Institutional attack, reptile theory and rules of the road are three recent bad faith trends, according to Douglas Wood, partner and Insurance Group Practice leader for Morris, Polich and Purdy. Purdy, sat down with Claims Journal during the most recent …
The frequency of M&A insurance claims is rising as large deals prove risky and the average payout on the most severe category of claims tops $20 million, according to an American International Group, Inc. study of its representation and warranty …
A Texas woman has been awarded $760,000 after she was badly injured in a skydiving accident in Oklahoma. Makenzie Wethington was 16 in January 2014 when her parachute malfunctioned and she fell more than 3,000 feet to the ground in …
In the first legislative session after a school bus wreck in Chattanooga killed six children, Tennessee lawmakers are advancing bills to improve safety, including one measure that would require seatbelts on new buses. On Tuesday, a House committee advanced the …
The U.S. order prohibiting passengers from carrying laptop computers and other electronics into the cabins of some overseas flights is raising concerns about a risk unrelated to terror: the potential for those devices’ lithium-based batteries to catch fire in the …
Travelers Offers Customers Cybersecurity Services from Symantec The Travelers Companies, Inc. recently announced that it is making pre-breach cybersecurity services from Symantec Corp. available to eligible Travelers cyber policyholders. Symantec, a global provider of cybersecurity solutions, will offer a cyber …
Frustrated with automated answering machines before you finally get to speak with a customer service representative? When it comes to insurance, you’ll just as likely end up dealing with a robot as a human within three years, according to a …
A unanimous Supreme Court on Tuesday sided with Goodyear Rubber & Tire Co. in a dispute over a $2.7 million penalty the company was ordered to pay an Arizona family to reimburse their legal fees in a personal injury case. …
Fatalities among workers in the landscaping industry are a growing concern in the Southeast. From 2012 to 2016, 64 people employed in the industry in Alabama, Florida, Georgia and Mississippi died as a result of workplace injuries. In Florida, industry …
The U.S. Supreme Court on Monday rejected a Florida man’s latest appeal in a landmark case involving the seizure and destruction of his floating home. The justices denied without comment Fane Lozman’s petition asking them to enforce their 2013 ruling …