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 States 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 theyre blaming what they call the railroads 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
Canadas 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
The deceased included two children, authorities said.



