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Erie Insurance Facing 2 Class Actions Claiming Data Breach
Not one but two class action lawsuits have been filed against Erie Insurance even as the insurer continues to investigate its cybersecurity incident. One lawsuit was filed by an Illinois customer, Neil Plascencia; the other by Amy Haas, a former … Source: Claims Journal
Read MoreFlash Flooding Kills 5 in West Virginia
Flash flooding caused by torrential rains killed five people in northern West Virginia and rescue crews were searching for three other people who were missing Sunday as authorities assessed damage to roads, bridges, natural gas lines and other infrastructure. Officials … Source: Claims Journal
Read MoreA Shrinking FEMA Puts Lake Town’s Rebuilding Plans in Limbo
When Hurricane Helene’s flood waters slammed into Lake Lure’s century-old dam last September, gouging a massive scar into one embankment and cascading five months’ worth of rain down its sides, town commissioner Dave DiOrio worried it might fail. Emergency sirens … Source: Claims Journal
Read MoreHow Big Batteries Could Prevent Summer Power Blackouts
In any other year, May 14 may well have been an energy disaster in Texas. Temperatures climbed to seasonal levels not seen in over a century: 92F in Dallas, 95F in Houston and 104F in Laredo. Air conditioners hummed en … Source: Claims Journal
Read MorePie Insurance’s Tech-Driven Approach Led to Early Adoption of AI in Claims
It makes sense that Pie Insurance, which arose amid the explosion insurtechs and fintechs in the businessworld, is embracing the power and promise of artificial intelligence—particularly in its claims operations. The Denver, Colorado-based insurer has made a name for itself … Source: Claims Journal
Read MoreTop Boeing Exec Pope Visits Air India HQ to Discuss Plane Crash, Sources Say
The head of Boeing Commercial Airplanes, Stephanie Pope, met the chairman of Air India on Monday in India, two sources said, as the companies seek to find the cause of last week’s fatal crash involving a Boeing 787 Dreamliner. Pope … Source: Claims Journal
Read MoreCalifornia vs. Florida: A Tale of Two Insurance Markets
Until recently, homeowners insurers weren’t allowed to use catastrophe models to justify needed rate increases, or to include the cost of reinsurance in their rate indications in the state of California. While that changed late last year when Commissioner Ricardo … Source: Claims Journal
Read MoreResearchers Chase Hail Across Great Plains in Effort to Improve Forecasting
Wind roared against the SUV’s windows as its tires sloshed through water dumped onto the road by the downpour. A horizon-wide funnel cloud loomed out the window, several miles away. Then came the loud metallic pings on the roof. First … Source: Claims Journal
Read MoreDeaths in San Antonio Rise to 11 and Some Are Still Missing After Heavy Storms, Officials Say
The number of deaths from drenching rains in San Antonio rose to 11 people on Friday and crews searched for others still missing a day after fast-rising floodwaters tossed and swept away more than a dozen cars into a creek. … Source: Claims Journal
Read MoreUS Supreme Court to Hear Chevron, Exxon Appeal Over Louisiana Coastal Damage
The U.S. Supreme Court agreed on Monday to hear a bid by Chevron, Exxon Mobil and other oil and gas companies to have lawsuits brought by two Louisiana localities accusing them of harming the state’s coast over a period of … Source: Claims Journal
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