Posts by Y@DminG

A research team funded by insurance carriers will soon launch a system that uses block chain technology to allow claims adjusters from multiple insurers to share access to a single first notice of loss. The RiskStream Collaborative said that it … Source: Claims Journal

DETROIT — With fully self-driving cars many years from mass market adoption because of the high cost and complexity of the technology, auto supplier Aptiv Plc is seeing soaring demand from automakers for more basic semi-automated driving features, the company’s … Source: Claims Journal

LONDON — A global inquiry into how mining companies store billions of tons of waste in huge dams, launched after a collapse in Brazil killed hundreds, shows about a tenth of the structures have had stability issues, investors said on … Source: Claims Journal

The 2020 Range Rover Sentinel, which debuted in March, contains more than a ton of ballistic steel plate and armored glass inside its body. It can withstand a pipe bomb exploding from point-blank range and can weather rounds of bullets … Source: Claims Journal

Swaths of Southern California are being plunged into darkness on purpose to prevent power lines from sparking fires during the state’s latest windstorm. But the lights are staying on in Los Angeles. Just like San Francisco, L.A. has avoided the … Source: Claims Journal

Frontline Picks Crawford & Co. for Catastrophes Frontline Insurance has named Crawford & Co. as its exclusive provider for catastrophe claims, the Atlanta-based third-party administrator said in a press release. Frontline serves residential and commercial property owners in Florida, Alabama, … Source: Claims Journal

HOUSTON — The U.S. Chemical Safety Board said on Wednesday a fuel leak, possibly due to open valves and a running pump, set off a massive blaze at a Mitsui & Co Ltd petrochemical storage operation along the Houston Ship … Source: Claims Journal

Beazley Names Successor after Hobkinson Retires Beazley Group announced that its head of third-party complex claims, Beth Diamond, will succeed Anthony Hobkinson as group head of claims following Hobkinson’s retirement in February. Diamond joined Beazley as claims team leader in … Source: Claims Journal

The rapid rise of crash-avoidance technology has set carmakers and repair shops on course for a collision that could determine who controls the $800 billion auto aftermarket in the digital age. Given the unprecedented sophistication of the systems, which include … Source: Claims Journal

ATLANTA — Georgia officials reached an agreement Monday to temporarily shut down a medical sterilization facility that uses a gas that studies have linked to an increased risk of cancer. A Newton County judge signed off on a deal between … Source: Claims Journal