2010 car crash with an off-duty Massachusetts police officer has been paid about $8.6 million by the insurance company for the strip club, according to court records. Kailee Higgins …
Posted: Aug 27, 2020
VACAVILLE, Calif. — Firefighters hard-pressed by some of the largest wildfires in California history scrambled Wednesday to take advantage of cooler weather and an influx of aid as they carved and burned containment lines around the flames to prevent...
Posted: Aug 27, 2020
LAS VEGAS — A Russian citizen has been arrested and charged with offering an employee of a Nevada company $1 million to sew malware for an attack to harvest company data for ransom, U.S. authorities said Tuesday. Egor Igorevich Kriuchkov, …
Posted: Aug 27, 2020
LAS VEGAS — A Russian citizen has been arrested and charged with offering an employee of a Nevada company $1 million to sow malware for an attack to harvest company data for ransom, U.S. authorities said Tuesday. Egor Igorevich Kriuchkov, …
Posted: Aug 27, 2020
Five major oil refineries that produce 10 percent of the U.S. supply lie within a zone where catastrophic damage is expected from Hurricane Laura, according to a blog posted by Enki Research on Wednesday afternoon. The hurricane was forecast to …
Posted: Aug 27, 2020
Federal agencies are bolstering arsenals of tear gas, sponge-tipped bullets and other crowd-control gear after President Donald Trump ordered U.S. agents to assume new policing powers in cities to quell protests that he said threatened government mon...
Posted: Aug 26, 2020
LONDON, Aug 26 — It sounds like a surefire bet. You lend money to a borrower who puts up collateral that exceeds the size of the loan, and then you earn interest of about 20%. What could possibly go wrong? …
Posted: Aug 26, 2020
HONOLULU — All Hawaii airports receiving flights from outside the state are now operating thermal cameras to screen travelers for symptoms of the coronavirus. Travelers are subject to body temperature screening by the thermal cameras as part of the s...
Posted: Aug 26, 2020
A forklift has damaged a brick walkway at the iconic national monument Fort McHenry, where Republicans were building a stage for Vice President Mike Pence’s appearance for the party’s national convention, a National Park Service spokeswoman said Mond...
Posted: Aug 26, 2020
Hurricane Laura is set to slam into the U.S. Gulf Coast early Thursday as an extremely powerful Category 4 storm, unleashing deadly storm surges, flash floods and destructive winds that could inflict as much as $25 billion in damages. Laura …
Posted: Aug 26, 2020