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News – Claims Journal

Survivors Continue to Mourn as Grenfell Tower Inquiry Begins in London
Survivors of a devastating high-rise fire in London wept Monday as relatives paid tribute to some of the 72 victims at the opening of an inquiry into Britain’s deadliest blaze in decades. The Grenfell Tower inquiry is beginning with two …

POSTED MAY 25, 2018 9:59 AM
People News: Aon, Farmers, Zurich NA
Aon Names CEO of Captive & Insurance Management Business Aon named John English chief executive officer, Aon Captive & Insurance Management effective June 1, 2018. English is currently chief operating officer of Aon Captive & Insurance Management & managing director …

POSTED MAY 25, 2018 9:57 AM
ALI Approves Restatement of the Law, Liability Insurance
ALI members voted at The American Law Institute’s 2018 Annual Meeting to approve Restatement of the Law, Liability Insurance. The project reporters are Tom Baker of the University of Pennsylvania Law School and Associate Reporter Kyle D. Logue of Michigan …

POSTED MAY 25, 2018 9:21 AM
Officials Implement Policy Change After 2017 Georgia Bridge Collapse
The kind of materials that fed a fire below a metro Atlanta, Ga., highway overpass which collapsed last year will no longer be stored under state bridges, officials said. The Georgia Department of Transportation has officially declared that “only non-combustible …

POSTED MAY 25, 2018 9:11 AM
Florida Arson Ring Busted
Operation Rent-To-Burn: $187,000 Arson-for-Profit Crime Ring Taken Down Three Florida residents were arrested following a joint investigation conducted by the Miami-Dade Police Department’s Economic Crimes Bureau Arson Squad and CFO Jimmy Patronis’ Bureau of Fire and Arson Investigations. Yamina Grafal, …

POSTED MAY 25, 2018 8:33 AM
Robot Ride Fears Escalate Following High-Profile Roadway Deaths
Consumer trust in self-driving cars has plummeted following high-profile roadway fatalities, with almost three-quarters of Americans now saying they are too afraid to ride in an autonomous vehicle, according to a new survey. The survey by the American Automobile Association …

POSTED MAY 25, 2018 8:20 AM
Business News: Lemonade, CoreLogic
Lemonade Launches World’s First ‘Open Source’ Insurance Policy Lemonade, the insurance company powered by artificial intelligence and behavioral economics, announced it has rewritten the generations-old insurance policy. The new insurance policy, called Policy 2.0, will be open for edits from …

POSTED MAY 24, 2018 9:30 AM
Americans Remain Concerned That AI Will Hurt Jobs
Will artificial intelligence ultimately help or hurt U.S. workers? A Brookings Institution survey offers fresh fodder for the debate, showing opinion is heavily tilted against AI at a time companies are increasingly looking for ways to include it in everything …

POSTED MAY 24, 2018 9:23 AM
Volcanic Eruption a Reminder That Insurance May Not Cover Everything
The eruption of Mount Kilauea in Hawaii is a reminder to business owners, even those nowhere near any of the 169 volcanoes in the U.S., that they could be vulnerable to nature’s most destructive forces. And that they need to …

POSTED MAY 24, 2018 8:41 AM
NICB: Animal-Related Insurance Claims Top 1.7M in 4 Years
The National Insurance Crime Bureau (NICB) released a study on the number of animal-related insurance losses for the years 2014-2017. The data is gleaned from insurance claims for losses that occurred in all 50 states plus the District of Columbia. …

POSTED MAY 24, 2018 8:36 AM

News – Insurance Journal

Alberto, 2018’s First Named Storm, Heading for Florida, Southeast Coast
Meet Alberto, the first named storm of 2018. The sub-tropical storm off Mexico’s Yucatan Peninsula is expected to bring heavy rain to western Cuba and much of Florida early next week, the National Hurricane Center in Miami said Friday. Alberto …

POSTED MAY 25, 2018 3:54 PM
Illinois Lawmakers Send Governor Bill Legalizing Industrial Hemp
The Illinois House has sent the governor a measure legalizing industrial hemp. The House voted 106-3 this week to allow hemp cultivation for commercial use. Hemp is a form of the cannabis plant distinct from marijuana. It does not produce …

POSTED MAY 25, 2018 3:47 PM
Oklahoma Earthquakes Lead to More Injection Well Shut Downs
The Oklahoma Corporation Commission’s Oil and Gas Division is directing some injection wells in north-central Oklahoma reduce injection volumes and others to stop operations. The directive issued Wednesday comes after the U.S. Geological Survey recently recorded several earthquakes in the …

POSTED MAY 25, 2018 3:46 PM
Michigan Legislators Decide Motorists Need 3-Foot Distance to Pass Bikes
Michigan drivers would have to allow 3 feet of clearance or a “safe passing distance” while going by a bike on the road as part of a legislative compromise that could reach the governor soon. The Senate voted 36-1 this …

POSTED MAY 25, 2018 3:34 PM
Offshore Worker Alleges Bias in Louisiana Lawsuit
An African-American offshore oil worker has filed a federal lawsuit saying he was intimidated on the job by a supervisor who drew a picture of him dangling from a high rig structure while surrounded by co-workers in Ku Klux Klan …

POSTED MAY 25, 2018 3:31 PM
Ohio Homeowner Trying to Kill Weeds Burns Down Garage
Authorities say a Ohio homeowner trying to kill troublesome weeds with a torch has burned down his garage. The Springfield News-Sun reported Springfield Township firefighters in central Ohio were called to a home around 4 a.m. Thursday for a detached …

POSTED MAY 25, 2018 3:28 PM
Virginia Governor Northam Vetoes GOP Healthcare Bills
Virginia Gov. Ralph Northam has vetoed a handful of GOP-backed bills related to health care. Northam vetoed a bill that would have allowed all groups like the Virginia Chamber of Commerce to pool their members together in a group to …

POSTED MAY 25, 2018 3:15 PM
Southern California Agents Arrested for Fraud
California-based life insurance agents, Samuel Tadlock III, 32, of Eastvale, Marlene Ramirez, 42, of Murrieta, Daniel Herrarte, 34, of Sylmar, and Jorge Lopez Jr., 38, of San Fernando, were arrested this week on multiple felony counts of identity theft and …

POSTED MAY 25, 2018 3:12 PM
Fired Oregon Dispatcher Settles Suit for $75,000
The city of Springfield, Ore. has agreed to pay $75,000 to settle a 2014 lawsuit by a dispatcher who said she was wrongly fired after accusing officers of inappropriate conduct. The Register-Guard reported that a joint statement from the city …

POSTED MAY 25, 2018 2:59 PM
Hawaii, Central Pacific Could See Handful of Hurricanes This Season
The Central Pacific could see anywhere from three to six hurricanes over the next six months, forecasters predicted Wednesday. That would be an increase over the two named storms last year. Storm activity is likely to be normal or a …

POSTED MAY 25, 2018 2:56 PM

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