Posts by Y@DminG
How Michael Grew Into a 155 MPH Category 4 Hurricane
Moist air, warm waters in the Gulf of Mexico, and ideal wind patterns supercharged Hurricane Michael in the hours before it smacked Florida’s Panhandle. Hurricane Michael was barely a hurricane Tuesday morning, with winds of 90 mph. A little over … Source: Claims Journal
Read MoreBusiness News: Medata, Travelers, Ascot Insurance U.S.
Medata Expands Operations, Opens New Office in Nevada Medata, the leading medical cost containment technology company in workers’ compensation and auto liability lines, just opened a new office in Henderson, Nevada. Medata selected Henderson to expand its geographic footprint, according … Source: Claims Journal
Read MoreNHTSA Warns Carmakers on ‘Safest’ Label After Tesla Boast
The National Highway Traffic Safety Administration is taking exception to Tesla Inc.’s characterization of the agency’s safety ratings. On Sunday, Tesla Inc. released a lengthy blog post saying that it engineered the Model 3 to “be the safest car ever … Source: Claims Journal
Read MoreKansas Agencies Remind Drivers of Vehicle-Deer Collisions
It’s October and deer will soon be on the move, if they are not already. Deer often prance across the street without looking both ways and sometimes stop in the middle of the road with the dreaded “deer in the … Source: Claims Journal
Read MoreAIG May Be More Exposed to Storm Losses After Reinsurer Acquisition
American International Group Inc.’s Brian Duperreault spent his first year as chief executive officer on a rebuilding effort, and his biggest acquisition is the one that can magnify the insurance giant’s exposure to losses from catastrophes like Hurricane Michael. AIG … Source: Claims Journal
Read MoreStorm-Weary Carolinas Worry Michael May Impact Rebuilding
In the storm-weary Carolinas, Hurricane Michael is stoking fresh fears among homeowners who still have tarps on their roofs or industrial dehumidifiers drying their floors from destruction left by Hurricane Florence. Thousands of homes in North and South Carolina were … Source: Claims Journal
Read MorePG&E Equipment Tied to Northern California’s Cascade Wildfire
Sagging power lines owned by PG&E Corp. caused the fatal Cascade fire in Northern California last year, but no public codes were violated, according to a report by state investigators. PG&E equipment has already been blamed as the ignition source … Source: Claims Journal
Read MoreHard-Hit Indonesia Quake Zone Was Seen as High-Risk
When the violent shaking from a massive magnitude 7.5 earthquake finally stopped, Selvi Susanti stood up and realized something strange was happening. First, she saw the ground suddenly begin to sink. Then the pavement split beneath her feet like a … Source: Claims Journal
Read MoreVoters Will Consider Recreational, Medical Marijuana Initiatives
Nine states have legalized marijuana for so-called recreational use since 2012, including eight at the ballot box. Thirty-one states have authorized the drug for medical purposes. Four states have marijuana ballot questions this fall. Here’s a look at them: MICHIGAN … Source: Claims Journal
Read MoreNew Law Requires Audit of Failed FEMA Hurricane Contracts
A new law requires the Federal Emergency Management Agency to investigate how it came to award Hurricane Maria relief contracts to a company with an unproven record. The Associated Press reported last year that the newly-formed contractor, Florida-based Bronze Star, … Source: Claims Journal
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