God put Brian Cross’s home in a bubble. That’s his explanation for why the tornado that blasted through Uniontown and North Union Township in Pennsylvania last month didn’t inflict as much damage on his Millview Street home in the city …
Source: Claims Journal USA Some Pennsylvania Tornado Victims Struggle With Uninhabitable Homes
New head of pricing for global lines has been at the firm for seven years
Source: Insurance Business Online XL Catlin introduces new global lines exec
A worker in his early 30s has died after the fertiliser spreader truck he was driving rolled on a steep hill north-east of Warragul yesterday afternoon.
Source: WorkSafe News Man dies in farm truck rollover near Warragul
Builders and contractors are being urged to do more to prevent musculoskeletal injuries, the most common type of injury to construction workers.
Source: WorkSafe News Don’t chance it with musculoskeletal injuries, WorkSafe warns
New product designed to meet risk that is expected to continue its rise
Source: Insurance Business Online IP exposure could have a “disastrous” impact on clients
“Sometimes, it really isn’t the easiest thing to do, but I’d rather that than be used as an example by a Royal Commission – or the court of public opinion”
Source: Insurance Business Online Expert responds to ASIC professionalism concerns
Gender equality in the insurance industry is a work in progress
Source: Insurance Business Online Gender equality: Slow but steady progress
Coverage still available but for how long? One expert broker has their say
Source: Insurance Business Online Will insurers ditch Side C cover?
31 breaches already reported to the privacy commissioner, according to expert
Source: Insurance Business Online Mandatory breach notification: one month on
Brokers have their say on Australia’s insurers over the last 12 months
Source: Insurance Business Online Setting the standards in Australian insurance
Canberra’s first citizens jury selects the most radical option to address the state’s sky-high CTP premiums
Source: Insurance Business Online The verdict is finally out on ACT’s CTP
The map reveals which countries are tolerant or hostile to LGBTI people
Source: Insurance Business Online Insurer releases world map for LGBTI travellers
While many risk managers have had excellent experience with their third party administrators (TPAs)¸ others have been disappointed. Unfortunately¸ when the match isn’t right¸ the risk manager may be left with poor claim outcomes¸ higher claims and insurance costs¸ and difficulty identifying issues and making corrections. The key to successful relationships often hinges on the risk manager’s ability to set priorities and evaluate prospective TPAs and other claim service providers accordingly¸ based on objective¸ outcome-based metrics.
Source: The Claims Page – USA 5 Tips For Choosing The Right TPA
A fully autonomous vehicle could generate as much data as the equivalent of every movie ever made … on a daily basis. “The amount of data being generated in these vehicles is just mind boggling¸” said Tom Karol¸ general counsel – federal¸ The National Association of Mutual Insurance Companies (NAMIC). The challenge is for the insurance industry to obtain the few key needles of relevance in that significant haystack of information¸ and to translate that data into a common¸ understandable language. This is no easy task considering the countless variables in the autonomous vehicle industry.
Source: The Claims Page – USA Technology Is Outpacing Data Analytics¸ Self-Driving Car Regulation
A federal lawsuit filed Friday by a Pennsylvania insurance company claims that a fire that extensively damaged the Springfield Shooting Center last year was intentionally set by owners John and Kathryn Jackson¸ or their representatives. In laying out its argument as to why the Tokio Marine Specialty Insurance Company did not have to cover the Jacksons’ $1.625 million insurance claim¸ it alleged the Sept. 6 blaze was “incendiary and/or arson” and not necessarily the result of a burglar covering his or her tracks¸ as initially suspected.
Source: The Claims Page – USA Insurance Company Alleges Owners Set Fire To Shooting Center
XL Catlin Offers Online Notification Option for Marine Claims in North America To help clients quickly and easily submit notification of their Marine insurance claims, XL Catlin has adopted an online claims reporting tool in the North America. Powered by …
Source: Claims Journal USA Business News: XL Catlin, NCCI, Access Insurance, Starr Companies
Uber Technologies Inc. disabled the standard collision-avoidance technology in the Volvo SUV that struck and killed a woman in Arizona last week, according to the auto-parts maker that supplied the vehicle’s radar and camera. “We don’t want people to be …
Source: Claims Journal USA Uber Disabled Volvo SUV’s Safety System Before Deadly Crash
The owners of Opry Mills are asking the Tennessee Supreme Court to reverse a ruling that reduced their 2010 flood insurance coverage from $200 to $50 million. Severe flooding closed the Nashville, Tenn., shopping mall for an extended period. After …
Source: Claims Journal USA Nashville Mall Damaged in 2010 Flood Seeks More Insurance Money
A structural engineering firm which drew up the plans for excavation works at a Mt Waverley construction site has been convicted and fined $380,000 after the pit collapsed, leaving homes teetering on the edge of a 10 metre drop.
Source: WorkSafe News Company fined 0,000 after Mt Waverley pit collapse
A Hoppers Crossing cardboard carton manufacturer has been fined $42,000 for failing to properly guard four separate pieces of machinery.
Source: WorkSafe News Company fined ,000 for failing to guard machinery