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Massachusetts Court Affirms Interest Formula in Workers’ Comp Claims

The Massachusetts Appeals Court has affirmed the Department of Industrial Accidents (DIA) reviewing board’s decision in a case involving how interest should be assessed on unpaid workers’ compensation claims. The DIA is responsible for overseeing the workers’ compensation system in …

Ohio Governor Says Manufactured Homes Should Be Regulated

Ohio Gov. John Kasich believes too many people are dying in manufactured homes, and he wants oversight of those homes transferred from an industry-controlled board to the state. Statistics compiled by the State Fire Marshal’s office show people living in …

Joe Montana Sues San Francisco Sinking Luxury Tower Developer

Former San Francisco 49er Joe Montana has filed a lawsuit against the developers of a luxury high-rise condominium tower that is sinking at an unexpected rate. San Jose television station KNTV reports Montana filed the last suit last week alleging …

Side Effects Aren’t Always Discovered Prior to FDA Drug Approval

Almost one-third of new drugs approved by U.S. regulators over a decade ended up years later with warnings about unexpected, sometimes life-threatening side effects or complications, a new analysis found. The results covered all 222 prescription drugs approved by the …

Business News: Gallagher Bassett, BetterView, Crum & Forster

Gallagher Bassett Consolidates Catastrophe Response Services Just two weeks after the category four Tropical Cyclone Debbie impacted Queensland and NSW at the end of March, Gallagher Bassett’s Brisbane-based catastrophe response team had doubled in size to assist in the delivery …

Separate Lanes, Laws Aren’t Enough to Stop Bicycle Dooring Incidents

Despite dooring laws in 41 states and designated bike lanes in cities across the country, dooring incidents continue to cause concern. A recent report by the Illinois Department of Transportation indicates more than 300 reported cases dooring – bikes hitting …

Surge in Sinkholes Nationwide Tied to Deteriorating Infrastructure

Dora Linda Nishihara was driving in San Antonio one dark evening in early December when she suddenly disappeared from sight. Later, her car, with her body inside, was found at the bottom of a 12-foot-deep water-filled sinkhole that had swallowed …

Verisk: Faulty Application Info Can Erode Auto Insurers’ Bottom Line

Erroneous policy information from customers and agents, whether by accident or intent, can distort actual risk and take a heavy toll on auto insurers’ underwriting results. Research conducted by Verisk Analytics for three large insurers found deteriorating application integrity contributed …

Biometrics Could Make Passwords a Thing of the Past

Headlines about mass data breaches have become ominously routine, and yet password convenience still trumps security for most people. That’s why, year after year, the world’s most popular log-on remains “123456,” a password so obvious it accounted for 17 percent …

Fears of Hacking Increase Demand for Cyber Insurance

For companies and organizations, an attack by hackers can inflict financial losses, corporate embarrassment and legal action. For insurers jumping into the brave new world of cyber crime insurance, it’s free marketing for what could be a $10 billion opportunity. …

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