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Avoiding Construction Contract Claim Disputes

Any risk manager knows that the wording of a contract is important. Yet construction contracts are often completed without a thorough analysis of the underlying insurance requirements, or a review of the terms of the insurance coverage expected to cover losses arising from the project.
May 8, 2018 Liability

N.Y. Regulator Fines Chubb $1.3M For NRA Insurance Program

Insurer Chubb Ltd and a unit have agreed to pay a total of $1.3 million to New York State’s insurance regulator over their role in a National Rifle Association (NRA) insurance program, the regulator said on Monday.
May 8, 2018 Legislation & Regulation Liability New York

Insured Catastrophe Losses From Canadian Ice Storm Estimated At $164M

The historic ice storm in Ontario and Quebec in mid-April could cost the insurance industry more than $150 million in damage claims, Verisk Analytics Inc.’s Property Claim Services unit reported Thursday.
May 7, 2018 Auto Catastrophe Liability Property

Brick Wall Collapse Crushes 7 Cars In North Columbus, Ohio

The wind might be to blame for a brick wall collapse that smashed seven parked cars in north Columbus. It happened Friday afternoon at the Harvard Square apartment complex off of West Henderson Road. Some people spent the day digging out their cars from under the brick.
May 7, 2018 Auto Excess & Surplus Lines Liability Subrogation Ohio

Horse Sues Former Guardian For Neglect, Seeks $100,000 In Damages

An Oregon horse named Justice is — at least, on paper — suing his former owner for $100,000 in damages.
May 4, 2018 Liability Litigation Property Weird Oregon

40% Of Automobile Accidents Are Work-Related, Costing Employers Billions

Even with an abundance of awareness campaigns, distracted and dangerous driving remains a problem on the roads.
May 3, 2018 Auto Liability Risk Management Technology

Railroad Negligent In Flood, Class-Action Suit Alleges; Case Could Involve Hundreds Of Millions Of Dollars

Local residents who suffered property loss during the 2016 flood say they continue to incur damages. And they’re blaming what they call the railroad’s faulty culverts.
May 3, 2018 Excess & Surplus Lines Liability Litigation Texas

Fiery LA Freeway Big Rig Crash Injures 3

A fiery crash involving a big rig has injured three people, two critically, and backed up traffic on a Southern California freeway for miles.
May 2, 2018 Auto Excess & Surplus Lines Liability California

Using IoT To Monitor Risk In Real Time

To monitor means to supervise and continually check and critically observe. It means to determine the current status and to assess whether the required or expected performance levels are actually being achieved.
May 2, 2018 Liability Technology

Autonomous Vehicle Start-Up Suggests Insurers Could Control Fleet Risk

The self-driving vehicles of tomorrow could be actively monitored and shaped by insurance companies, suggests an autonomous vehicle start-up spun off from the University of Oxford.
May 2, 2018 Auto Liability Technology

Risk Management: Vehicle Reimbursement Programs

A new report based on US Bureau of Labor statistics has found that most motor vehicle accidents involving company cars occur during the personal time of employee drivers.
May 1, 2018 Auto Liability Risk Management

Simplifying Claims Involving Automated Cars

Canada’s insurers are developing a framework for insuring automated vehicles that is designed for handling auto claims quickly, regardless of whether tort liability arises from human error or a manufacturing defect in the automated vehicle.
April 30, 2018 Auto Legislation & Regulation Liability

Overturned Semi Spills Watermelon Cargo, Causing Fatal Accident

One person died after a big rig carrying watermelons overturned, causing part of its load to strike another vehicle on I-95 in Philadelphia near the Walt Whitman Bridge.
April 30, 2018 Auto Excess & Surplus Lines Liability Pennsylvania

Family Of Woman Who Died After Flight Sues American Airlines For Negligence

The family of a South Carolina woman has filed a wrongful death lawsuit accusing American Airlines (AAL.O) of refusing to make an emergency landing after she fell ill during an April 2016 flight, leading to her death from an embolism three days later.
April 30, 2018 Excess & Surplus Lines Liability Litigation South Carolina

3 Dead, 3 Hurt In Fiery 2-Vehicle Crash In South LA

Three people were killed and three more critically injured in a two-vehicle crash in South Los Angeles Saturday evening.
The deceased included two children, authorities said.
April 30, 2018 Auto Liability California
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