Posts by Y@DminG
Off-Site Backups, Planning Aid in Fire Recovery
It was early afternoon, the day after Thanksgiving in 2006, when Mark Nale walked into his den and saw the flames that – despite the family’s frantic efforts to put out – would destroy their Port Matilda, Pa., home. “It’s … Source: Claims Journal
Read MoreNeuberger Berman to Buy $1B Natural Disaster Risk Manager
Neuberger Berman Group acquired an asset manager that oversees more than $1 billion with a focus on betting on risks tied to natural catastrophes such as hurricanes and earthquakes. The closely held investment manager struck the deal with private equity … Source: Claims Journal
Read MoreHow Real-Time Information Can Assist Insurers During Natural Disasters
At every phase of disaster preparation and recovery, time is of the essence. Today, social media platforms allow authorities to share critical updates with the public instantaneously and coordinate relief efforts. It also allows those in need to request assistance … Source: Claims Journal
Read MoreUtility Says its Equipment Helped Spark Thomas Fire in California
Southern California Edison said Tuesday its equipment likely sparked one of two ignition points for the massive wildfire that tore through California’s central coast last year. Witnesses reported flames near the company’s power poles in Ventura County last December and … Source: Claims Journal
Read MoreFraud Concerns Amp Up Scrutiny of Asbestos Victim Fund
The Trump administration has stepped up scrutiny of asbestos trust funds, concerned that the pots of money intended to help people exposed to the hazardous substance are being depleted by fraudulent claims, harming victims, businesses and the government. The Justice … Source: Claims Journal
Read MoreBusiness News: Frankenmuth, Next, Tokio Marine, Chubb
Frankenmuth Insurance Introduces Photo-Based Estimating Frankenmuth Insurance’s Michigan policyholders will now be able to take photos of vehicle damage and submit them for estimate creation, without the need for a physical inspection or shop appointment. The new service allows the … Source: Claims Journal
Read MoreResearchers Find ‘Smart’ Signs, Markers Help Prevent Wrong-Way Driving Crashes
Innovative traffic safety research from Florida State University, incorporating a fascinating mix of engineering and psychology, is being deployed on highways to save lives by targeting a deadly problem: wrong-way driving crashes. The statistics are alarming. Nationwide, wrong-way crashes kill … Source: Claims Journal
Read MoreDoomed Lion Air Passenger Jet Had Airspeed Failure on Prior Flight
The Lion Air jet that crashed into the Java Sea off Indonesia earlier this week had experienced problems with the sensors used to calculate altitude and speed on its previous flight, an issue that could help explain why the plane … Source: Claims Journal
Read MoreWhy Did the Plaintiff Cross the Road?
Understanding Pedestrian and Crosswalk Laws in All 50 States Every year approximately 76,000 pedestrians suffer injuries when they are struck by a moving vehicle. Beginning in 2016, America experienced a significant increase in the number of pedestrian fatalities, and in … Source: Claims Journal
Read MoreJets’ Player Helps Raise Awareness for Abdominal Injuries
Jordan Leggett remembers the sudden buzz on the sideline and in the stands as cellphones lit up with texts delivering the scary news. A young player from a rival high school football squad in Florida had been seriously injured during … Source: Claims Journal
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