Claims News Recap
August 20th - August 24th
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Friday, August 24th, 2018
Hurricane Lane weakened as it marched toward Hawaii, but it’s list of life-threatening calamities is still going strong. The hurricane was downgraded to a Category 3 storm Thursday, even as it unleashed torrential rainfall, flooding and landslides over parts of Hawaii’s Big Island, along with dangerous surf and high winds....
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Thursday, August 23rd, 2018
As emergency shelters opened, rain began to pour down and cellphone alerts went out, the approaching Hurricane Lane started to feel real for Hawaii residents. Lane was forecast to continue its northwest turn into the islands Thursday and be the most powerful storm to hit Hawaii since Hurricane Iniki in 1992....
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Wednesday, August 22nd, 2018
The Institutes RiskBlock Alliance, the first blockchain consortium for the risk management and insurance industry, announced today that EY will serve as a primary service provider for blockchain-specific cybersecurity and risk management guidance. These services are part of the 30-member consortium’s efforts to implement and test multiple insurance use cases by the end of 2018....
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Tuesday, August 21st, 2018
Record rain swamped Dane County and the Madison area causing widespread flooding, the National Weather Service said Tuesday. One man was reported missing in Madison Monday night after being swept away by swift moving floodwaters after getting out of a stranded vehicle. Dane County Executive Joe Parisi declared a state of emergency Tuesday because of the flooding....
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Monday, August 20th, 2018
A Texas jury awarded damages of $242 million to a Dallas family after finding that defects in the family’s Lexus sedan caused injuries to their two children during a rear-end collision, the law firm representing the plaintiffs said on Friday. The verdict by the jury in Dallas County District Court includes more than $143.6 million in punitive damages after jurors agreed that the actions of Lexus-maker Toyota Motor Corp and Toyota Motor Sales amounted to gross negligence....
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