Claims / Legal
Public Service Exits California Workers Comp
Public Service Mutual Insurance Co.'s exit from California's workers compensation market isn't a reflection of the health of the state's workers' compensation system, according to the California ...
UK Spending Cuts Could Mean More Flood Re Claims: Fitch
Uncertainty about UK government spending on flood defenses means the industry-managed Flood Re program for pooling flood risk may face higher-than-expected claims in the future, according to Fitch ...
Lawyer Appeals Ruling Preventing $9.5B Payday in Chevron Case
A U.S. lawyer on Tuesday appealed a federal judge's ruling that he used fraud to secure a multibillion-dollar pollution judgment against Chevron Corp in Ecuador, a decision that bars him from ...
Florida Supreme Court Finds Medical Damages Caps Unconstitutional
The Florida Supreme Court has ruled that the state's caps on noneconomic damages in medical malpractice wrongful death cases violate the state Constitution's equal protection clause. The 5-2 opinion ...
$11+ Million a Day in U.K. Flood Insurance Claims, Says ABI
Insurance claims from the recent spate of floods in the U.K. are averaging $11.18 million a day, according to the Association of British Insurers (ABI). The "wettest winter on record is likely to ...
Esurance Adds Video Appraisals for On-the-Spot Claim Estimates
Esurance, the direct-to-consumer personal insurance company, has added what it believes to be an industry-first mobile feature: video appraisal, which enables consumers to video chat with an Esurance ...
James River Insurance Policy to Cover Uber Insurance Gap
Ridesharing company Uber on Friday said it has new insurance to cover a gap between personal and commercial policies when drivers are using the app-based ridesharing service, while the company's CEO ...
Mind Your Wallet: Why the Underworld Loves Bitcoin
Criminals may already have made off with up to $500 million worth of bitcoins since the virtual currency launched in 2009—and you can double that if it turns out they emptied Mt. Gox. Internet ...