Posts by Y@DminG

A company that delivers “hyper-local” weather forecasts and a firm that predicts emerging risks by mining research data were among 11 insurtechs selected by Lloyd’s of London to participate in a 10-week incubator program. Lloyd’s picked the participants on Thursday … Source: Claims Journal

Once thought of as highly traditional and reluctant to change, insurers today are rethinking everything. The rise of digital-first carriers, with an ethos borrowed from their ecommerce and ebanking cousins, has generated an intense interest from incumbent carriers to focus … Source: Claims Journal

A deadly explosion on an Enbridge Inc. natural gas pipeline killed one woman and burned several structures in central Kentucky, including nearby homes. The U.S. Transportation Department sent a Pipeline and Hazardous Materials Safety Administration investigator to the site and … Source: Claims Journal

NEW YORK — When Hurricane Irma hit Puerto Rico in September 2017, Carlos Melendez couldn’t contact the staffers or customers of his San Juan-based technology firm, Wovenware. Melendez learned a lesson that would help his business during the next storm, … Source: Claims Journal

NEW YORK — New homes are going up fastest in high-flood risk areas in many U.S. coastal states, scientists said on Wednesday, despite increasing awareness that global warming has made living in such areas even more risky. Science and communication … Source: Claims Journal

SAN DIEGO — Two men in San Diego have impounded thousands of electric scooters they say have been left littered about the city and endangering pedestrians, sparking a battle with companies that have flooded cities with the two-wheelers. John Heinkel, … Source: Claims Journal

Oklahoma’s attorney general on Wednesday made his final bid to force Johnson & Johnson to pay $17 billion for its part in fueling the opioid epidemic, saying the drugmaker’s “egregious” marketing caused an oversupply of addictive drugs and overdose deaths. … Source: Claims Journal

Thousands of child sexual abuse lawsuits are expected to flow into New York State courts in the coming weeks exposing decades-old misconduct at schools, hospitals, churches and youth clubs, according to lawyers for victims. On Aug. 14, the Child Victims … Source: Claims Journal

HOUSTON — Exxon Mobil Corp was hit with a lawsuit on Thursday over pollution from a fire at the company’s Baytown Olefins Plant, according to an attorney for Harris County, Texas, which filed the suit. The fire was being investigated … Source: Claims Journal

PG&E Corp. told a judge it “strongly disagrees” with a Wall Street Journal storysuggesting that the utility knew its equipment near the ignition point of California’s deadliest wildfire badly needed upgrades and nonetheless deferred maintenance. The company’s response, filed Wednesday, … Source: Claims Journal