Claims News Recap
February 25th - March 1st
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Friday, March 1st, 2019
In recent years, the world of sports has been shaken up by an increased awareness of concussions and their long-term consequences, especially after a concussion-related settlement between the NFL and over 20,000 retired football players was reached back in 2015. The deal focused on the league’s alleged cover-up of the connection between playing football professionally and chronic traumatic encephalopathy....
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Thursday, February 28th, 2019
It remains one of the most difficult issues to deal within the world of property insurance. Homeowners’ insurance policies usually contain a provision obligating the carrier to repair or replace an insured’s damaged property with “material of like kind and quality” or with “similar material.” They cover property damage resulting from “sudden and accidental” losses....
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Wednesday, February 27th, 2019
For independent adjusters, the need to replace retiring workers is becoming more urgent. “A number of our front-line adjusters are very senior, very talented and experienced,” said Paul Féron senior vice president for Ontario and Manitoba at ClaimsPro LP. “In the next 5 to 10 years, a significant number of them will be retiring and deserve to retire....
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Tuesday, February 26th, 2019
Claims adjusters’ questions should address potential policy wording dilemmas related to the upcoming legalization of cannabis edibles later this year, a lawyer told Canadian Underwriter recently. For example, consider the following question in the context of edible cannabis (or even recreational smoked marijuana): “In the past 24 hours, have you consumed any drugs, alcohol or medication?”...
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Monday, February 25th, 2019
Storm survey crews with the National Weather Service have confirmed that Saturday’s tornado that hit Columbus was an EF-3 with winds over 130mph. Weather service officials say the tornado was on the ground for nearly 10 miles. The mayor of Columbus says 12 people injured when a tornado swept through.....
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