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

Business News: Liberty Mutual, AIG, Consolidated Claims Group

Liberty Mutual Eliminating Over 600 roles in New Hampshire Liberty Mutual has announced it is cutting about 620 positions in New Hampshire. Foster’s Daily Democrat reports the insurance company announced the decision earlier this week. Liberty Mutual says many workers …

Drainage Tunnel Near Mount St. Helens Needs Work to Avert Flood Risks

Long-term strategies are needed to deal with the risks of mudflows and flooding left behind by the 1980 Mount St. Helens eruption, according to a report by the National Academies of Sciences, Engineering and Medicine. The most serious threat is …

NTSB to Issue Probable Cause of El Faro’s Sinking

Federal accident investigators on Tuesday will determine the probable cause of the sinking of the cargo ship El Faro, the worst maritime disaster for a U.S.-flagged vessel in decades that resulted in the deaths of 33 mariners. The National Transportation …

TWIA Policyholders Still Waiting for Payment After Hurricane Ike

Several school districts, cities and other government agencies are still waiting for a Texas insurer to pay nearly $60 million in claims from Hurricane Ike, adding to more insurance worries in the wake of Hurricane Harvey. The Texas Windstorm Insurance …

Gas Driller Wants Pennsylvania Homeowner to Pay for Disparaging Remarks

A gas driller argued in court Monday that it’s entitled to monetary damages from a Pennsylvania homeowner who continued bad-mouthing the company after settling his water-contamination lawsuit against it more than five years ago. Houston-based Cabot Oil & Gas Corp. …

Good Samaritan Exiting Vehicle to Assist Injured Person Still Occupies Insured Vehicle for UM Purposes

The Rhode Island Supreme Court in Hudson v. GEICO Insurance Agency, Inc., 161 A.3d 1150 (R.I. 2017) recently held, as a matter of first impression, that a passenger riding in an insured vehicle who exited the vehicle in order to …

Genex: Uncovering Hidden Data in the Workers’ Comp Bill Review Process

While several factors define a sophisticated bill review vendor, data analysis and reporting capabilities are becoming increasingly important in selecting the right vendor, according to a recent report released by Genex, a workers’ comp case management company. The white paper …

U.S. Meat, Poultry Workers Fear Retaliation for Reporting Workplace Injuries, Hazards

Workers at U.S. meat and poultry processing plants are reluctant to tell federal inspectors about injuries or workplace hazards amid concerns that they could lose their jobs, according to a government report. The Occupational Safety and Health Administration has difficulty …

Transforming Claims for the Digital Era

As insurers undertake digital transformation programs, many rightfully turn to the claims function. Claims is a very good candidate for such initiatives because of its importance to the relationship between customers and their insurers. Claimants and insurers both want speedy …

Ohio Lawmakers Say Driving Suspensions Overused, Fines High

Ohio lawmakers have accused the state of using driver’s license suspensions as an arbitrary punishment for offenses unrelated to driving while burying people under a pile of fees and fines. The state Legislature is considering multiple bills that could reinstate …