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AAA Bond Ratings Still Being Issued to Coastal Cities Threatened by Climate Change
Last fall, after a trio of deadly hurricanes, ratings companies warned vulnerable coastal cities to get ready for climate change – or face higher borrowing costs on the $3.9 trillion municipal bond market. Climate advocates cheered, hoping the prospect of … Source: Claims Journal
Read MoreDespite Risky Walking Crackdown Oahu Pedestrian Deaths Doubles
The number of pedestrians killed on Oahu has doubled this year despite enforcement of laws aimed curbing risky walking behaviors. So far this year, 26 pedestrians have been killed on the island, increasing from the 13 pedestrian deaths recorded in … Source: Claims Journal
Read MoreSunken Duck Boat Water Pump Replacement Raises Questions
Records show a water pump had been replaced with a less powerful system in a tourist duck boat that sank in a Missouri lake, killing 17 people. The Kansas City Star reports that the original Higgins pump, which is capable … Source: Claims Journal
Read MoreFAA: Airlines Need to Heed Boeing Warning After 737 Max Crash
A U.S. aviation regulator plans to mandate that airlines follow an advisory issued by Boeing Co. on how pilots should handle false readings from a plane sensor that authorities say occurred on a 737 Max jet that crashed off the … Source: Claims Journal
Read MoreMaui Considers Storm-Damaged Coastal Road Repair Options
Maui County is considering long-term fixes for a section of a coastal road that’s in danger of collapsing if another major storm hits. A 30-foot (9-meter) section of Lower Honoapiilani Road near Kaopala Bay in west Maui needs to be … Source: Claims Journal
Read MoreFDA Approves Powerful Opioid Pill as Alternative to IV Painkiller
U.S. regulators on Friday approved a fast-acting, super-potent opioid tablet as an alternative to IV painkillers used in hospitals. The decision by the Food and Drug Administration came over objections from critics who fear the pill will be abused. In … Source: Claims Journal
Read MoreOpioids, Tobacco Caused 14K Indiana Deaths in 2017
Opioids and tobacco claimed the lives of 14,200 Indiana residents last year, costing the state $12.6 billion in healthcare expenses, lost productivity and other economic damages, two new reports say. The studies released last week by the Richard M. Fairbanks … Source: Claims Journal
Read MoreCommentary: Digitizing Claims Processing Can Be a Real Claim to Fame
By enabling anytime, anywhere accessibility to a simpler self-service online system, forward-thinking carriers can digitize claims processing, making it dramatically simplified, intelligent, and cost-effective, while boosting customer loyalty at the same time. The argument of ‘digital versus brick-and-mortar’ is almost … Source: Claims Journal
Read MoreJudge Rules for Insurer in Nebraska Wrongful Conviction Case
A Nebraska judge has ruled that an insurance provider doesn’t have to cover the legal debt of a Nebraska county that wrongfully convicted six people in a 1985 rape and murder. Lancaster County District Judge Jodi L. Nelson ruled Thursday … Source: Claims Journal
Read MoreFederal Agencies Clash on Cellphone Cancer Risk
Two U.S. government agencies are giving conflicting interpretations of a safety study on cellphone radiation: One says it causes cancer in rats. The other says there’s no reason for people to worry. No new research was issued Thursday. Instead, the … Source: Claims Journal
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