Claims / Legal
Wanna’ Get Away? Severe Winter Making It Tough
Severe winter weather cost U.S. airline passengers $5.3 billion in expenses and missed workdays as carriers canceled and delayed trips in the worst period of flight disruption since Sept. 11. The ...
Some Employers Find Excuses to Fire Pregnant Employees
The Pregnancy Discrimination Act of 1978 makes it illegal for a woman to be fired just because she is pregnant. But that doesn't stop it from happening, according to new research by Reginald Byron, ...
Insurers Took Some of Cyber Breach Impact, Target Says
Target Corp. shares made strong gains after it reassured investors that customers were beginning to return to its U.S. stores, suggesting that the impact of a massive data breach may not be as severe ...
Effort to Put House in Order Paying Off, Says Meadowbrook CEO Cubbin
Meadowbrook Insurance Group, based in Southfield, Mich., has struggled with many challenges during the past couple of years but the "strong remedial measures" implemented to correct unacceptable ...
Rolls-Royce Drone Ships Promise Safer, Cheaper Cargo Industry
In an age of aerial drones and driverless cars, Rolls-Royce Holdings Plc is designing unmanned cargo ships. Rolls-Royce's Blue Ocean development team has set up a virtual-reality prototype at its ...
Supreme Court Allows Consumer Class Actions to Move Forward in Whirlpool, Sears Case
The U.S. Supreme Court gave consumers a victory on Monday by allowing them to proceed with class-action lawsuits alleging that millions of front-loading washing machines they bought suffered from ...
Guy Carpenter’s Satellite Imaging Service Assisting Insurers with UK Floods
Reinsurance specialist Guy Carpenter & Co. recently launched a satellite-based catastrophe evaluation service, GC CAT-VIEWSM, which it is already using to provide clients affected by the recent ...
Obamacare Could Lead to Medical Cost-Sharing, Other Effects on P/C: IRC
The property/casualty insurance industry is likely to face cost shifting by hospitals, physicians and other medical providers due to the Patient Protection and Affordable Care Act (ACA), according to ...