Posts by Y@DminG
Report Says Key Changes Needed to Prevent Oil Rail Disasters
A prestigious scientific organization on Wednesday called for more frequent and better inspections of freight railroad tracks to prevent potentially catastrophic oil and ethanol train crashes. A report by the National Academies of Sciences also urged better training for emergency … Source: Claims Journal
Read MoreFAA Drone Panel Can’t Agree on Need for Security Measures
A panel of industry and law enforcement officials couldn’t agree on how civilian drones should be tracked by authorities, adding uncertainty to the push for expanded commercial uses. The advisory committee, established earlier this year by the Federal Aviation Administration, … Source: Claims Journal
Read MoreProminent New Orleans Attorney Suspended For Mishandling Insurance Claim
Prominent New Orleans civil attorney Joseph Bruno Sr. has been suspended from practicing law for 30 days after Louisiana’s Supreme Court found he was negligent in handling an insurance claim. Bruno was previously disciplined in 1989, while he was part … Source: Claims Journal
Read MoreSt. Louis Cardinals’ Safety Act Proposal Gets Senator Backing
Sen. Claire McCaskill on Wednesday asked the Department of Homeland Security to give “full consideration” to the St. Louis Cardinals’ request for certification that would give the team certain legal protections in the event of a terrorist attack at Busch … Source: Claims Journal
Read MoreBusiness News: IBM, Med-IQ, Octo Telematics
IBM Introduces Industry Platform Designed Specifically for Insurers IBM announced it is building an insurance platform on the IBM Cloud that aims to improve the processes and economics for new product development, underwriting and benefits delivery. Built in collaboration with … Source: Claims Journal
Read MoreDistracted Driving Gets Worse With More Tech-Crammed Cars
The infotainment technology that automakers are cramming into the dashboard of new vehicles is making drivers take their eyes off the road and hands off the wheel for dangerously long periods of time, an AAA study says. The study released … Source: Claims Journal
Read MoreSmall Sparks Can Lead to Big Wildfires
A carelessly discarded cigarette, a downed power line, a car’s backfire or a chainsaw’s pull. Just about anything could have started any one of the wildfires now tearing through Northern California, authorities said. “Every spark is going to ignite a … Source: Claims Journal
Read MorePeople News: MedRisk, Starr Companies, AIG, Arch Capital Group
MedRisk Promotes Ryan to CEO Mike Ryan has been promoted to chief executive officer and president of MedRisk, a managed care company specializing in physical rehabilitation within workers’ compensation. Founder Shelley Boyce is maintaining an active role as executive chairman. … Source: Claims Journal
Read MoreDeath Toll Climbs to 14 for Florida Nursing Home That Lost AC in Irma
Two women who lived at a Florida nursing home that lost air conditioning during Hurricane Irma have died, bringing to 14 the number of fatalities linked to the home. Cecilia Franco, 90, and Francesca Andrade, 95, died from ailments suffered … Source: Claims Journal
Read MoreP/C Insurer Software Provider Guidewire to Acquire Data Science Firm Cyence
Guidewire Software Inc., a provider of core operations software to property/casualty insurers, has agreed to acquire Cyence, a data science and risk analytics software company. Guidewire will pay approximately $275 million in cash and stock. Cyence applies data science and … Source: Claims Journal
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