When a settlement is reached in a personal injury lawsuit, a written settlement agreement is prepared, and, if medical expenses for the injured party have been paid by Medicare, a Medicare Set-Aside Account (MSA) may be created to reimburse Medicare …
Uber Technologies Inc. fired back at taxi operators accusing it of lying about superior safety, telling a judge the cab companies “fabricated” a customer endorsement with a photo of MySpace’s co-founder and can’t be trusted. Uber said several Los Angeles-area …
While much has been made about the dangers of texting and driving, less attention has been focused on the age-old distractions of being absent minded or upset while driving. A team of researchers from the University of Houston (UH) and …
Assignment of benefits, aggressive contractors and cargo theft were the primary focus of legislation in a number of states this year, according to Alan Haskins, director of government affairs for the National Insurance Crime Bureau. In a podcast interview with …
The cost of dog bite claims for U.S. insurers climbed 16 percent last year on higher medical expenses and larger settlements to resolve court disputes. The average claim increased to $37,214 in 2015 from $32,072 a year earlier, according to …
A fire at the West Fertilizer Co. plant in West, Texas, in April 2013 was intentionally set, the U.S. Bureau of Alcohol, Tobacco, Firearms & Explosives said on Wednesday. A $50,000 reward was offered for information leading to the arrest …
As the number of earthquakes in Oklahoma exploded into the hundreds in the last few years, nearly a dozen insurance companies moved to limit their exposure, often at the expense of homeowners, a Reuters examination has found. Nearly 3,000 pages …
CNA Appoints Hallstrom Assistant Vice President, Cyber Insurance Chicago-based CNA announced the recent appointment of David Hallstrom to assistant vice president and industry leader, Cyber Insurance. In this role, he is responsible for CNA cyber product management. He reports to …
Andrew J. Heymsfield has an affinity for thunderstorms, particularly those nasty spring-born storms that darken the plains and drop hailstones similar to millions of tiny ice bombs, leaving crushed crops, car hood dings and dimples, and billions of dollars of …
Bad weather moved into the Ohio River Valley on Tuesday after a series of powerful storms hit the Plains, including deadly tornadoes that destroyed homes and overturned vehicles in Oklahoma. National Weather Service meteorologist Rick Smith said Tuesday’s risk was …