News Archives - Claims Journal

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24 06, 2022

Toyota, Subaru Shares Drop on “Embarrassing” Recalls of First EVs

By | June 24th, 2022|Uncategorized|Comments Off on Toyota, Subaru Shares Drop on “Embarrassing” Recalls of First EVs

TOKYO —Toyota Motor shares slipped after it recalled some of its first mass-made all-electric cars, launched two months ago, because of a risk of wheels coming loose, a setback to its ambitions to electrify its model range. Toyota, the world’s …

24 06, 2022

Hertz Makes Settlement Offers to End False Arrest Lawsuits

By | June 24th, 2022|Uncategorized|Comments Off on Hertz Makes Settlement Offers to End False Arrest Lawsuits

Hertz Corp. has offered to settle about three dozen cases filed by renters that say they were wrongly arrested for auto theft, the company said.The settlement push comes after Colleen Batcheler took over as general counsel for the rental company. …

23 06, 2022

Europe Wildfire Risk Heightened by Early Heat Waves, Drought

By | June 23rd, 2022|Uncategorized|Comments Off on Europe Wildfire Risk Heightened by Early Heat Waves, Drought

MADRID (AP) — Extended drought conditions in several Mediterranean countries, a heat wave last week that reached northern Germany and high fuel costs for aircraft needed to fight wildfires have heightened concerns across Europe this summer. And it’s only June. …

23 06, 2022

South China Floods Force Tens of Thousands to Evacuate

By | June 23rd, 2022|Uncategorized|Comments Off on South China Floods Force Tens of Thousands to Evacuate

BEIJING (AP) — Major flooding has forced the evacuation of tens of thousands of people in southern China, with more rain expected. The manufacturing hub of Guangdong suspended classes, office work and public transport amid rising waters and the threat …

23 06, 2022

Unlocked Doors Were ‘First Line of Defense’ at Uvalde School

By | June 23rd, 2022|Uncategorized|Comments Off on Unlocked Doors Were ‘First Line of Defense’ at Uvalde School

The Uvalde massacre began after the 18-year-old gunman entered the school through a door that could only be locked from the outside and then got inside a classroom that had a busted lock, experts testified Tuesday. Securing doors has long …

24 06, 2022

Special Report: How a Bankruptcy ‘Innovation’ Halted Thousands of Lawsuits

By | June 24th, 2022|Uncategorized|Comments Off on Special Report: How a Bankruptcy ‘Innovation’ Halted Thousands of Lawsuits

Attorney Greg Gordon sat before a packed hotel ballroom of bankruptcy lawyers who had come to hear him hold court on his pioneering strategy for companies seeking to dodge billion-dollar lawsuits: the “Texas two-step.” The tactic has made the Jones …

13 06, 2022

Claims Business: Insight Risk, ClaimBender and Latitude Subrogation

By | June 13th, 2022|Uncategorized|Comments Off on Claims Business: Insight Risk, ClaimBender and Latitude Subrogation

New MGA Peddling Water Loss Sensors A New York City-based managing general agent is bundling builders risk insurance policies with sensors to detect leaks and prevent water damage, a significant source of claims. Insight Risk said when a contractor buys …

13 06, 2022

Claims People: Verisk, Athens Administrators, WCI

By | June 13th, 2022|Uncategorized|Comments Off on Claims People: Verisk, Athens Administrators, WCI

Verisk Appoints Claims Solutions President Verisk announced that Maroun Mourad will succeed Rich Della Rocca as president, claims solutions on July 1. “We have a deep and talented bench of executives at Verisk, and Maroun was selected from a strong …

10 06, 2022

Fire Caused by Suspected Arson in S. Korea Kills at Least 7

By | June 10th, 2022|Uncategorized|Comments Off on Fire Caused by Suspected Arson in S. Korea Kills at Least 7

SEOUL, South Korea (AP) _ A fire caused by suspected arson spread through an office building Thursday in South Korea’s Daegu city, killing at least seven people and injuring dozens, fire and police officials said. Dozens of firefighters and vehicles …

10 06, 2022

3 Dead After Highway Crashes During Stormy Arkansas Weather

By | June 10th, 2022|Uncategorized|Comments Off on 3 Dead After Highway Crashes During Stormy Arkansas Weather

FRIENDSHIP, Ark. (AP) — Traffic remained blocked Thursday morning in westbound lanes of heavily traveled Interstate 30 in southwestern Arkansas, where at least three people were killed the previous day during a series of crashes that happened during stormy weather, …