Monthly Archives: <span>March 2016</span>

Stun Gun Safety Rules Not Always Followed by Maryland Police

Maryland police officers didn’t always follow the safety recommendations of a stun gun manufacturer in the hundreds of times they used them over a three-year period, a newspaper investigation has found. Data from 2012 to 2014 shows police discharged their …

French Train Hero’s Father Charged in California Arson Fraud Scheme

Three people including the father of French train hero Spencer Stone have been indicted in a scheme to set fire to commercial buildings in Sacramento, Calif., in order to collect insurance money. The indictment unsealed Friday says that Jamal Shehadeh, …

Business News

Gen Re Announces Global Property and Casualty Reorganization Gen Re announces it will reorganize its Direct Global P&C operations in an effort to position the company’s team for the future. First, the footprint around the globe was evaluated to most …

What to Expect From Automation in 2016 and Beyond

Much has been said about the insurance industry’s technology gap and its general hesitance to integrate modern technology into operations. While other industries heavily invested in such solutions, insurance businesses bided time, sticking to legacy processing systems. However, we’re now …

Automakers Warned About Vehicle Hacking Risks

The FBI and U.S. National Highway Traffic Safety Administration (NHTSA) issued a bulletin Thursday warning that motor vehicles are “increasingly vulnerable” to hacking. “The FBI and NHTSA are warning the general public and manufacturers – of vehicles, vehicle components, and …

New York Inspector General Named ‘Fraud Fighter of the Year’

Cited for an aggressive campaign to counter workers-compensation scams throughout the state, New York Inspector General Catherine Leahy Scott was honored with the “Fraud Fighter of the Year” award by the New York Alliance Against Insurance Fraud, an alliance of …

New Risks Impacting E & O Claims

Cyber risk is just one of the factors impacting errors and omissions claims, according to panelists at the American Bar Association’s annual Tort Trial & Insurance Practice Section’s Insurance Coverage Litigation Committee. Because of a convergence of new risks facing …

Munich Re Launches Transit Bus Collision Avoidance Pilot

Munich Re, in collaboration with the Washington State Transit Insurance Pool (WSTIP), has launched a pilot program equipping transit buses with collision avoidance technology known as Mobileye Shield+. RoscoVision Systems is the North American provider and driver-interface manufacturer of this …

EnPro, Garlock Agree to $480M Settlement for Asbestos Claims

EnPro Industries Inc said it has agreed to a $480 million settlement to resolve current and future personal injury claims related to its asbestos-lined gaskets used in pipes, valves and other industrial applications. The settlement was between EnPro, its now …

Auto Safety Chief’s Car Part of Takata Airbag Recall

A family car owned by the nation’s top auto safety regulator’s family has been recalled to fix a faulty Takata airbag, but like millions of others, he’s waiting for parts to make the repair. National Highway Traffic Safety Administration chief …