Posts by Y@DminG
Research Says Hawaii Volcano Oozed Hot Lava for Decades
Hawaii’s Kilauea is not your typical blow-the-top-off kind of volcano. It’s been simmering and bubbling for about 35 years, sending superhot hot lava spewing up through cracks in the ground. This month’s eruptions are more of the same, except the … Source: Claims Journal
Read MoreNICB Issues Warning on Fraud Related to Flood-Damaged Cars
A young man who bought a pickup truck in Houston is now warning buyers to follow the advice of the National Insurance Crime Bureau (NICB) before closing a deal on a used vehicle. Kenton Basinger shelled out $14,000 for a … Source: Claims Journal
Read MoreKansas Turnpike Offers Tornado Bunkers at Toll Plazas Statewide
Facing a tornado in your car on the open road with no buildings – much less basements – for miles is a terrifying thought. For travelers on the Kansas Turnpike, at least, there are underground storm shelters at most toll … Source: Claims Journal
Read MoreReport Finds Worker Deaths Increased in Nashville Housing Boom
An analysis by a Tennessee newspaper has found that a decline in safety inspections and ignored safety rules have led to an increase in worker deaths during Nashville’s housing boom. Citing state and federal Occupational Safety and Health Administration data, … Source: Claims Journal
Read MoreLast Year’s Monster Hailstorm Caused $2.3B Damage in Colorado
The insurance costs for the monster hailstorm that pounded Colorado’s Front Range on May 8, 2017 have skyrocketed from an initial estimate of $1.4 billion to $2.3 billion – maintaining its infamous ranking as Colorado’s most expensive insured catastrophe. The … Source: Claims Journal
Read MoreBusiness News: RMS, Roost/The Weather Company, Hiscox
RMS Releases New Japan Earthquake and Tsunami High Definition Model Global risk modeling and analytics firm RMS announced the release of its new Japan Earthquake and Tsunami High Definition (HD) model. RMS collaborated with local experts, scientific agencies and insurers … Source: Claims Journal
Read MoreOSHA Forms Alliance to Prevent Trench Deaths in North Dakota
Some business groups in North Dakota are working with the federal Occupational Safety and Health Administration to increase awareness of trenching hazards and collaborate on training programs. The alliance members signed a two-year agreement Thursday at the North Dakota Safety … Source: Claims Journal
Read MoreDOT Urges Drivers to Repair Faulty Takata Airbags Now
The U.S. Department of Transportation is again urging owners of vehicles with defective Takata airbags to seek repairs immediately. The agency singled out Ford Rangers and Mazda B-Series trucks from 2006, which are under a “do not drive” warning. The … Source: Claims Journal
Read MoreAmid Crash Inquiry Uber Hires Former NTSB Chairman as Adviser
Uber Technologies Inc., whose self-driving car program is reeling from a fatal collision with a pedestrian, has hired Christopher Hart, the former chairman of the National Transportation Safety Board, to advise the company. That same board is investigating the Tempe, … Source: Claims Journal
Read MoreSurvey: Claims, Customer Service and Underwriting Main Focus of Insurer Data Analytics
Three frontrunners lead US property & casualty (P&C) insurers’ priorities for data and advanced analytics: customer experience; claims management; and telematics data for pricing, customer selection and product design. This finding, and the growing range of data sources that insurers … Source: Claims Journal
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