Posts by Y@DminG
Hockey Helmet Earns First 4 Star Safety Rating
A newly released hockey helmet has earned four out of five stars from the Virginia Tech Helmet Ratings, scoring higher than any other helmet since the first hockey ratings were released two years ago. The new helmet, the Bauer RE-AKT … Source: Claims Journal
Read MoreEl Nino Not Likely, Active Atlantic Hurricane Season Looms
Forecasters again lowered the odds of El Nino forming by year’s end, a scenario that may mean more Atlantic hurricanes at a time when federal agencies charged with predicting and responding to natural disasters lack top administrators. The updated forecast, … Source: Claims Journal
Read MoreFraud News: Auto Fraud Rings Busted, Fake Boat Insurance Claim Uncovered
Georgia DOI Busts 26 Suspects in Auto Fraud Ring Arrest warrants were issued this week in connection with an automobile insurance fraud ring centered in the Columbus, Georgia area, according to an announcement by Insurance Commissioner Ralph Hudgens. The fraud … Source: Claims Journal
Read MoreSelf-Driving Cars May Hit the Road Next Year
Autonomous vehicles with no human backup will be put to the test on publicly traveled roads as early as next year in what may be the first attempt at unassisted autonomous piloting. Automotive electronics and parts maker Delphi and French … Source: Claims Journal
Read MoreTexas’ Texting While Driving Ban Takes Effect September 1
Texting while driving will soon be illegal in Texas. Gov. Greg Abbott signed the ban into law Tuesday, ending a decade-long effort by safety advocates to reduce potentially deadly driver distractions on the road. Texas will become one of the … Source: Claims Journal
Read MoreNICB: Top 10 Vehicle Theft Hotspots in the Nation
The Albuquerque, N.M. metropolitan statistical area (MSA) had the highest per capita auto theft rate in 2016 according to the National Insurance Crime Bureau’s (NICB) latest Hot Spots report. Hot Spots examines vehicle theft data obtained from the National Crime … Source: Claims Journal
Read MoreProperty Insurer Liable for Shortfall in Policy Benefits Promised by Agent, Due to Unexplained Effect of Coinsurance Clause
A Florida state Court of Appeal reversed the dismissal of a claim for negligent procurement of property insurance, because, when placing the coverage, the insurer’s agent failed to account for a reduction in insurance loss proceeds caused by operation of … Source: Claims Journal
Read MoreThe 7 Habits of Highly Effective Coverage Adjusters
Good coverage adjusters don’t keep score of coverage denials and consider the policyholder, underwriter and agent perspectives when reviewing coverage, according to Kevin Quinley, founder and principal of Quinley Risk Associates. Quinley, who has nearly four decades of claims handling … Source: Claims Journal
Read MoreSocial Media Rants Prompts More Interest in Libel Insurance
Courtney Love spent almost six years in litigation accused of libeling her former attorney in a Twitter post that was visible for less than 10 minutes. She paid a reported $780,000 in settlements as a result of two other defamation … Source: Claims Journal
Read MoreClimate Change Poses New Risk to Inland Bridges
A century-old train trestle stands as one of the trophies of Des Moines’ push to spruce up its downtown. Bicyclists and pedestrians pose for pictures beside the brightly painted beams of the Red Bridge and gather on viewing platforms overlooking … Source: Claims Journal
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