Monthly Archives: <span>February 2021</span>

Former Michigan Agent Pleads Guilty in Auto Insurance Fraud Case

A former Flint, Michigan, insurance agent has pleaded guilty to selling or offering customers fake auto insurance certificates, state regulators said. Attorney General Dana Nessel said Dillen Leonard, 25, pleaded guilty to multiple felony counts of insurance fraud. They include …

Nuclear Verdicts – A Case for the Insights That Technology Can Provide

Nuclear verdicts are a hot topic of discussion across our industry. This is no longer some other claims organization’s problem or an issue only arising in transportation-related claims. Claims leaders are acknowledging the risk these verdicts pose to their business …

Los Angeles Marked 50th Anniversary of 1971 Quake

A disastrous earthquake that struck Los Angeles a half-century ago is being remembered for spawning improvements in seismic safety and research. The 50th anniversary of the magnitude 6.6 earthquake occurred at 6 a.m. Tuesday. Known as the San Fernando or …

Report Shows Pilot Felt Pressure to Fly Bryant to Game

As helicopter pilot Ara Zobayan encountered a cloud bank and decided to try to climb out of it, he was likely worried about getting his star client, Kobe Bryant, his daughter and six others to a girls basketball tournament, federal …

In Succession Move, Canopius Names AXA XL’s Robertson Deputy CEO

Specialty insurer and reinsurer Canopius Group announce that Neil Robertson has been appointed Group deputy chief executive officer, with effect from May 4, 2021. In this capacity, Robertson will report to Michael Watson, Group chairman and CEO. The company said …

Massachusetts Superior Court Says Woman’s Medical Malpractice Claims Can Proceed

A Massachusetts superior court has ruled that a woman can bring claims for medical malpractice and unfair consumer practices against a hospice company for overmedicating her with narcotics and falsely certifying that she was hospice eligible. Plaintiff Patricia Marble and …

Florida Cyber Attack Raises Alarm Over Security of Water Treatment Plants

A hacker’s botched attempt to poison the water supply of a small Florida city is raising alarms about just how vulnerable the nation’s water systems may be to attacks by more sophisticated intruders. Treatment plants are typically cash-strapped, and lack …

Securities Regulators Back International Climate Risk Disclosure Body

Global market regulators have thrown their weight behind plans for a new international standards body for company disclosures on climate risks and sustainability, saying it would cut the scope for so-called greenwashing. The current patchwork of voluntary public and private …

Brexit Boosts Amsterdam Ahead of London as Europe’s Top Stock Trading Center

Amsterdam has displaced London as Europe’s biggest share trading center after Britain left the European Union’s single market, and picked up a chunk of UK derivatives business along the way, according to data published on Thursday. Stock exchanges in the …

Preliminary Report Finds Throttle Problem in Sriwijaya Air Jet That Crashed

JAKARTA —The Sriwijaya Air plane that crashed last month killing 62 people had an imbalance in engine thrust that eventually led the plane into a sharp roll and then a final dive into the sea, a preliminary report by investigators …