Undercover Officers Bust Houston Insurance Fraud Ring

An undercover, multi-agency investigation two years in the making has resulted in charges against three individuals tied to an insurance fraud scheme. The case began when agents with the National Insurance Crime Bureau began investigating vehicle accid…

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Catastrophe Losses Decline in Canada, U.S. During First Half of 2014

Catastrophe losses in Canada during the first half of this year fell 98% over last year, with only two catastrophe events designated so far, Property Claims Services reported Wednesday. Both wind and thunderstorm events occurred in June, with the first…

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Technology Could Cut 15% of Loss Costs and Adjustment Expense

The insurance industry is poised to see high performance claims transformation if it takes steps to turn routinely overlooked data into actionable information and knowledge, suggests a report published last week by Aite Group.Aite Group research finds …

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Massive Washington Wildfire Only 16% Contained

Cooler temperatures and some rain may aid firefighters trying to control a massive complex of fires in north-central Washington that is now the largest wildfire in state history. Fire crews made progress Tuesday with officials estimating the Carlton Co…

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Florida Worker Run Over by Street Sweeper

A worker was seriously injured Tuesday morning in St. Petersburg after being run over by a street sweeper he was operating. According to St. Petersburg police, 54-year-old Mark John Tucker, of Tarpon Springs, suffered upper torso injuries in the accide…

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Earthquake Insurance is Big Business in Oklahoma

Earthquakes used to be rare in Oklahoma, a handful per year or so. Not anymore. So far this year, the state has experienced some 2,300 earthquakes, according to the Oklahoma Geological Survey, an average of more than 11 per day. Accordingly, the number…

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Michigan Insurers Want Mobility Scooters Covered Same as Cars

Two insurance companies have made an unusual argument in a Michigan case: They’re insisting that the drivers of motorized mobility scooters should be required to get the same insurance as car and truck owners.The case involves the claims of a para…

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Crash Involving Multiple Vehicles Jams California Freeway

A crash involving a big-rig, a bus and several other vehicles created a major traffic jam on southbound Interstate 15 through Escondido Tuesday morning. The crash happened at about 9:20 a.m. just south of Via Rancho Parkway, according to the California…

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Travelers to Pay $500 Million for Johns-Manville Asbestos Claims

A federal appeals court on Tuesday ordered Travelers Cos Inc to pay more than $500 million to satisfy asbestos-related claims stemming from the insurer’s coverage of insulation maker Johns-Manville Corp, a policyholder that spent six years in bank…

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Nationwide Recall of Fruit Issued Over Listeria Risk

A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concerns of possible listeria contamination. Wawona Packing says on its website that no illnesses have been r…

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