Nationwide is once again holding its annual Hambone Award event, and the insurer is asking the public to vote on the weirdest pet insurance claim of 2019.
More than 200 million people and two-thirds of the 48 contiguous states are at risk from flooding, according to Edward Clark, director of the U.S. National Water Center. This demonstrates the major threat that flooding poses to the reinsurance industry in the U.S
California’s largest utility, Pacific Gas & Electric (PG&E) cut off power to parts of 22 counties in northern California Wednesday. Roughly 500,000 customers have been affected by the outage, and numerous schools have cancelled classes.
When Hurricane Sandy’s floodwaters ravaged the first floor of Frank Cattie’s Ocean City, N.J., home, he assessed the damage, filed a flood insurance claim, and braced for the financial impact. But he was certain of one thing: He would not give up his slice of Shore heaven.
A Philadelphia jury on Tuesday hit Johnson & Johnson with an $8 billion verdict over its marketing of the anti-psychotic drug Risperdal, siding with a Maryland man who argued that the health care giant downplayed risks that the drug could lead to breast growth in boys.
California physicians are increasingly facing “hybrid” lawsuits alleging professional negligence as well as medical battery from plaintiffs who want to avoid the state’s long-standing $250,000 limit on what juries can award for noneconomic damages in medical liability cases.
In a closely contested 5-4 decision, the Washington Supreme Court held in Keodalah v. Allstate Insurance Company, et al., Slip. Op. No. 95867-0, ___ P.3d ___ (Oct. 3, 2019), that a claims adjuster cannot be held personally liable to an insured for bad faith.
Artificial intelligence can make it nearly impossible for fraudsters to make a false claim appear real, the founder of an A.I. vendor suggests. If an auto insurance claim is fraudulent, A.I. software could pick up on that as long as it has enough data about other fraudulent — and legitimate — claims, said Gary Saarenvirta, founder and CEO of Toronto-based Daisy Intelligence.
“The improbable can happen. But when a number of improbabilities occur consecutively within a short period of time it is very difficult to accept that they are coincidences.”
The U.S. Supreme Court on Monday morning said it will not hear San Diego Gas & Electric’s appeal of a California Supreme Court case that turned back the utility’s request to pass along $379 million in costs related to the 2007 wildfires that blazed through San Diego County.
A fire on Ono Island Saturday, October 5, 2019 destroyed two homes, cars and a boat. Nobody was at home at the time, but one firefighter was injured. This is the third time in just a few months fire has burned structures to the ground in that area.
From injured workers filing claims in more than one state to conflicting doctrines on subrogation, cross-jurisdictional workers’ compensation cases can be complex for injured workers and employers alike.
For the second time in three months, a judge for the California Department of Insurance has refused to change or reconsider his ruling in a workers compensation case, despite direction from Commissioner Ricardo Lara or his special counsel.
