Why is it when we talk about alternative dispute resolution, we often forget the human connections at play? A successful claims resolution involves building rapport and trust with the claimant to get the case resolved, yet we seem to focus more on the end result.
Ikea has agreed to pay $46 million to the parents of a California toddler who died when one of the company’s dressers tipped onto him in 2017, the family’s lawyers announced Monday.
A Coca-Cola tractor-trailer crashed into a Pennsylvania house on Saturday, destroying the front of the home and causing road closures. The accident happened around 6:30 a.m. Saturday in foggy conditions in Quakertown, Pennsylvania.
A damaging earthquake struck Puerto Rico early Monday, with plenty of aftershocks expected.<br /><br />The magnitude 5.8 tremor happened at 5:32 a.m. ET, the US Geological Survey said.<br />It was centered about 8 miles south-southeast of Indios, Puerto Rico, at a depth of about 3.7 miles below ground.
The Eleventh Circuit has affirmed the dismissal with prejudice of a putative class action brought by auto body collision repair shops against dozens of insurers and alleging RICO violations, fraud, and unjust enrichment.
A chain-reaction crash involving a tour bus, three tractor-trailers and a passenger car killed five people and injured about 60 others on the Pennsylvania Turnpike near Pittsburgh early on Sunday, state police said.
Thousands of tourists and residents evacuated parts of Australia on Friday as hot temperatures and strong winds were expected to worsen wildfire conditions over the weekend.
Social inflation is one of the latest buzzwords in insurance. It is used by insurers to describe the rising costs of insurance claims resulting from things like increasing litigation, broader definitions of liability, more plaintiff-friendly legal decisions, and larger compensatory jury awards.
“Well? We’re waiting!” goes the infamous line groaned by Judge Smails to Ty Webb in “Caddyshack” while he waits to find out how much money his golf bet is going to cost him. Many insurance clients utter this same frustrated groan to claims professionals handling their stalled loss payouts.
Thanks to climate change, so-called “secondary perils” are a least as threatening to global property and casualty insurers as primary perils such as earthquakes or hurricanes, according to the latest sigma study published by Swiss Re.
Our monkey brains guide our bodies through medieval governmental structures while manipulating the technology of the gods. This inherent tension creates endless contradictions, power struggles, and confusion in our world. There is little debate that technology rules commerce.
A recreational drone pilot has been fined US$20,000 after he lost control of his drone while flying it illegally near McCarran International Airport in Las Vegas. In June of 2018, pilot Rueben Burciaga lost control of his DJI Phantom 3 drone while operating it in Class B airspace — a no-go zone surrounding the nation’s busiest airports.
The National Highway Traffic Safety Administration is investigating the crash of a speeding Tesla that killed two people in a Los Angeles suburb, the agency announced Tuesday.
A recently installed wind turbine came crashing down in a New York City neighborhood, causing a chain reaction on Monday. As the turbine in the Bronx partially collapsed, it smashed into an adjacent three-sided illuminated billboard, causing that also to break apart and come tumbling down to the street and cars below.
