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After Harvey, Texas Man Builds Residential Levee

After Hurricane Harvey inundated David Bush’s home with 20 inches of rain, he knew he wanted to rebuild but was worried about how his property could be protected from the next big storm. So Bush came up with a solution … Source: Claims Journal

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Allstate CEO: AI Will Thrash the Economy Like a ‘Tsunami’

Artificial intelligence is coming for the service economy, according to Allstate Corp. Chief Executive Officer Tom Wilson. “It’s going to rip through this economy like a tsunami,” Wilson said Thursday in an interview on Bloomberg TV from Aspen, Colorado. Automation … Source: Claims Journal

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FedEx, Volvo Test Truck Platooning to Catch Up to Europe

FedEx Corp. is trying out new technology to tighten spacing between freight trucks traveling on the highway as a way to increase safety, relieve traffic congestion and reduce fuel consumption. The test of a technique called “platooning” involves Volvo AB … Source: Claims Journal

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Louisiana Seeks to Clarify Named Storm/Hurricane Deductible Law

The Louisiana Department of Insurance has issued an advisory letter to property/casualty insurers operating in the state that seeks to clarify the interpretation and application of state law regarding policy deductibles in relation to named storms/hurricanes/subtropical storms. Advisory Letter No. … Source: Claims Journal

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