Monthly Archives: <span>February 2016</span>

I.I.I.: The Role Insurance Plays in Movies

Before the cameras started to roll for Best Picture nominees like The Revenant and Mad Max: Fury Road, the producers purchased insurance coverage to protect their substantial financial investment in the film, according to the Insurance Information Institute (I.I.I.) “Severe …

Business Moves

Safety National Forms Safety Specialty Insurance Company Safety National Casualty Corporation acquired an excess and surplus company that will begin operations in March 2016 as Safety Specialty Insurance Company (SSIC). Safety Specialty will initially focus on complementing Safety National’s public …

Michigan Says it Trumps California in Quest for Robot-Car Test Dollars

Michigan and California, vying for control of our driverless future, are each proposing crumbling World War II military sites as ideal locations to test robot cars. Michigan’s secret weapon? Better potholes. The Great Lakes state plans to make a test …

Researchers, Jurors Differ on Talc Cancer Risk

A U.S. jury verdict linking regular use of Johnson & Johnson talcum powder to a woman’s death from ovarian cancer has spurred new concern from consumers, but scientists say the evidence of real danger is inconclusive at best. Jurors in …

FAA Willing to Consider Private Air Traffic Control System

The U.S. Federal Aviation Administration is reviewing a House Republican plan to spin off the nation’s air- traffic control system to a nonprofit corporation and hasn’t rejected the idea. FAA Administrator Michael Huerta, speaking Tuesday at the Singapore Airshow, said …

J.D. Power: Property Insurance Claim Satisfaction Slips for the First Time in 5 Years

Customer satisfaction among homeowners filing a property claim has slipped for the first time in five years, largely driven by declines in satisfaction with the total settlement and service interactions, according to the J.D. Power 2016 U.S. Property Claims Satisfaction …

Fraud News Around the Nation

Wyoming Man to Serve Probation for Workers’ Compensation Fraud A Sheridan man accused of collecting disability payments while working for a tree service company has entered a no contest plea to one count of workers compensation fraud. The Sheridan Press …

State of the Art Care Offered to Washington Workers Dealing With Amputation

Amputations are among the worst on-the-job injuries. Each year, about 25 workers in Washington suffer from amputations so serious — lost arms, hands, legs or feet — that they require ongoing specialized care. The medical care and assistance these injured …

Gun Maker Wants Lawsuit Over Newtown School Shooting Dismissed

Lawyers for a gun maker and families of some Sandy Hook Elementary School massacre victims squared off in a Connecticut courtroom Monday over whether a federal law prevents the families’ wrongful death lawsuit targeting the AR-15 rifle used to kill …

Former Miss America Contestant Dies Due to Injuries Sustained in Car Crash

A former Miss America contestant died early Monday, a week after her car spun off a New Jersey highway and crashed into trees. Cara McCollum died at Cooper University Hospital, according to Frank DiMauro, chief operating officer of the TV …