Monthly Archives: <span>July 2015</span>

Carbon Monoxide Poisoning an Odorless Killer

A quadruple tragedy that claimed the lives of four area young people elicited shock and sympathy from local officials, as well as calls for increased vigilance to prevent deadly carbon monoxide poisonings. “My heart goes out to these families,” said …

AIG Offers Property Damage Coverage for Cyberattacks

A three-hour shutdown of the New York Stock Exchange on the same day that a network failure halted all United Airlines flights in the U.S. had people across the country thinking one thing: cyberattack. It wasn’t, but the July 8 …

Residential Fires Killed 2500 People Between 2011-2013

Between 2011 and 2013, more than 2500 people died in residential fires, according to a just released report. During that time period, 83 percent of civilian fire fatalities occurred as a result of house fires. The U.S. Fire Administration’s latest …

As Congress Considers Lowering Age Limit, Teen Truckers Spark Worry

Drivers as young as 18 years old could be allowed to drive 80,000-pound trucks between states if Congress goes along with a proposal backed by the U.S. trucking industry that safety advocates say would be a disaster. The plan, part …

Speed Caused 27% of Louisiana Traffic Deaths in 2013

A new report finds speeding was a factor in at least 27 percent of Louisiana traffic fatalities in 2013. A National Highway Traffic Safety Administration study says the state had 703 traffic fatalities two years ago and 193 stemmed in …

Virginia Attorney Seeks Coverage for Accident Because He Was Thinking About Work

The Supreme Court of Virginia decided an interesting question in the context of a lawyer’s professional liability policy. In Bartolomucci v. Federal Ins. Co., 770 S.E.2d 451 (2015), an attorney attempted to get automobile liability coverage by claiming that when …

Ex-NY Senate Leader, Son Accused of Pressuring Malpractice Insurer for Job

The latest indictment against a former state Senate leader says he pressured a malpractice insurance company that wanted to discuss legislation with him into hiring his son and then supported his son after he bragged to his new boss that …

Washington Man Gets One Year in Prison for $76,000 Workers’ Comp Scam

The manager of a Spokane, Wash., used car dealership must serve a year in jail for stealing more than $76,000 in disability benefits from the state. Gary Bruce Farnworth II, 48, was caught running the dealership while telling the Department …

Catastrophe Losses Total $8.1B Year to Date

Seventeen second-quarter catastrophe events in North America led to $5.3 billion in insured losses, according to Property Claim Services, a Verisk Analytics business. First-half catastrophe losses came to $8.1 billion from 26 events. PCS has published its full North American …

Study Finds Property Casualty Insurers Pressured to Innovate

Property/casualty insurers are facing an erosion of barriers to entry in their markets, as risk data becomes more widely available, and as new capital sources disrupt traditional insurers, according to a new study by Conning. “The value proposition of the …