Monthly Archives: <span>March 2019</span>

Viewing Drones from an Insurance Claim Perspective

Do you own or know somebody who owns a drone? Think about this past year — have you had experiences where you encountered a drone? Perhaps you are attending an outside public event, going for a walk or dining on …

Mass. High Court Applies 6-Year Limit to Asbestos Illness Claims

The Massachusetts Supreme Judicial Court has ruled that a statute of repose barring many construction-related personal injury claims after a time limit of six years also applies to claims involving diseases with extended latency periods, such as asbestos-related illnesses. The …

Alabama High Court Backs $1.25 Million Wrongful Termination Settlement

The Alabama Supreme Court has upheld a lower court’s ruling that an Alabama man who was wrongfully terminated is entitled to seek lost future earnings totaling $1.25 million. The Hattiesburg American reported that the justices said Merchants Foodservice used faulty …

FDA Warns of Asbestos in Claire’s Cosmetics; Company Disputes Claim

The U.S. Food and Drug Administration called on Congress to modernize rules for cosmetics safety on Tuesday after it issued an alert warning consumers not to use three cosmetics products sold by Claire’s Stores Inc because they tested positive for …

Arizona Finds No Criminal Liability for Uber in Fatal 2018 Autonomous Car Crash

Uber Technologies Inc is not criminally liable in a March 2018 crash in Tempe, Arizona, in which one of the company’s self-driving cars struck and killed a pedestrian, prosecutors said on Tuesday. The Yavapai County Attorney said in a letter …

New York Subpoenas Broker About Trump Organization

New York’s insurance regulator issued a subpoena to the Trump Organization’s primary insurance broker, a person familiar with the matter said. It came just days after President Donald Trump’s former personal attorney testified to Congress that the president’s company sometimes …

Aon Quits Pursuit of Willis Towers Watson Merger

Aon Plc said it’s no longer pursuing a combination with rival insurance brokerage Willis Towers Watson Plc, a day after confirming that it was considering a tie-up. The company said on Tuesday that it was in the early stages of …

3-D Images, Surveillance Cameras Touted as Truth-Tellers for Claims Adjusters

The physician couldn’t tell what was causing the smudge on a CT scan of his wife’s lungs, so he referred her to a pulmonologist. That would likely have meant a two-week delay. Instead of waiting, Jorey Chernett, chief executive officer …

Demystifying Specialty, Wholesale, Surplus Lines and Specialty-Admitted Insurance

Subrogation professionals are often required to deal with a variety of insurance companies, including those admitted or licensed to transact business in a particular state and those which are not. Understanding the difference can assist the claims handler and subrogation …

How People Rationalize Bad Choices

When a reward is tempting enough, people will break their own moral codes to gain the desired prize. Afterward, they’ll tell you exactly how they were justified: “It wasn’t as if anyone was harmed,” “I was only borrowing …,” “My …