Three Contractors Injured In Refinery Explosion

Three men sustained serious burns in an apparent explosion Tuesday at the Delaware City Refinery. A "minor explosion" occurred about 11:30 a.m. Tuesday during equipment maintenance, according to the state fire marshal.
October 31, 2018 Excess & Surplus Lines Workers' Compensation Delaware

Parametric Insurance: Claims Paid Without Loss Adjustment

Parametric insurance products are developing rapidly around the world. They’ve been described by global law firm Clyde & Co as “an elegant solution for risk-transfer concerns” and are lauded as attractive alternatives and enhancements to some traditional insurance policies.
October 30, 2018 Excess & Surplus Lines Property

New Cyber Threat: Cryptojacking

It seems that with every advancement in technology a new threat vector is born. This theory holds true as we begin to embrace the world of cryptocurrency.
October 26, 2018 Excess & Surplus Lines Risk Management Technology

Blaze Destroys Another Northern California Apartment Complex Under Construction, Serial Arsonist Suspected

A massive fire at a large residential construction site early Tuesday in West Oakland — the East Bay’s sixth major conflagration at a housing development in a little more than two years — has renewed concerns that a serial arsonist is targeting projects across the region.
October 25, 2018 Excess & Surplus Lines Property California

7 Children Dead In Virus Outbreak At New Jersey Facility

Seven children have died as a result of adenovirus at the Wanaque Center for Nursing and Rehabilitation in Haskell, New Jersey. The Wanaque facility has been "instructed not to admit any new patients until the outbreak ends and they are in full compliance," according to the health department.
October 24, 2018 Excess & Surplus Lines Liability New Jersey

Crawford’s Top 3 Claim Loss Predictions From Marijuana Legalization

Claims adjuster Crawford & Company (Canada) Inc. sees auto, commercial and workplace-related losses as the Top 3 claims arising from the legalization of marijuana.
October 22, 2018 Excess & Surplus Lines

Apartment Clubhouse Floor Collapse Injures 30 Partiers

As a crowded group of Clemson University students and local residents danced and jumped around at an apartment clubhouse late Saturday night, Jeremy Tester felt something strange beneath his feet.
October 22, 2018 Excess & Surplus Lines South Carolina

Key Drivers Behind Cyber Insurance Claims

There’s plenty of attention paid when a company like Target or Home Depot gets hacked. These major cyber breaches attract extensive media coverage, often creating the illusion that it’s only big businesses that are at risk of an attack. But that’s far from the case.
October 5, 2018 Excess & Surplus Lines

Tesla Must Defend Lawsuit Alleging Abuse Of Foreign Workers

A federal judge has ruled that Tesla must defend itself at a trial over allegations it knew foreign workers at one of its facilities were threatened with deportation if they reported an injury and worked long shifts that violated forced labor laws.
October 5, 2018 Excess & Surplus Lines Liability Litigation California

Travelers Unit Not Obligated To Defend Hotel Group In Breach

A Travelers Cos. Inc. unit has successfully obtained a declaratory judgment it has no duty to defend a Florida hotel group under its commercial general liability coverage in connection with $2.4 million in fines and other costs it incurred stemming from a data breach.
October 5, 2018 Excess & Surplus Lines Liability Litigation Florida

Thousands Of People’s Insurance Appeals Went To A Doctor Feds Say Is A Fraud

For years, Spyros Panos seemed like a successful orthopedic surgeon, seeing dozens of patients a day and bringing in millions of dollars in fees for his suburban New York medical group.
October 2, 2018 Excess & Surplus Lines Fraud Life & Health Litigation Workers' Compensation

Kentucky Plane Crash Litigation: A Case Of Policy Language Interpretation

The insurance agency holding the policy on the aircraft in which Scott T. Foster and three others were killed has filed an answer in federal court to allegations of a violation of the Kentucky Unfair Claims Settlement Practices Act.
October 1, 2018 Excess & Surplus Lines Litigation Kentucky

Coast Guard Finds Lone Survivor From Helicopter Crash In Alaskan Waters

The United States Coast Guard is suspending its search for three people missing after a helicopter crashed near Lituya Bay Friday evening. The Coast Guard announced that the search was suspended around 12:30 p.m. Sunday after more than 36 hours had passed since the crash.
October 1, 2018 Excess & Surplus Lines Alaska

Most People Underrate Cyber Risk: Chubb

Despite the increasing frequency of cyberattacks, most people are largely unprepared and at risk should they or their family be targeted, according to a new study from Chubb.
September 26, 2018 Excess & Surplus Lines

Hit-And-Run Crash Into Lube Shop Causes $800K In Damage

An early morning fire that caused hundreds of thousands of dollars to a business began when a car hit the building early Saturday (Sept. 22) morning, according to Tampa Fire Rescue.
September 24, 2018 Excess & Surplus Lines Florida
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