One senior figure says more needs to be done before organisations truly understand their level of risk
Source: Insurance Business Online Business interruption still largely misunderstood
Business interruption still largely misunderstood
Smashing the glass ceiling in insurance
In the case of getting more women into leadership positions, there are some already blazing the way in the insurance industry
Source: Insurance Business Online Smashing the glass ceiling in insurance
Cover-More enhances travel insurance offering
The insurer rolls out new major benefits in their policies to reflect the evolving needs of travellers
Source: Insurance Business Online Cover-More enhances travel insurance offering
OnePath upgrades life insurance adviser portal
The enhancements will help advisers provide a “timely and appropriate outcome” for clients, says insurance head
Source: Insurance Business Online OnePath upgrades life insurance adviser portal
Biggest threats to Australian SMEs revealed
But are SMEs protected against these risks?
Source: Insurance Business Online Biggest threats to Australian SMEs revealed
State Chart Reveals New Laws Have Little Impact on Reducing Distracted Driving
If you’re driving right now, it’s far more likely you are reading this on your phone than you would have been a year ago. Despite a harrowing surge in traffic fatalities, American drivers appear to be getting worse at avoiding …
Source: Claims Journal USA State Chart Reveals New Laws Have Little Impact on Reducing Distracted Driving
GPS Failed to Warn Bus Driver Before Overpass Crash
The out-of-state driver of a charter bus full of high school students that crashed into a low-hanging overpass on a Long Island parkway was using a non-commercial GPS device that didn’t warn him about the hazard in time to prevent …
Source: Claims Journal USA GPS Failed to Warn Bus Driver Before Overpass Crash
Poll: Older Adults Wary of Medical Marijuana
Few older adults use medical marijuana, a new national poll finds, but the majority support its use if a doctor recommends it, and might talk to their own doctor about it if they developed a serious health condition. Four out …
Source: Claims Journal USA Poll: Older Adults Wary of Medical Marijuana
AUB Group names new CFO – again
After a failed attempt earlier this year, it seems the group has finally found its latest senior exec
Source: Insurance Business Online AUB Group names new CFO – again
CBA admits unfair credit insurance sales
It has admitted breaching obligations under the Corporations Act
Source: Insurance Business Online CBA admits unfair credit insurance sales
Are brokers doing enough to close the protection gap?
One senior industry figure says more needs to be done to educate consumers
Source: Insurance Business Online Are brokers doing enough to close the protection gap?
ANZ bank to pay out millions following ASIC reviews investigation
Body hands down hefty undertaking as a result of “systemic failures”
Source: Insurance Business Online ANZ bank to pay out millions following ASIC reviews investigation
Cyclone-hit groups encouraged to apply for relief
Foundation to help community organisations get back up after storm battering
Source: Insurance Business Online Cyclone-hit groups encouraged to apply for relief
Strong Winds Collapse Hangar At Houston Airport¸ Millions In Damage
Strong winds took down a large hangar at Hobby Airport overnight when severe storms rolled through southeast Houston. No one was inside the hangar when it happened. No one was hurt. The Houston Airport System says the runway that was once covered by debris from the collapsed hangar reopened sometime after 3 p.m. Wednesday¸ but that part of a neighboring taxiway is still closed. According to HPD Lieutenant Larry Crowson¸ police received a call a little after midnight to assist the fire department at the hanger owned by Jet Aviation.
Source: The Claims Page – USA Strong Winds Collapse Hangar At Houston Airport¸ Millions In Damage
Cigna’s Purchase of Express Scripts Unlikely to Affect Workers’ Comp
Cigna’s purchase of healthcare pharmacy benefit manager Express Scripts last month was just the latest insurer/PBM acquisition in an effort to control rising medical treatment and drug costs. There’s been quite a few pharmacy benefit manager (PBM) acquisitions in healthcare …
Source: Claims Journal USA Cigna’s Purchase of Express Scripts Unlikely to Affect Workers’ Comp
Two Virginia Beach Homes Burned By Kid Playing With Fire
Firefighters have extinguished a two-alarm fire that caused heavy damage to two homes in the Pecan Gardens area of Virginia Beach. The fire also killed a cat at one of the homes. As of 4:30 p.m. another cat from the home where the one cat died was unaccounted for. Fire officials say two more cats were in the other home¸ but haven’t shared whether they’ve been accounted for at this time. The blaze started at a shed between the two homes in the 500 block of Grant Avenue just after 3 p.m. Firefighters received a call at 3:15 p.m. and got the fire under control approximately 30 minutes later. Investigators determined the fire was started by a juvenile playing with fire.
Source: The Claims Page – USA Two Virginia Beach Homes Burned By Kid Playing With Fire
DUI Driver Repeatedly Swerved Before Crashing Charter Bus
A charter bus headed to the Masters golf tournament overturned on a Georgia interstate Thursday¸ injuring 15 people and snarling traffic as scores of fans made the pilgrimage to one of the sport’s premier events. The bus driver was charged with driving under the influence. The bus carrying 18 passengers crashed about 8:45 a.m. Thursday¸ just as fans were driving in for the tournament’s first round. Sgt. Chris Wright of the Georgia State Patrol said the driver ran off the right side¸ then overcorrected and caused the bus to overturn in the median. Some passengers suffered broken bones and head injuries¸ Wright said¸ but none were life-threatening.
Source: The Claims Page – USA DUI Driver Repeatedly Swerved Before Crashing Charter Bus
Sanitation Worker Safety Group Pushes Penalty Bills
Kenny Lawson loved being a garbage collector. The Germantown, Ohio, resident enjoyed working outdoors alongside his family, throwing his “solid as a horse” frame into physical labor that made people’s lives better. One customer left a cooler near the curb …
Source: Claims Journal USA Sanitation Worker Safety Group Pushes Penalty Bills
Research Reveals Coastal Housing Recovery Gaps After Disasters
A team including an Iowa State University researcher studied Galveston, Texas, homes following Hurricane Ike, finding that the types of housing and homeowners – and how U.S. recovery policy handles each – played a major role in recovery outcomes. Sara …
Source: Claims Journal USA Research Reveals Coastal Housing Recovery Gaps After Disasters
Worker dies after being struck by tractor attachment
A man in his 20s has died after being struck by a tractor attachment at a property at Carwarp, near Mildura.
Source: WorkSafe News Worker dies after being struck by tractor attachment