Monthly Archives: <span>February 2024</span>

Florida High Court Says Appraisals Can Be Compelled Before Coverage Decided

The Florida Supreme Court has resolved a conflict between differing appeals court decisions, deciding that property insurers can be compelled to submit to the appraisal process long before causation, coverage and misrepresentation issues are settled in claims disputes. “For the …

States Strike Two Opioid Deals Raising $500 Million for Crisis

An opioid manufacturer and an advertising firm that aggressively marketed the painkillers for a decade struck separate deals with states on Thursday totaling $500 million, injecting fresh cash into the nationwide effort to tackle the fallout from the ongoing addiction …

Nevada Tops States Where Energy Workers Get Highest Compensation Pay-Outs

Nevada tops states in a new study of states in which current and former employees of the Department of Energy received the highest average payout in monetary compensation and paid medical bills after suffering illnesses as a result of being …

Boeing Is Sued by Shareholders Following MAX 9 Blowout

Boeing has been sued by shareholders who said the company prioritized profit over safety and misled them about its commitment to making safe aircraft, prior to the Jan. 5 mid-air cabin panel blowout on an Alaskan Airlines 737 MAX 9. …

Study: Most Common Violations Following Fatal Crashes was Reckless Driving

A study using data from the National Highway Traffic Safety Administration into offenses that drivers involved in deadly crashes are most likely to be charged with shows the most common charge is reckless driving, followed by license and registration violations. …

Inpatient Hospitalizations in California Workers’ Comp Declined 51%, Study Shows

The number of inpatient hospitalizations in the California workers’ compensation system declined 51.1% between 2012 and 2022, a new report shows. The trend was driven by declining claim volume, technological advances and changes in Medicare rules that allow more outpatient …

California’s Landmark Climate Disclosure Laws Challenged by Business Groups

Major U.S. business groups sued California on Tuesday seeking to overturn the state’s new sweeping climate disclosure laws that require companies to publicly report their greenhouse gas emissions and climate-related financial risks. The lawsuit was filed in Los Angeles federal …

California Braces for Floods and Snow as Big Storm Nears Coast

The first of two large moisture streams are coming ashore in Northern California and will spread rain further south through Thursday. Northern California will likely receive 3 to 5 inches (7.6 to 12.7 cm) of rain, while central areas are …

GSK Settles Zantac Case Weeks Before Trial Was Set to Begin

GSK Plc has settled a US lawsuit on heartburn medicine Zantac just weeks before the case was due to be heard in a court in California. The British drugmaker said it had reached a confidential settlement with David Browne and …

Report: Top AI Trends for Insurers in 2024 Include Claims, Other Insurance Processes

Insurers are prepared for artificial intelligence to move beyond task automation and machine learning to advanced uses in 2024, a new report examining the industry and how it’s using AI shows. The report from Xceedance, a provider of operations support, …