Claims / Legal
Why Back Surgery Rates Vary by State: WCRI Report
A new study from the Workers Compensation Research Institute delves into the reasons why back surgery rates vary widely for workers in different states, with Oklahomans nearly three-times as likely ...
Fracking Officially Banned in New York, Ending Seven-Year Review
New York formalized its ban on high-volume hydraulic fracturing for natural gas on Monday, concluding a seven-year environmental and health review that drew a record number of public comments. "After ...
Delaware Bans ‘Loser Pays’ Fee Shifting in Class Actions
Delaware's governor has signed into law a ban on companies adopting rules that could force investors who bring and lose certain lawsuits to pay the company's legal costs, disappointing business ...
Expert Calls For Wider Use of Blast Modeling For Possible Terrorist Attacks
While catastrophic event models focus mainly on weather-related events, the world also has to cope with catastrophic terrorist acts, particularly those caused by explosive devices placed in areas ...
Asiana Airlines Reportedly Faces New Class Action Suit Over 2013 Plane Crash
South Korea's Asiana Airlines Inc is facing a new class action suit from passengers on a plane that crashed in San Francisco in 2013 that seeks a combined $30 million in damages, a lawyer for the ...
Progressive: Motorcycle Claims Peak in July
Progressive found that the average number of motorcycle insurance claims peaks in July, soaring 78 percent higher than in any other month, according to a review of its 2014 data. Beyond July, ...
Modelers Studying Insurance Impact of Quakes Caused By Human Activity
Earthquakes, the natural kind caused by the movements of vast tectonic plates, have been occurring since the dawn of time. But now there is a new type of quake being caused by human activity. ...
Workers Comp Underwriting Profit Possible as Trends, Reserve Quality Improve: Fitch
Traditionally one of the most challenging underwriting segments in the U.S. commercial lines insurance market, workers compensation has experienced a meaningful turnaround in performance from large ...