Claims / Legal
Catastrophe Compensation: An Industrywide View
We're moving through hurricane season, and once again it's been a quiet catastrophe year. Thirty-one events have led to insured losses of only $11.2 billion across 39 states and two Canadian ...
Volkswagen: 11 Million Cars Affected by Falsified U.S. Vehicle Emission Tests
Volkswagen AG said a scandal over falsified U.S. vehicle emission tests could affect 11 million of its cars worldwide as investigations of its diesel models multiplied, heaping fresh pressure on CEO ...
Listening to the Market: Insurance Products That Fit Today’s Customer Needs and Demands
Presented by Majesco
The case for innovative insurance products How many cell phones have you owned? Computers? Cars? Appliances? Televisions? Do you still...
Ex Peanut Corp. CEO Gets 28 Years For His Role in Salmonella Outbreak
Former Peanut Corp. of America Chief Executive Officer Stewart Parnell was sentenced to 28 years in prison for his role in shipping salmonella-tainted products linked to nine deaths in 2009. Parnell, ...
Chile Quake Caused $600M-$900M in Insured Losses: AIR Worldwide
The magnitude 8.3 earthquake that struck Chile's central coast on Sept. 16 caused between $600 million and $900 million in insured losses, AIR Worldwide said in an estimate of the destruction's ...
Most Drivers Bring Their Pets as Passengers Without Restraints, Risking Accidents
There's an auto liability issue at play that many may not think about. A large majority of drivers bring their pets as passengers and most avoid using restraints to keep them safe, risking accidents, ...
Lawyers’ Perspective: Unclaimed Property Actions, Cyber Blackmail Ranked Among Insurance Issues to Watch
From time to time, insurance executives ask our firm what issues are likely to impact the insurance industry in the near future. Below are several emerging issues we believe are likely to have an ...
Californians, Beset by Wildfires, Pursue High-Risk Insurance Market
There are lots of reasons people live in California's Modjeska Canyon. Nestled against the mountains and abutting the Cleveland National Forest, the area has abundant wildlife and access to nature, ...
Computer Models Failing to Predict Path of Wildfire Flames
Wildfires that have raged in California this summer haven't just overwhelmed firefighters. They've also stumped computer models designed to predict the intensity of flames and where they'll burn. ...