Posts by Y@DminG

Florida’s disjointed property insurance system that relies almost exclusively on small and midsize companies will take a multibillion dollar loss from Hurricane Michael, but has sufficient reserves and backups that providers should be able to pay claims without problems, analysts … Source: Claims Journal

A series of explosions that rocked several towns north of Boston, Mass., last month has been linked to work orders given to a crew replacing aging natural gas pipes, according to federal safety investigators. Crews contracted by NiSource Inc.’s Columbia … Source: Claims Journal

Speed cameras rank among the most cost-effective social policies, saving both money and lives according to research conducted at Columbia Mailman School of Public Health. Using the 140 speed cameras in New York City as a case study, researchers analyzed … Source: Claims Journal

Aerospace and innovation have gone hand-in-hand since the days of Orville and Wilbur Wright. Airplanes were once simple metal tubes powered by propellers. Long-haul flying meant four engines and at least three pilots on the flight deck at all times. … Source: Claims Journal

A limousine service operator was charged Wednesday with criminally negligent homicide in a crash that killed 20 people, while police continued investigating what caused the wreck and whether anyone else will face charges. Nauman Hussain, 28, showed little emotion as … Source: Claims Journal

U.S. auto safety regulators are moving to allow a new generation of brighter, self-dimming headlights that won’t blind other drivers on the road ahead. The National Highway Traffic Safety Administration is proposing to permit so-called adaptive driving beam headlights on … Source: Claims Journal

Hurricane Michael will probably end up causing at least $25 billion in economic losses. About $3 billion of that will fall on the federal flood insurance program and private insurers may get hit with $9 billion to $10 billion in … Source: Claims Journal

The state of Arizona announced the formation of the Institute for Automated Mobility to advance the safe deployment of automated vehicles. This unique public-private consortium will focus on the liability, regulatory and safety implications of automated vehicles and will work … Source: Claims Journal

The wife of a limousine driver involved in a New York state crash that killed 20 people says her late husband had expressed concerns about the company’s vehicles. Kim Lisinicchia told CBS in an interview broadcast on Wednesday that there … Source: Claims Journal

For the fifth consecutive year, many Kansas business owners will pay less for workers’ compensation insurance again in 2019, according to Ken Selzer, CPA, Kansas Commissioner of Insurance. “With another rate decrease, Kansas companies will potentially have more money to … Source: Claims Journal