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07, 2016
Hazard Warnings: Who Should Be Warned to Do What and When?
A group of risk experts is proposing a new framework to improve the effectiveness of public warnings when a hurricane, wildfire, toxic chemical spill or any other environmental hazard threatens safety. Right now, “the potential for errors is high” when …
27
07, 2016
Louisiana Recovers More Than $3.7M for Insurance Consumers
Louisiana consumers have received more than $3.7 million in recovered funds from their insurance companies in the first half of the year thanks to assistance from the Louisiana Department of Insurance (LDI). “Over the last five years, we have been …
29
07, 2016
AXA, Alibaba and Ant Financial Services Form Global Strategic Partnership
AXA, Alibaba and Ant Financial Services have formed a global strategic partnership to explore opportunities to distribute AXA’s insurance products and services through Alibaba’s global e-commerce platforms. The companies plan to work together to develop products and services, while developing …
28
07, 2016
Louisiana State Police Arrest 8 for Insurance Fraud, Staged Accidents
Louisiana State Police say eight people have been arrested in connection with an alleged insurance fraud scheme involving staged traffic crashes in Jefferson Davis Parish. A state police news release says the investigation began earlier this year. It found that a …
29
07, 2016
Hartford Net Income Down 48% in Q2 on Weakened Underwriting Results, Investment Income
The Hartford reported net income of $216 million in second quarter 2016 ended June 30, a decrease of $197 million or 48 percent from second quarter 2015, principally due to lower property/casualty underwriting results and lower net investment income. The …
27
07, 2016
West Virginia Funeral Home Ordered to Reimburse Insurer for False Death Claims
A federal judge has ruled for an insurance company in its case against the operators of a funeral home in Putnam County, West Virginia, accused of filing false death claims on behalf of pre-need contract customers who weren’t actually dead. …
29
07, 2016
U.S. Moves to Guard Blood Supply After Reports of Zika Virus in Florida
The U.S. Food and Drug Administration has ordered all blood collection centers in Florida’s Miami-Dade and Broward counties to stop collecting blood as state health department officials continue to investigate four possible cases of local transmission of the Zika virus. …
28
07, 2016
Federal Judge Orders St. Louis to Pay $1.5M in False Arrest Case
The city of St. Louis has been ordered to pay nearly $1.5 million in damages to a man falsely arrested 14 years ago. The St. Louis Post-Dispatch reports that the July 26 ruling by a federal judge could end a …
27
07, 2016
After 4 More Illnesses, General Mills Expands Flour Recall
General Mills is expanding a flour recall issued over a possible link to an E. coli outbreak after four new illnesses were reported. The recall announced July 25 covers several varieties of Gold Medal and Signature Kitchens flour produced on …
28
07, 2016
Nabors Industries, C&J Energy Services Sued for Racial Harassment, Retaliation
Alleged racial harassment and retaliation at a Texas work site has led to lawsuit filed against two oilfield services companies by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. The EEOC says Bermuda-based oilfield services companies Nabors …