Monthly Archives: <span>January 2017</span>

Michigan Sinkhole Repair Cost Estimated at More Than $78M

The cost to fix a broken sewer line that caused a football field-sized sinkhole north of Detroit, Mich., is estimated at more than $78 million, Macomb County’s new public works chief says. The project’s cost could rise above $100 million …

Report Finds Slope Deaths Typically Involve Experienced Skiers

A new report is debunking the common belief that those killed on the slopes at ski resorts are new to the sport. According to the annual safety report by the National Ski Areas Association, the average person who died on …

Study Finds Inpatient vs. Home, Outpatient Care Drives Post-Surgery Spending

A new study finds huge variation in where patients who receive post-surgical care will end up, depending on where they had their operation. And that variation in turn leads to huge differences in how much their care costs. The study, …

Lemonade Boasts Claims Settlement Speed Record, AI Jim Answers Questions

Recently, Lemonade reported a claim handling world record. The insurer reported a claim settlement speed record – 3 seconds and no paperwork. According to the insurer, a policyholder submitted a theft claim for a $979 Canada Goose Langford Parka on …

New Jersey Family Sues After Boy’s Toes Amputated in Escalator Accident

A New Jersey family whose son got his foot stuck in a mall escalator and had to have his toes amputated has filed a lawsuit against the mall and the company that made the escalator. Celestino Rivas and Maria Jimenez, …

People News: Starr Companies, Arch Insurance Group, Seibels

Starr Companies Names Greytok Leader of Newly Formed Excess Casualty Division Starr Companies announced the promotion of Layla Greytok, vice president, as the leader of its newly formed Excess Casualty Division, a combination of the Excess Commercial Accounts and Excess …

Alaska Officials Find No Sign of Fukushima-Related Radiation in Seafood

State officials have announced that tests of Alaska seafood continue to show no detectable amounts of radiation, five years after a deadly earthquake and tsunami set off a nuclear disaster at a Japanese power plant. More than 16,000 people were …

Inland Flooding Leads List of Climate Disasters That Cost $46B in 2016

Climate-based disasters caused $46 billion in damage and killed at least 138 in the 48 contiguous U.S. states last year, with inland flooding emerging as the costliest weather event for the first time since 1997. The number of billion-dollar occurrences …

Weakened by Drought, Trees are Falling in Drenched California

Drenching winter rains combined with the punishing effects of six years of drought are causing trees to topple across California, in some cases with deadly results. At least two people have been killed in the past month. Seemingly sturdy oaks, …

Guilty Plea for Former Engineering Firm Exec in Sandy Insurance Case

A former director of an engineering firm charged with illegally altering reports about damage from Superstorm Sandy pleaded guilty to unauthorized practice of engineering in connection with the case, New York Attorney General Eric Schneiderman announced Tuesday. Matthew Pappalardo, 39, …