Archive for July 2019

LOS ANGELES — Event organizers should review their emergency plans after the deadly shooting at a California food festival to see if they can make additional safety improvements as the peak of summer and fair season brings open-air environments that … Source: Claims Journal

FRANKFURT — Swiss Re’s first-half net profit fell 5.3%, as claims relating to the Ethiopian Airlines crash and the subsequent grounding of the Boeing 737 MAX, plus natural catastrophes took their toll. The world’s second-largest reinsurance company highlighted claims from … Source: Claims Journal

WASHINGTON — A group of U.S. senators on Wednesday questioned the Federal Aviation Administration oversight of Boeing Co’s 737 MAX as the agency defended the longstanding practice of deferring much of the process of certifying new aircraft to manufacturers. A … Source: Claims Journal

Elon Musk mocked it as the “Shortseller Enrichment Commission.” Billionaire Mark Cuban said it’s “useless.” Hedge fund legend Leon Cooperman called it “abusive.” For the U.S. Securities and Exchange Commission, such attacks come with the territory. But brushing them off … Source: Claims Journal

Facebook Inc. doesn’t have to face a lawsuit by victims of Hamas attacks and their relatives who claimed that the social network unlawfully assisted the terror group, a federal appeals court ruled. In a 66-page ruling issued Wednesday, a divided … Source: Claims Journal

The University of California is looking to halt imports of vintage-style LED light bulbs that are sold at five of the nation’s biggest retailers, including Walmart Inc., Target Corp. and Amazon.com Inc. The University of California Santa Barbara says the … Source: Claims Journal

Capital One Financial Corp., in recent years, has beat the drum every chance it got: The cloud is cheaper. The cloud is faster. And the cloud is far more secure. Then a hacker got into the cloud, siphoning off sensitive … Source: Claims Journal

Clara Analytics Hires CEO Clara Analytics, a data analytics provider to the commercial insurance industry, has appointed Gary Hagmueller as chief executive officer as the founder of the company steps down from the helm to take over the role of … Source: Claims Journal

Underway for some time now, the disruption of the insurance industry has moved into a new phase, following the announcement by A.M. Best that it may soon begin scoring insurers’ innovation efforts. Journalist Russ Banham spoke with ratings agencies, thought … Source: Claims Journal

DAVENPORT, Iowa — Hundreds of communities line the Mississippi River on its 2,348-mile journey to the Gulf of Mexico, but Davenport, Iowa, stands out for the simple reason that people there can actually dip their toes in the river without … Source: Claims Journal