Posts by Y@DminG

LOS ANGELES (AP)–Rain drenched Southern California on Tuesday as a powerful storm slid down the state, snarling traffic as vehicles spun out and raising the threat of mudslides in areas scarred by wildfires. Nearly 7 inches (18 centimeters) of rain … Source: Claims Journal

McMINNVILLE, Ore. (AP)–The opioid epidemic blew into this picturesque Oregon town like a toxic wind, leaving overdoses, addiction, homelessness and wrecked families in its wake. In a humble, single-story brick building, three blocks from downtown McMinnville’s wine-tasting rooms and cafes, … Source: Claims Journal

The Arctic continues to deteriorate from global warming, not setting as many records this year as in the past, but still changing so rapidly that federal scientists call it alarming in their annual Arctic report card. The 16th straight health … Source: Claims Journal

MAYFIELD, Ky. (AP) –Workers, volunteers and members of the National Guard fanned out in areas of Kentucky slammed by a series of tornadoes to begin the long process of recovery, including replacing thousands of damaged utility poles, delivering bottles of … Source: Claims Journal

More than 400 claims-adjusting firms have been licensed in Florida in the last month, in keeping with a state law that requires that firms, not just adjusters, go through the licensing process, the state’s chief financial officer announced. Senate Bill … Source: Claims Journal

Artificial intelligence, and more specifically machine learning, is being deployed in the insurance space in some very exciting ways — from assessing underwriting risks to determining pricing to evaluating claims. But with these advances come sizable risks, some of which … Source: Claims Journal

The insurance industry is lagging behind other sectors in offering customers digital options to communicate with claims administrators, according to a report by J.D. Power. The consumer analytics firm said only 40% of claimants interacted with an estimator using digital … Source: Claims Journal

Extreme weather events in 2021 shattered records around the globe. Hundreds died in storms and heatwaves. Farmers struggled with drought, and in some cases with locust plagues. Wildfires set new records for carbon emissions, while swallowing forests, towns and homes. … Source: Claims Journal

LONDON — Investors managing $4.1 trillion in assets are urging the world’s biggest chemicals companies to phase out production of hazardous substances which linger in the environment and have been linked to serious health problems. The move by 23 investors … Source: Claims Journal

WASHINGTON — The U.S. Supreme Court on Monday declined to hear a bid by Johnson & Johnson to throw out a lawsuit brought by the state of Mississippi over allegations that the company failed to inform residents that its talc-based … Source: Claims Journal