Monthly Archives: <span>November 2013</span>

Burford Capital Gets $40M in New Capital for Litigation Funding

Burford Capital Limited, a global provider of investment capital and risk solutions for litigation, is pleased to announce that the offering of $40 million in contingent preference shares by a wholly-owned subsidiary of the Company has been fully subscribed. The …

HM Addresses Workplace Safety Issues with Grant Program

HM Insurance Group provided 15 non-profit organizations across Pennsylvania with grants for equipment and workplace enhancements to improve the safety of employees and, in turn, the organizations’ workers’ compensation claims experience. “HM is committed to workplace safety and provides sound …

RIMS Advocates for Interstate Licensing for Claims Adjusters

RIMS, a risk management society, announced its support for the Claims Licensing Advancement for Interstate Matters Act (CLAIM Act). Introduced to the U.S. House of Representatives, the legislation encourages the National Association of Insurance Commissioners (NAIC) to establish uniformity and …

A Tip for Organizing Large Loss Reports

Large Loss reports are filled with details, but many of those details are not organized properly, despite the use of subheads throughout the report. Subheads signal to the reader what is to come. So, a subhead on ATTACHMENTS lists all …

Engle Martin Acquires PT&C Forensic Consulting Services

Engle Martin & Associates Inc., a national independent loss adjusting and claims management provider, has acquired PT&C Forensic Consulting Services, a forensic engineering, fire and explosion origin and cause, subrogation, special investigation and building consulting firm. Details were not released. …

North Carolina Man Arrested for Alleged Insurance Scam

North Carolina Insurance Commissioner Wayne Goodwin announced the arrest of Edward Freeman, 41, of 642 Edward St., Belhaven; he was charged with one count of each of insurance fraud and obtaining property by false pretense. Department of Insurance criminal investigators …

Plans to Raze Flawed Vegas Hotel Tower on Hold While Claim Investigated

Plans for owners of the CityCenter development to demolish a flawed, half-built hotel tower on the Las Vegas Strip have been placed on hold. Clark County District Judge Elizabeth Gonzalez, at a Friday hearing, withdrew her Aug. 23 approval of …

4 Charged With Stealing Copper From Utility Pole

Police say four people have been charged with stealing copper wire from a BGE utility pole in Odenton, Md., which caused a power outage that affected more than 1,700 homes and businesses. Anne Arundel County police say the theft occurred …

Train Smashes Into Homes in Brazil, Killing 8

Officials say a cargo train laden with corn derailed in southeastern Brazil, smashing into houses and killing at least eight people and injuring another six. Rescue workers say more victims may be buried under the wreckage. The accident occurred Sunday …

Dim Traffic Sensors Dull How ‘Smart’ Freeways Are

California’s highways aren’t as smart as they used to be. Buried under thousands of miles of pavement are 27,000 traffic sensors that are supposed to help troubleshoot both daily commutes and long-term maintenance needs on some of the nation’s most …