Sams is editor of ClaimsJournal.com, the online resource and daily newsletter for property/casualty insurance claims professionals. ClaimsJournal is a member of the Wells Media Group. Sams can be reached at jsams@wellsmedia.com
March 11, 2020
GARDEN GROVE, Calif. — While California has a $1.4 billion legal marijuana market, a black market of perhaps equal size is thriving. Some enterprising growers are working on ways to get home insurers to cover their capital costs. A presentation …
February 20, 2020
Lawmakers in three states and in Congress have introduced bills to impose more controls on litigation funding companies, which insurers contend are one of the factors leading to an increase in “nuclear verdicts” that have pushed up claims costs and …
February 10, 2020
The future cannot come too soon for commercial auto. Despite growing premiums, the commercial auto line hasn’t turned an underwriting profit for the past nine years as both the number and cost of claims exceeded expectations. Tech companies are pitching …
February 4, 2020
For the second time in a year, a federal judge rejected a plaintiff attorney’s argument that an insurance carrier acted in bad faith by using the Mitchell Decision Point program when calculating the value of a Colorado policyholder’s underinsured motorist …
January 31, 2020
Interstate Underground Warehouse & Storage operates more than 3 million square feet of storage space inside a cave that was once a limestone mine just outside of Kansas City, Mo. The company’s website touts the constant 60-degree temperature inside its …
January 30, 2020
State Auto Property and Casualty Insurance Co. is liable for the cost of replacing a computer server that was damaged and perhaps permanently compromised by a ransomware attack despite the carrier’s argument that the business owner did not suffer a …
January 13, 2020
While Harvey Weinstein’s insurers have reportedly agreed to pay $47 million to settle civil suits against the movie producer, most policyholders should prepare for an epic legal battle just to get their insurers to defend them against accusations of sexual …
January 10, 2020
The company that helped make driver safety monitoring ubiquitous among auto insurers is now offering a product that can write accident reports within minutes of a crash. Cambridge Mobile Telematics (CMT) announced the launch of Claims Studio, an accident reporting …
December 30, 2019
A federal appellate court affirmed a decision to throw out a racketeering lawsuit brought by a group of 126 auto body collision repair shops against seven of the largest U.S. insurers. The 11th Circuit Court of Appeals in Atlanta agreed …
December 24, 2019
While Harvey Weinstein’s insurers have reportedly agreed to pay $47 million to settle civil suits against the movie producer, most policyholders should prepare for an epic legal battle just to get their insurers to defend them against accusations of sexual …