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Even Nobel-Winning Chemists Don’t Know What’s in Your Weed Vape
The vaping health crisis sweeping the U.S. is highlighting how little scientists and health officials know about the marijuana being consumed on a daily basis by millions of Americans. That lack of research, which stems from a longstanding federal prohibition … Source: Claims Journal
Read MoreBoeing’s 737 Max Flight Tests Underestimated Risks, U.S. Investigators Say
Boeing Co.’s evaluation of the 737 Max system during development used an oversimplified test that didn’t anticipate the cacophony of alarms and alerts that actually occurred during a pair of deadly crashes, U.S. investigators concluded. In the first official finding … Source: Claims Journal
Read MoreCarriers Demonstrate Insuretech Innovations that Simplify Adjusting
LAS VEGAS — The theme on the opening day of the InsureTech Connect conference was that the insurance industry is in dire need of disruption. On Wednesday, the conversation turned toward the digital transformation that has already begun. Patrick Gee, … Source: Claims Journal
Read MoreCalifornia Finds Affinity Group Auto Insurance Discounts Favor Higher Income Drivers
California insurance regulators released data showing what the CDI is calling “wide socioeconomic disparities” in auto insurance group discounts offered to millions of California drivers. The California Department of Insurance says some insurers offer lower automobile premium pricing to certain … Source: Claims Journal
Read MoreCar Crash Death Caused by Donkey in Road Could Cost Mississippi Woman $2 Million
A Mississippi woman whose loose donkey caused a fatal car crash has been ordered to pay more than $2 million in a wrongful death lawsuit last month. The Greenwood Commonwealth reports K.K. Henderson Kent was sued by Sandra Santos, whose … Source: Claims Journal
Read More17 Cybersecurity Products the Cyber Insurance Industry Says Are Worthwhile
Insurance broker Marsh has unveiled the inaugural class of cybersecurity products and services receiving a Cyber Catalyst designation that is part of an evaluation program its backers hope will bring greater clarity in the crowded cybersecurity marketplace. Cyber Catalyst by … Source: Claims Journal
Read MoreU.S. Aviation Regulator Denies Misleading Congress on 737 Max Inspectors
American aviation regulators misled Congress about a whistle-blower’s allegation that many inspectors performing safety assessments on the now-grounded Boeing Co. 737 Max airplane weren’t properly qualified to certify pilots or assess pilot training, a government watchdog agency has concluded. The … Source: Claims Journal
Read MoreTravelers Agents Get Aerial Property Damage Viewer to Expedite Disaster Claims
Property/casualty insurer Travelers is now providing its insurance agents and brokers with before-and-after photos of areas affected by disasters. The Travelers Catastrophe Map Viewer provides access to searchable, high-resolution aerial images that are often available within one or two days … Source: Claims Journal
Read MoreInsuretech Speakers Blaze Trail From Michelin Guides to Smart Phones
LAS VEGAS — People who buy gasoline generally don’t care for the product or enjoy the experience of pumping gas: They just want to drive. Chris Colborn, chief experience officer for the Lippincott creative consulting firm, opened with that analogy … Source: Claims Journal
Read MoreOklahoma Approves 5% Cut in Workers’ Compensation Loss Costs for Next Year
A 5.1% percent decrease in workers’ compensation insurance loss costs in Oklahoma for 2020 has been approved by Insurance Commissioner Glen Mulready, the state insurance department announced. Loss costs are the average cost of lost wages and medical payments of … Source: Claims Journal
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