News – Claims Journal

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So far News – Claims Journal has created 19 blog entries.
23 01, 2020

Past Decade’s Natural Disasters Broke Records for Economic, Insured Losses

By | January 23rd, 2020|Uncategorized|Comments Off on Past Decade’s Natural Disasters Broke Records for Economic, Insured Losses

The past decade broke new records in terms of economic damages and insured losses, according to Aon’s latest catastrophe report. The costs to global economies reached US$2.98 trillion between 2010 and 2019, which was US$1.19 trillion higher than 2000-2009, said …

22 01, 2020

Family Sues Hawaii School Over 5-Year-Old Boy’s Death While Kayaking

By | January 22nd, 2020|Uncategorized|Comments Off on Family Sues Hawaii School Over 5-Year-Old Boy’s Death While Kayaking

HONOLULU — The family of a 5-year-old boy who died on a kayaking excursion filed a lawsuit against the school that conducted the trip. The family of Alaric Chiu filed the lawsuit Thursday against Mid-Pacific Institute citing reckless behavior and …

23 01, 2020

Toyota to Recall 3.4 Million Vehicles Over Defect in Air Bags

By | January 23rd, 2020|Uncategorized|Comments Off on Toyota to Recall 3.4 Million Vehicles Over Defect in Air Bags

Toyota Motor Corp. said on Tuesday it will recall 3.4 million vehicles worldwide because of an electronic defect that can result in air bags not deploying in crashes. The recall, which includes 2.9 million U.S. vehicles, covers 2011-2019 Corolla, 2011-2013 …

22 01, 2020

Business News: RiskStream, Sedgwick, Clara Analytics

By | January 22nd, 2020|Uncategorized|Comments Off on Business News: RiskStream, Sedgwick, Clara Analytics

RiskStream Launches Innovation Lab The RiskStream Collaborative, a consortium of insurers that making a joint investment in blockchain technology, has created a new entity that will work with insurers, non-insurance organizations and governmental agencies that are looking to explore targeted …

23 01, 2020

Ransomware Claims Driving Up Cyber Insurance Costs

By | January 23rd, 2020|Uncategorized|Comments Off on Ransomware Claims Driving Up Cyber Insurance Costs

U.S. insurers are ramping up cyber-insurance rates by as much as 25% and trying to curb exposure to vulnerable customers after a surge of costly claims, industry sources said. The changes follow a challenging year of hackers using malicious programs, …

24 01, 2020

Reuters Report: How Secrecy in Courts Stymies Product Safety Regulation

By | January 24th, 2020|Uncategorized|Comments Off on Reuters Report: How Secrecy in Courts Stymies Product Safety Regulation

LEBANON, Ohio — Something wasn’t right with the Rhino. Reports started trickling in to the Consumer Product Safety Commission (CPSC) in 2005 of people being killed or injured in the Yamaha Motor Co. off-road vehicles when they tipped over. But …

17 01, 2020

South Dakota Townships Face Financial Woes After 2019 Floods

By | January 17th, 2020|Uncategorized|Comments Off on South Dakota Townships Face Financial Woes After 2019 Floods

SIOUX FALLS, S.D. — Townships in South Dakota are facing economic difficulties as 2019 flood repair costs mount. Townships primarily depend on their taxpayers for funds to repair more than 31,000 miles (50,000 kilometers) of roads while they wait for …

17 01, 2020

Northwest Hit With More Snow, Wind, Power Outages, Two Rescued

By | January 17th, 2020|Uncategorized|Comments Off on Northwest Hit With More Snow, Wind, Power Outages, Two Rescued

SKYKOMISH, Wash. — More snow fell in the Northwest through Wednesday, causing Washington state officials to send food, water and fuel to an area hit hard northeast of Seattle and resulting in a hourslong rescue of a stranded couple southwest …

10 01, 2020

Woman Sues Uber for $1M, Alleging Sexual Assault by Driver

By | January 10th, 2020|Uncategorized|Comments Off on Woman Sues Uber for $1M, Alleging Sexual Assault by Driver

PORTLAND, Ore. — A Hillsboro woman is seeking more than $1 million from the ride-hailing company Uber, alleging she was sexually assaulted by one of the company’s drivers in 2018. The Oregonian/OregonLive reports the woman filed a lawsuit against Uber …

17 10, 2019

New Pratt Engine Checks After Swiss A220 Diverts To Paris

By | October 17th, 2019|Uncategorized|Comments Off on New Pratt Engine Checks After Swiss A220 Diverts To Paris

PARIS/VIENNA — Pratt & Whitney recommended checks on engines on Airbus A220 aircraft and some Embraer jets after a Geneva-bound Swiss jet diverted to Paris with an engine problem, prompting the grounding of the rest of the airline’s A220 fleet. …