Monthly Archives: <span>August 2015</span>

Appeals Court Denies State Farm’s Rehearing Request in Katrina Fraud Case

A federal appeals court has decided that last month’s upholding of a jury’s insurance fraud ruling will stand, allowing whistleblowers who sued State Farm Fire and Casualty Co. to seek more evidence of fraud after 2005’s Hurricane Katrina. The Sun …

Oregon City Factors Tsunami Threat Into Expansion Plans

Seaside, Ore. officials have all the checkboxes ready for planning their expansion, public transportation, affordable housing and of course tsunami preparedness. The Daily Astorian reported that the Planning Commission heard public testimony recently on a proposal to amend the city’s …

Wrongful Death Verdict Against Utah Doctor Overturned Court

A wrongful death case against a former doctor will have a new trial after the Utah Supreme Court overturned the $3 million verdict. The Salt Lake Tribune reported that the Supreme Court ruled this week that Paul Ray Taylor’s felony …

Tuna Company’s Ex-Safety Manager Guilty in California Worker Oven Death

A former safety manager at a Bumble Bee Foods seafood plant in California has pleaded guilty in the death of a worker who was cooked with tons of tuna. Saul Florez was sentenced to probation and fined $5,000 after pleading …

Utah Court Tosses $3M Verdict in Prescription Drug Overdose Suit

The Utah Supreme Court has overturned a $3 million verdict in a wrongful death suit against a doctor accused of prescribing a lethal amount of prescription drugs. The Salt Lake Tribune reported that the high court ruled this week the …

DMV Agrees to California Brokers Group’s Revisions

The California Department of Motor Vehicles has agreed to make major revisions proposed by the Independent Agents & Brokers of California to its commercial requester agreement that will permit agents and brokers to provide motor vehicle records to insurers and …

European Captives More Focused on Risk Mgmt., Investments: A.M. Best

A.M. Best has released a new study -“European Captives Increase Focus on Risk Management and Investments Ahead of Solvency II -” which concludes that “many European captives have embraced Solvency II’s increased regulatory requirements as an opportunity to focus more …

Luxury Car Hacking Risk Widespread; Evidence Suppressed: Researchers

Thousands of cars from a host of manufacturers have spent years at risk of electronic car- hacking, according to expert research that Volkswagen has spent two years trying to suppress in the courts. “Keyless” car theft, which sees hackers target …

Kids’ Biking Deaths Decline But Adult Deaths Rise

The rate of cycling deaths among American children under the age of 15 has fallen 92 percent since 1975. That doesn’t mean the roads are safer—it may just mean kids are riding bikes less. The Centers for Disease Control reported …

ISO Offers Insurers New Roof Rating Tool

Verisk Insurance Solutions has introduced new rating tools and coverage options through its ISO business to help insurers address the quality and age of roof materials. The newly developed rating factors are designed to assist insurers in pricing policies based …