Jim Sams

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About Jim Sams

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So far Jim Sams has created 67 blog entries.
22 05, 2020

Not All Homes in Wildfire Zones Are Uninsurable. Here’s How Insurers Can Tell.

By | May 22nd, 2020|Uncategorized|Comments Off on Not All Homes in Wildfire Zones Are Uninsurable. Here’s How Insurers Can Tell.

Fire-risk scores now used by insurance underwriters can sometimes can make it challenging for homeowners to find coverage. Zesty.ai, a California insurtech start-up, is among a handful of firms working to fine-tune fire-risk scores so that some homeowners have a …

15 05, 2020

Business Interruption Claimants Like How Some Localities Worded Emergency Orders

By | May 15th, 2020|Uncategorized|Comments Off on Business Interruption Claimants Like How Some Localities Worded Emergency Orders

Cities and counties across the country may have handed plaintiff’s attorneys an argument to use in lawsuits against insurers that seek business-interruption coverage for losses caused by coronavirus closure orders. Jurisdictions as far asunder as Los Angeles, Calif. and Key …

12 05, 2020

Workers’ Comp May Need Backstop as Presumptions Push Claim Costs into Billions

By | May 12th, 2020|Uncategorized|Comments Off on Workers’ Comp May Need Backstop as Presumptions Push Claim Costs into Billions

An executive order by California Gov. Gavin Newsom last week is the most aggressive yet among the directives issued by 13 states that require workers’ compensation insurers to pay at least some COVID-19 claims. Pressure is growing on workers’ compensation …

6 05, 2020

What to Expect in Workers’ Compensation Costs From COVID-19: NCCI

By | May 6th, 2020|Uncategorized|Comments Off on What to Expect in Workers’ Compensation Costs From COVID-19: NCCI

If only 10 percent of health care workers contract COVID-19 and all of their claims are deemed compensable, workers’ compensation loss costs for that sector could double or even triple in some states, according to an analysis by the National …

10 01, 2020

Accident Reports Now Ready Minutes After Crash on Smartphone, Says Telematics Firm

By | January 10th, 2020|Uncategorized|Comments Off on Accident Reports Now Ready Minutes After Crash on Smartphone, Says Telematics Firm

The company that helped make driver safety monitoring ubiquitous among auto insurers is now offering a product that can write accident reports within minutes of a crash. Cambridge Mobile Telematics (CMT) announced the launch of Claims Studio, an accident reporting …

30 12, 2019

Court Upholds Insurers’ Auto Body Repair Networks Against Racketeering Claim

By | December 30th, 2019|Uncategorized|Comments Off on Court Upholds Insurers’ Auto Body Repair Networks Against Racketeering Claim

A federal appellate court affirmed a decision to throw out a racketeering lawsuit brought by a group of 126 auto body collision repair shops against seven of the largest U.S. insurers. The 11th Circuit Court of Appeals in Atlanta agreed …

20 12, 2019

Mass. High Court Upholds Consent-to-Settle Clause in Malpractice Policy

By | December 20th, 2019|Uncategorized|Comments Off on Mass. High Court Upholds Consent-to-Settle Clause in Malpractice Policy

Massachusetts’ highest court on Monday rejected arguments that consent-to-settle clauses in professional malpractice insurance policies violate public policy. The Supreme Judicial Court sided with CNA subsidiary Continental Casualty Co. in an engineering malpractice lawsuit brought against homeowners Douglas and Kristen …