Claims Journal » News http://www.claimsjournal.com Insurance news and resources for the claims industry Fri, 24 Oct 2014 17:48:28 +0000 en-US hourly 1 http://wordpress.org/?v=3.9.2 Experience of Trainee an Issue in Metro-North Co-Worker’s Death http://www.claimsjournal.com/news/east/2014/10/24/256801.htm Fri, 24 Oct 2014 17:37:45 +0000 http://www.claimsjournal.com/?p=256801 Documents from federal investigators show managers at Metro-North Railroad questioned the experience of a trainee who reopened a track without proper approval shortly before a track foreman was killed in Connecticut last year. The Journal News reports Stephen Neville, deputy …

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Fireman Reported Trucker Was ‘Zombie’-Like After Fatal Bus Crash http://www.claimsjournal.com/news/southcentral/2014/10/24/256799.htm Fri, 24 Oct 2014 17:10:14 +0000 http://www.claimsjournal.com/?p=256799 Russell Staley stared out his broken windshield as darkness engulfed him and firefighters bearing chain saws cut through fallen trees to reach the passenger door of his tractor trailer. Staley had been heading north on Interstate 35 near Davis, Okla., …

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Fired Michigan Prison Food Worker Files Whistleblower Suit http://www.claimsjournal.com/news/midwest/2014/10/24/256797.htm Fri, 24 Oct 2014 17:02:20 +0000 http://www.claimsjournal.com/?p=256797 A fired Michigan prison food service worker has filed a whistleblower complaint, saying she lost her job for reporting falsified records and kitchen practices that endangered health and food safety. Amy McVay, 25, who worked at the Gus Harrison Correctional …

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Ohio Workers’ Comp Rates for Local Governments Declining http://www.claimsjournal.com/news/midwest/2014/10/24/256795.htm Fri, 24 Oct 2014 16:59:59 +0000 http://www.claimsjournal.com/?p=256795 Ohio public employers applauded an average 9.1 percent reduction in workers’ compensation rates for local governments that was approved by the Ohio Bureau of Workers’ Compensation (BWC) Board of Directors. The new rates covering 3,800 cities, counties, townships, villages, schools …

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Record Claims Likely to Increase Price of Insuring Planes Against Attack http://www.claimsjournal.com/news/national/2014/10/24/256787.htm Fri, 24 Oct 2014 16:09:02 +0000 http://www.claimsjournal.com/?p=256787 Insurers worldwide are going to have to pay up to a record $800 million to cover the damage done by attacks on airplanes this year, driving prices up and drawing rivals into the market. The hefty bill dwarfs the $60-$90 …

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India’s Damage From Hudhud Could Cost Insurers Up to $400M http://www.claimsjournal.com/news/international/2014/10/24/256785.htm Fri, 24 Oct 2014 16:05:20 +0000 http://www.claimsjournal.com/?p=256785 Cyclone Hudhud, which hit India’s east coast last week, probably cost insurers $100 million to $400 million, modeling firm AIR Worldwide said. The storm damaged transportation infrastructure, power supply systems and more than 40,000 homes, the Boston-based modeler said in …

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Western World’s CEO Mulligan Retiring; COO Livingston to Fill Slot http://www.claimsjournal.com/news/national/2014/10/24/256783.htm Fri, 24 Oct 2014 16:03:04 +0000 http://www.claimsjournal.com/?p=256783 Western World Insurance Group announced Monday that Thomas F. Mulligan, President and Chief Executive Officer, is retiring effective Jan. 1, 2015, ending a 33-year span of continuous service. On Oct. 2, 2014, Western World was acquired by Validus Holdings, Ltd., …

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Eight Insurers Receive Top Marks on Climate Risk: Ceres http://www.claimsjournal.com/news/international/2014/10/24/256781.htm Fri, 24 Oct 2014 16:01:18 +0000 http://www.claimsjournal.com/?p=256781 Munich Re and Ace Ltd. are among insurers that are best prepared to manage risks related to climate change, a lobbying group said. The nine insurers that were found to be integrating climate change into underwriting and investments also included …

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Gallagher Bassett Reports $298M Workers’ Comp Claims Savings in South Australia http://www.claimsjournal.com/news/international/2014/10/24/256779.htm Fri, 24 Oct 2014 15:46:10 +0000 http://www.claimsjournal.com/?p=256779 Gallagher Bassett entered the South Australian workers’ compensation market in early 2013 and reports an actuarial release on claims liability of $298 million in the workers’ compensation market for the 2013/2014 financial year. The release can be attributed to active …

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Mississippi County Wants Insurer to Cover Embezzled Funds http://www.claimsjournal.com/news/southeast/2014/10/24/256777.htm Fri, 24 Oct 2014 15:34:31 +0000 http://www.claimsjournal.com/?p=256777 Adams County officials are expecting an insurance policy to cover the $165,000 allegedly embezzled from its juvenile justice center. Board of Supervisors Attorney Scott Slover tells The Natchez Democrat the insurance should cover 100 percent of the loss. The case …

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Changes in Law Help Bring Down ‘Patent Trolls’ http://www.claimsjournal.com/news/national/2014/10/24/256775.htm Fri, 24 Oct 2014 15:31:31 +0000 http://www.claimsjournal.com/?p=256775 For two decades, companies that buy software patents to sue technology giants have been the scourge of Silicon Valley. Reviled as patent trolls, they have attacked everything from Google’s online ads to Apple’s iPhone features, sometimes winning hundreds of millions …

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Wall Crushes Homes in Nicaragua After Heavy Rain http://www.claimsjournal.com/news/international/2014/10/24/256772.htm Fri, 24 Oct 2014 14:31:15 +0000 http://www.claimsjournal.com/?p=256772 A Nicaragua government official says nine people have died when a wall collapsed in heavy rains, crushing five homes in the capital city of Managua. Managua Secretary General Fidel Moreno says the collapse happened in an hour of heavy rain …

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Car Thieves Lead Illinois Police on High Speed Chase http://www.claimsjournal.com/news/midwest/2014/10/24/256770.htm Fri, 24 Oct 2014 14:28:17 +0000 http://www.claimsjournal.com/?p=256770 Police are investigating after thieves stole four cars from a southern Illinois dealership and led officers on a high-speed chase. Police said Wednesday two Dodge Challengers, a Ford Mustang and a Ford Focus were taken from a Nashville dealership Tuesday. …

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Search for Two Tennessee Cattle Thieves http://www.claimsjournal.com/news/southeast/2014/10/24/256768.htm Fri, 24 Oct 2014 14:26:00 +0000 http://www.claimsjournal.com/?p=256768 Police in southern Tennessee are searching for two men they say took thousands of dollars in cows and sold them in Kentucky. Arrest warrants have been issued for 22-year-old Gerald Mimms and 36-year-old Brian Reeves. Authorities told WKRN-TV in Nashville …

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Good Weather Limits Use of New Weather Alerts http://www.claimsjournal.com/news/national/2014/10/24/256766.htm Fri, 24 Oct 2014 14:23:55 +0000 http://www.claimsjournal.com/?p=256766 The Storm Prediction Center has two new threat levels for its weather outlooks, but the weather is too nice for anyone to really notice. Effective Wednesday, the center can say if days with a “slight risk” of severe weather should …

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