Monthly Archives: <span>June 2017</span>

China’s Anbang Denies Chairman Has Been Prevented from Leaving Country

Wu Xiaohui, the chairman of Anbang Insurance Group Co. Ltd., is free to travel, a spokesman for the Chinese insurer said on Friday, denying a report that Wu had been prevented from leaving China. The Financial Times reported that Wu …

Consumer Specialties Adds Crisis Management/Cyber Endorsement to CGL Policy

Consumer Specialties Insurance Company (CSI), a risk retention group serving the specialty consumer products industry, has added a crisis management/cyber risk endorsement to its commercial general liability policy. The endorsement – which provides a sublimit of $25,000 for crisis management, …

Florida Man Arrested for Running Shell Company Workers’ Comp Scam

A Florida man has been arrested for allegedly operating a shell construction company for the sole purposes of selling the company’s workers’ compensation certificate, according to a statement from Chief Financial Officer Jeff Atwater. Leon “Chuy” Jimenez, owner of Chuy …

Why Having Cell Phone Conversations While Driving Is Risky

It’s generally acknowledged that talking on a cell phone impedes driving ability. But new research from the University of Iowa is showing how even a simple conversation can affect the brain’s ability to focus on the roadway. UI researchers used …

Lawmakers Ask Supreme Court to Weigh Veterans’ vs. Employers’ Rights in Workplace

Nineteen lawmakers are testing their luck at the Supreme Court, asking the justices to take up a case on whether military reservists’ unfair dismissal claims can be forced into arbitration by their civilian bosses. Because the case involves veterans’ rights, …

U.S. Appeals Court Upholds Dismissal of Zoloft Lawsuits Against Pfizer

The Third U.S. Circuit Court of Appeals in Philadelphia upheld a lower court’s dismissal last year of more than 300 product liability suits against drug maker Pfizer over its antidepressant Zoloft. The lawsuits alleged that Zoloft was responsible for birth …

Family of South Carolina Boy Killed by Tree Limb at Local Park to Receive $3.6M

The parents of a 3-year-old boy killed by a falling tree limb while playing at a South Carolina park are getting $3.6 million to settle a lawsuit. Jacoby Latta was playing during a church picnic at Irmo Community Park in …

West Virginia Woman Pleads Guilty to Staging Accident For Insurance

Federal authorities say that a 56-year-old Fairmont woman has pleaded guilty to fraud, admitting she participated in a staged vehicle accident, faked injuries and filed a false insurance claim. Prosecutors say Robin Stoneking’s false insurance claim in 2013 in Marion …

North Carolina Boat Explodes After Gas Pumped Into Fishing Rod Holder

A boat exploded at a dock on the North Carolina coast, injuring three, after the boaters accidentally pumped 28 gallons of gasoline into a fishing rod holder instead of the fuel tank. The three people hospitalized are the boat’s owner, …

Travelers’ Drone Program Is Shaping the Way Claims Reps Do Business

Travelers’ Claim University, founded in 2007, is working to change the way its claims professionals do business through the use of drones to assist in property inspection and claims analysis. The nearly 200,000-square foot facility in Windsor, Conn., offers hands-on …