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Connecticut Homeowners Support Bill for Bad Foundations Fund

Connecticut homeowners said they need additional financial assistance to help with crumbling home foundations that threaten to collapse their houses. Dozens of homeowners arrived in Hartford on Monday to support a bill that proposes every insurance company cover the peril …

Business News: XL Catlin, NCCI, Access Insurance, Starr Companies

XL Catlin Offers Online Notification Option for Marine Claims in North America To help clients quickly and easily submit notification of their Marine insurance claims, XL Catlin has adopted an online claims reporting tool in the North America. Powered by …

Uber Disabled Volvo SUV’s Safety System Before Deadly Crash

Uber Technologies Inc. disabled the standard collision-avoidance technology in the Volvo SUV that struck and killed a woman in Arizona last week, according to the auto-parts maker that supplied the vehicle’s radar and camera. “We don’t want people to be …

Nashville Mall Damaged in 2010 Flood Seeks More Insurance Money

The owners of Opry Mills are asking the Tennessee Supreme Court to reverse a ruling that reduced their 2010 flood insurance coverage from $200 to $50 million. Severe flooding closed the Nashville, Tenn., shopping mall for an extended period. After …

Iowa Family’s Death Tied to Gas Asphyxiation at Mexican Resort

Autopsies indicate an Iowa couple and their two children died from inhaling toxic gas at a rented condo on Mexico’s Caribbean coast, but there was no sign of foul play or suicide, Mexican authorities said Saturday. The prosecutors’ office in …

Fitch: P/C Carriers Face First Underwriting Loss in 6 Years

Property and casualty (re)insurers (P&C) endured a trying 2017 with a compilation of latest financial results for a group of public companies showing an aggregate underwriting loss for the first time since 2011, according to Fitch Ratings in a new …

Passenger Safety Tether May Have Caused Deadly NY Copter Crash

The pilot of the photo-tour helicopter that crash-landed in New York’s East River this month said a safety tether designed to keep passengers inside the open-door flight may have accidentally shut off the craft’s fuel, causing it to lose power. …

Uber Crash Highlights the Odd Job of Autonomous Vehicle Safety Driver

This week’s fatal crash involving a self-driving Uber SUV in Arizona drew attention to a new employment category that barely existed a few years ago: the autonomous vehicle safety driver. In Arizona alone, more than 600 autonomous vehicles are being …

HSB: A Third of U.S. Consumers Have Been Notified of a Data Breach

About one-third of U.S. consumers (34 percent) have been notified that their data has been breached, according to a survey released by The Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re, and one in five have …

Commentary: Workers’ Comp Can Benefit From Drug Formularies

With issues like the opioid crisis and inflating drug costs at the forefront of discussion in workers’ compensation, several states, including Indiana and Pennsylvania, are currently considering legislation to establish workers’ compensation drug formularies. Some debate has arisen as to …

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