Subrogation is the legal doctrine which allows one party, usually an insurance company, that pays a loss by its insured which was caused by a third party, to take over the rights of its insured against the third party and …
Authorities closed off a popular bay on an Adirondack lake to boaters Monday, scuttling an annual alcohol-fueled party from being held there a year after a fatal boat crash followed the New York event last summer. Dave Wick, executive director …
The biggest gas storage facility in the West resumed operations Monday, nearly two years after a blowout led to the nation’s largest-known methane release and drove thousands of families from their Los Angeles homes. Southern California Gas. Co. said it …
Beazley, a cyber and data breach response global insurance provider, released its Beazley Breach Insights findings based on its client data in the first six months of 2017. Ransomware attacks continued their rise in the first half of 2017, up …
The owner of a 72,000-square-foot (6690-sq. meter), five-story mansion in southwestern Missouri has settled a lawsuit against the supplier of concrete used to build the 13-bedroom castle-style behemoth. The July 21 settlement avoided a jury trial that was scheduled to …
The families of five Washington state high school students shot in a high school cafeteria in 2014 have settled a lawsuit against the school district’s insurance company for $18 million. Attorney Lincoln Beauregard, who represented the plaintiffs, said the settlement …
The last month of summer could bring a spike in motorcycle claims, according to American Modern Insurance Group. The insurer reports that of the 60,400 motorcycles it insures, 570 were involved in crashes in August 2015 and 2016. Many motorcycle …
With emerging automated driving technology, self-driving cars may soon have the capability to talk to each other and form a platoon on a highway. The vehicle at the very front of the platoon controls the speed. The following vehicles then …
The Federal Emergency Management Agency should take back $2 billion dollars in grants approved to fix New Orleans sewers and water pipes damaged by Hurricane Katrina, and to repair streets afterward, a federal audit says. FEMA says no. The Department …
Federal legislation was again introduced to streamline the claims process during disasters by offering model adjuster licensing and testing requirements to states. Originally introduced in 2012 by Representative Stephen Lee Fincher in the house as H.R. 6415 and then reintroduced …