Claims News Recap
March 5th - 9th
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Friday, March 9th, 2018
A telematics software company has noticed there’s a shift underway in a key market. “At the beginning, we were working with the underwriter in an insurance company talking about pricing,” said Nino Tarantino, CEO of Octo Telematics North America. “But now, for all our insurance partners, the guys from claims are involved.” So, why the uptick in interest towards the technology?
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Thursday, March 8th, 2018
Risk managers concerned about insurance exclusions should consider asking their brokers to brief senior managers explaining what exactly the insurance covers and what it excludes, a Willis Towers Watson executive advises. Steve Sachs, co-chair of the Willis Towers Watson Real Estate Practice, tells risk managers after they buy a policy to “have the broker do a policy workshop for you,”...
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Wednesday, March 7th, 2018
Thousands of gallons of hydrochloric acid spilled Tuesday morning when a train crashed into the tanker truck that was hauling it in Washington County. The crash happened around 11 a.m. in Centerville, near Fredericktown. The intersection of Maple Glenn Road and Low Hill Road is marked by cross bucks...
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Tuesday, March 6th, 2018
Northern Lancaster County Regional Police are investigating the theft of multiple vehicles from Keller Brothers Dodge. Authorities say four "high-end" vehicles were stolen from the dealership between midnight and 3 a.m. Sunday. Police were notified around 10:15 a.m. Sunday that the vehicles were missing...
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Monday, March 5th, 2018
The Neosho Board of Education and its insurance carrier have reached agreement on a settlement that will be used to rebuild Goodman Elementary School, which was destroyed by an EF2 tornado in April 2017. The insurance carrier, Missouri United School Insurance Council, will reimburse the district $10.7 million, which will cover the cost of a new elementary school and its contents...
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