Thursday 11 April 2013

Daily Headlines: Thursday, April 11, 2013

Claims Journal Daily Headlines
April 11, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West

Today's Headlines

National

Accounting Class Actions Represent Large Share of Total Settlement Dollars

After an increase in new filings of accounting class actions in 2011, filings fell sharply in 2012. Yet accounting case settlements ...

2013 Hurricane Prediction: 72% Chance on East Coast; 48% for Florida

The Colorado State University team is predicting an above-average 2013 Atlantic basin hurricane season with 18 named storms and a 72 ...

New Vehicle Safety Ratings Would Reflect New Technologies

The U.S. Transportation Department said last week it is looking at ways to expand its vehicle safety ratings in response to rapidly ...

IRS Takes Steps to Combat Identity Theft

The 2014 budget proposal to be released by the White House on Wednesday will include new steps to combat what the Internal Revenue Service ...

Verisk Announces New Hail Damage Score for Underwriters

Verisk Insurance Solutions - Underwriting, a unit of Verisk, announced LOCATION Hail Damage Score. The new product improves an insurer's ...
Can property insurers learn more about loss if claims are examined from the customers perception? New webcast available from Academy of Insurance
East

Ex-Players Call NFL Brain Injury Panel a 'Sham'

Lisa McHale wishes her husband had lived long enough to learn more about the links between concussions and long-term brain injuries. Her ...

New York Senator Says Sandy Repair Costs Should Be Reimbursed

Sen. Charles Schumer says New York City homeowners who spent their own funds to make repairs after Superstorm Sandy should be reimbursed ...

Vermont Governor Releases Irene Storm Recovery Report

The state is on schedule to close most residents' Tropical Storm Irene-related government aid cases by late summer, meaning they will have ...

Ex-Fire Chief Headed to Prison on Arson Charge

The former chief of a southern New Jersey fire company who helped a property owner burn down an abandoned home and masked the arson as a ...

CMIC Names Kevin M. Bresnahan Director of Claims

CMIC, a doctor-owned medical professional liability insurer serving New England, announced Kevin M. Bresnahan, Esq. has joined the company ...
Midwest

Speedy Claims Sought for Fire-Stricken Ranchers

North Dakota's U.S. senators are pressing the U.S. Forest Service to make speedy payments to landowners affected by a grassland fire on the ...

Experts: 1953 Tornado Damage Would Be Worse Today

A deadly tornado that swept through east central Indiana 60 years ago could cause much more destruction if it swept through today because ...

Jury Convicts Former North Dakota Insurance Agent of Theft

A jury has convicted a former Dickinson, N.D., insurance agent accused of stealing tens of thousands of dollars from a client. The ...

Nearly 13 Tons of Copper Stolen From North Dakota Business

Fargo, N.D., police are investigating the theft of about 26,000 pounds of copper valued at $112,000 from a Fargo business over the weekend. ...
Southeast

Florida Senate Panel Doesn't Vote on PIP Replacement

The chair of a Senate committee considering eliminating the state's no-fault Personal Injury Protection auto insurance has postponed a vote ...

Investigation After 2 Children Die in North Carolina Collapse

It was common knowledge around a rural North Carolina neighborhood that Jordan Arwood was digging a two-story-deep pit on his property. ...

Mississippi Tornado Debris Cleanup Nearly Complete

Hattiesburg and Lamar County officials are nearing the end of the debris cleanup from the Feb. 10 tornado that struck northeastern Lamar ...
South Central

A.M. Best Downgrades Rating of LEMIC Insurance Co.

A.M. Best Co. announced it has downgraded the financial strength rating to B (Fair) from B+ (Good) and issuer credit rating to "bb" from ...

Oklahoma House Approves $30K Roofer Bond Proposal

A proposal forcing the state's roofers to secure a $30,000 bond to get a state license returned to life on April 3 after the Oklahoma House ...

Louisiana City to Upgrade Natural Gas Pipelines

The Baker City Council has approved a bid for a project in the works for more than 20 years to upgrade some of the city's natural gas ...

San Antonio Lawmakers Push Ahead on Cybersecurity

A Republican lawmaker says the state needs a cybersecurity coordinator to lessen the state's vulnerability to hackers. The House Technology ...
West

NTSB: Alaska Ferry Fire Likely Caused by Welding Crew

Hot material left behind by a welding crew likely started a fire last year that caused as much as $750,000 damage to the Alaska state ferry ...

Oregon Agency Sued Over Deadly I-84 Tour Bus Crash

A lawsuit filed by a survivor and the estates of three people who died in an Eastern Oregon tour bus crash says the Oregon Department of ...

University of Idaho Helps County Prepare for Big Temblor

Central Idaho's Blaine County is a big draw for tourists to its towns like Sun Valley and Ketchum, but what visitors may not realize is the ...

Compensation for Colorado's Wrongly Convicted Passes House

People wrongly convicted of crimes would eligible for compensation from the state under a bill passed in the Colorado House with near ...
International

South Korea Says North Korea Behind Computer Crash in March

North Korea was responsible for a cyberattack that shut down tens of thousands of computers and servers at South Korean broadcasters and ...

Albania Says Rain Hampering Flood Response Effort

tAlbanian authorities say continuous rainfall is hampering efforts to address severe flooding that has left hundreds of homes swamped and ...

New Facial Recognition Technology Promises to Cut Insurance Fraud

A new online facial recognition technology, Facebanx, has been developed that promises to dramatically reduce claims fraud. Facebanx, a ...
Can property insurers learn more about loss if claims are examined from the customers perception? New webcast available from Academy of Insurance

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Tips for Adjusters Attending Mediation

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