Posts by Y@DminG

Predictive modelers told California regulators on Thursday that the state’s antiquated rules for calculating wildfire risk when setting property insurance rates discourage innovative mitigation measures that could ultimately reduce losses. Nancy P. Watkins, a principal and consulting actuary for Milliman, … Source: Claims Journal

Back when Donald Perovich, an engineering professor at Dartmouth and member of the MOSAiC Arctic research team, conducted his first sea-ice field experiment in the region in 1979, he and his colleagues didn’t study ice because they were worried about … Source: Claims Journal

High tides flooded St. Mark’s Square in Venice on Tuesday, propelled by winds that were stronger than predicted, and an experimental system of inflatable barriers wasn’t activated to prevent water from invading the lagoon city. The system, while still in … Source: Claims Journal

BOSTON — Prominent U.S. cybersecurity firm FireEye said Tuesday that foreign government hackers with “world-class capabilities” broke into its network and stole offensive tools it uses to probe the defenses of its thousands of customers, who include federal, state and … Source: Claims Journal

WICHITA, Kan. (AP) — Attorneys for the family of a Kansas man killed by police responding to a hoax emergency call are using the case to try to hold the city of Wichita accountable for what they call a troubled … Source: Claims Journal

ALBUQUERQUE, N.M. — An attorney for the Archdiocese of Santa Fe has claimed that alleged victims of clergy sexual abuse and their lawyers are seeking to eliminate the archdiocese in New Mexico by asking about the church’s holdings. Tom Walker, … Source: Claims Journal

BELLE, W.Va. (AP) — An explosion that injured four people at a West Virginia chemical plant and shook surrounding homes prompted authorities to impose a shelter-in-place order early Wednesday. It happened after 10 p.m. Tuesday at the Chemours plant in … Source: Claims Journal

WASHINGTON/CHICAGO — General Electric Co has agreed to pay a $200 million penalty to settle charges for misleading investors over how it was generating earnings in its power and insurance businesses, the U.S. Securities and Exchange Commission said on Wednesday. … Source: Claims Journal

The value of losses from crimes against jewelers jumped by 89.1% in 2019 even though the number of thefts, burglaries and robberies decreased slightly, according to a new report by the Jewelers’ Security Alliance. The organization said it received reports … Source: Claims Journal

A Royal Caribbean Cruises Ltd. ship on a four-day pleasure trip was forced to return to port in Singapore and confine passengers in their cabins after a possibly false Covid-19 diagnosis, showing the challenges of reviving travel while the pandemic … Source: Claims Journal