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Posts by Y@DminG

Gov’t Report Accuses NHTSA of Inadequate Recall Monitoring

An investigation has found that the U.S. government’s highway safety agency failed to act quickly on a consumer complaint, and that could have delayed recalls of dangerous Takata airbag inflators. A report by the Transportation Department’s Inspector General also found … Source: Claims Journal

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North Dakota Seeks New RV Safety Standards After Tornado

A deadly tornado that recently struck a western North Dakota city has prompted state and local officials to call for increased safety standards for RV parks that often house oilfield workers and families. McKenzie County leaders expect to meet with … Source: Claims Journal

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Biggest Cat Losses of the Past Decade Hit U.S. Insurers

Wildfires, hurricanes, tornadoes, hail storms, Nor’easters and mudslides. A string of disasters has pummeled the biggest U.S. insurers over the past year, and the second quarter was no exception. Allstate Corp. estimated its pretax catastrophe losses at $906 million for … Source: Claims Journal

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Insurers Offering Crypto Heist Policies on the Down-Low

In the staid and buttoned-up world of insurance underwriting, few want to talk about it. You won’t find many ads promoting it or details on company websites offering it. But according to industry insiders, there’s a hot new business that … Source: Claims Journal

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Insurers’ Drone Use Picks up After 2017 Hurricane Season

Insurers’ use of drones to inspect property claims came into full swing in 2017, after the FAA began issuing permission allowing commercial firms to operate unmanned aerial vehicles in designated U.S. airspace. Nearly a year later, while some insurers remain … Source: Claims Journal

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