February 19, 2013
The Facts Who: Service On Site (SOS) Contents, a division of Enservio What: $2 million damage to Henryville Junior-Senior High School Where: Henryville, Indiana When (DOL): March 2, 2012 How the damage happened: EF-4 tornado The Process Just in time …
February 18, 2013
Johnson & Johnson, the subject of thousands of lawsuits stemming from the 2010 recall of its ASR all-metal hip implants, last month recalled a second type of metal hip component that it sold outside of the United States. J&J’s DePuy …
February 18, 2013
Toyota Motor Corp will pay $29 million as part of a multi-state settlement agreement finalized on Thursday over the Japanese automaker’s failure to quickly notify drivers of defects that wound up triggering the biggest automotive safety crisis in history. The …
February 18, 2013
Chrysler Group LLC said on Friday it is recalling 4,278 Dodge Viper sports cars globally to fix a part that could cause the airbags to inadvertently deploy, expanding a recall from last fall. The U.S. automaker, controlled by Fiat SpA, …
February 18, 2013
Mercury Insurance’s Special Investigations Unit (SIU), founded in 1978, is the company’s first line of defense against fraudulent insurance claims, which cost the average U.S. family $400-$700 per year in increased premiums. The culprits behind these scams aren’t run-of-the-mill criminals. …
February 18, 2013
A new defense-grade, multi-spectral aerial imagery camera is being used to measure land-use changes, impacts of storms on cities, crops and forests, and damage to infrastructure such as pavement and airport runways. One other huge development this technology provides is …
February 18, 2013
Auto insurance customers continue to be pleased not only with their claims settlements but also with how quickly their claims are being settled. Also, insurance claims adjusters are doing a better job of speeding up the claims process than repair …
February 18, 2013
But Can They Settle the Weather in 2013? Insured losses in the United States in 2012 totaled $58 billion – far above the 2000-2011 average loss of $27 billion (in 2012 dollars), according to Munich Re. Those losses were caused …
February 18, 2013
Top 10 Risks to Watch Lawsuits filed today are a good indicator of tomorrow’s liability claims. Though there is a time lag, property/casualty liability trends are heavily influenced by local and national tort trends, according to Jerry Theodorou, a Conning …
February 18, 2013
When it comes to complex employment-related legal disputes, 2012 will be considered a landmark year, according to a new report on employment class action litigation. Many of the key rulings of 2012 in class action cases hinged on the U.S. …