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

Allstate Creates Standalone Telematics Unit

Allstate Corp. Chief Executive Officer Tom Wilson created a stand-alone unit for a telematics business that he expects to grow rapidly by collecting data on drivers and selling analytics products to third parties. The firm is named Arity and will …

Pennsylvania Steel Firm Denies Liability for 2013 Train Derailment

A Pennsylvania steel company named in a lawsuit over a fiery oil tanker train derailment near Casselton, N.D., says it should not be held liable for the 2013 accident. Standard Steel and BNSF are named in a complaint filed by …

Arkansas Voters to Consider Limits on Non-Economic Damages in Suits Against Healthcare Providers

Arkansas voters this fall will be allowed to consider a constitutional amendment that would limit non-economic damages in lawsuits against healthcare providers and set a limit on contingency fees lawyers could receive in medical injury cases. It joins four other …

Ford Recalls 830K Vehicles to Repair Faulty Door Latches

Ford is recalling about 830,000 vehicles in the U.S. and Mexico because parts in the side door latches can break and the doors can open while the vehicles are moving. The recall announced Thursday covers certain 2013 to 2015 Ford …

Mercury Insurance Investigates Questionable Ferrari Loss

Shannon Navejas, special investigator 2 with Mercury Insurance, shares how a claim for a 2000 collector edition Ferrari valued at $188,000 went up in smoke as a result of a thorough investigation which included the use of background checks, a …

Scores Killed 40 Years Ago During Colorado’s Big Thompson Flood

A year’s worth of rain fell in 70 minutes. Clouds piled 12 miles into the mountain sky unleashed a deluge on July 31, 1976, setting off the most powerful flood since glaciers retreated 10,000 years ago. The chaos along an …

Shooting Death of State Worker Sparks Call to Speed Up Workplace Safety

A year after a Vermont social worker was shot and killed outside a state office building, the state says it’s making security enhancements to buildings, but the employees’ union says Vermont hasn’t moved quickly enough to protect workers from violence. …

Business Moves: Coverys, Worley, Guidewire

Coverys Acquires MRM Group Coverys announced its acquisition of MRM Group, LLC, a patient safety and risk management solutions company based in Hartford, Conn. The transaction was finalized on July 29, 2016. MRM Group, formed in 2003, offers a broad …

North Carolina Court Backs Decision Against Home Insurance Rate Increase

North Carolina’s insurance commissioner had plenty of justification to reject a request by insurers to raise homeowners’ premiums by an average of 25 percent, the state Court of Appeals ruled Tuesday. Instead, Insurance Commissioner Wayne Goodwin imposed a zero-percent overall …

Dubai Passenger Jet Crash-Landing Filled With Screams, Smoke

All seemed normal to the 300 people aboard the Emirates airliner as it flew past the world’s tallest building in hazy skies and made a slow left turn over the waters of the Persian Gulf. But as soon as the …