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Archive for January 2018

Federal Report Reveals Extent of Hurricane Harvey

The official numbers for last year’s Hurricane Harvey are in, and they go beyond the 68 dead and $125 billion in damage. Two locations in southeast Texas got more than 5 feet of rain and 18 different parts of Texas … Source: Claims Journal

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Federal Agencies Send Teams to Probe Tesla Freeway Crash

Two federal agencies have dispatched teams to investigate the California crash of a Tesla Model S electric car that may have been operating under its semi-autonomous “Autopilot” system. It’s the second time the National Transportation Safety Board and the National … Source: Claims Journal

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Allaying Consumer Concern Over Cyber Risk

Consumers continue to report concern during online transactions and social media use but don’t always maintain safeguards to protect themselves, according to Prashant Pai, vice president of cyber offerings strategy at Verisk Analytics. In a recent interview with Claims Journal, … Source: Claims Journal

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People News: Auto-Owners, IBHS, Kemper

Jeff Harrold, current chairman & chief executive officer announced his retirement from Auto-Owners Insurance and its affiliates effective December 31, 2017. He does so after serving more than 40 years for the company. Jeffrey (Jeff) S. Tagsold has been elected … Source: Claims Journal

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Mississippi Insurance Commissioner Seeks More Power Over Wind Pool

Mississippi’s insurance commissioner is pushing a bill to strip a tax subsidy and authority from the state’s insurer of last resort for hurricane-prone coastal residents. Commissioner Mike Chaney says the Mississippi Windstorm Underwriting Association, known as the “wind pool,” spends … Source: Claims Journal

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