Claims / Legal
Life-Saving Tech Not Yet Standard on Most Cars
Computerized sensors that warn drivers they're about to rear-end another vehicle or prevent other types of accidents are available on models made by every major auto manufacturer. The problem, ...
Affordable Care Act Does Not Crowd Out Workers Comp Claimants: NCCI
New industry research has found that while the Patient Protection and Affordable Care Act (ACA) has dramatically increased the number of people who are medically insured, it has not hurt access to ...
Commercial Auto Claims Spike: Blame Safer Vehicles, Distracted Drivers
Earlier this year, Fitch Ratings reported that the commercial auto insurance market suffered its fifth consecutive year of underwriting losses in 2015. The commercial auto combined ratio averaged 106 ...
It Could Happen. But How Much Would Calif. Quake Impacting Both NorCal, SoCal Cost?
A large earthquake along the San Andreas fault impacting both Northern and Southern California at the same time could wreak much more havoc than previously thought. In fact, such an event was ...
SCOTUS May Allow Miami to Sue Banks Over Lending Bias
The U.S. Supreme Court on Tuesday indicated it could allow Miami to pursue lawsuits accusing major banks of predatory mortgage lending to black and Hispanic home buyers resulting in loan defaults ...
Small Businesses Around the World Fear Climate Change Effects: Zurich Survey
Insurance carriers trying to measure clients' concerns about climate change should take note. Four out of five small and medium-sized businesses fear its impact on their bottom lines, according to a ...
VW Judge: Carmaker Making Strides Settling Remaining Diesel Cheat Cases
Volkswagen AG has made substantial progress toward reaching a settlement for the remaining 80,000 diesel-cheating cars polluting U.S. roads, a federal judge said. U.S. District Judge Charles Breyer, ...
Hank Greenberg Seeks Damages Over 2008 AIG Rescue
U.S. lawyers on Friday urged an appeals court to bless the federal government's $85 billion bailout of American International Group Inc. At the same time, attorneys for Maurice "Hank" Greenberg are ...