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Commentary: Disasters Cost More as We Insure Them Less

Last year was the second-costliest year for disasters since 1970, according to a new analysis from reinsurance firm Swiss Re AG. Global economic losses from these events reached $337 billion in 2017, behind only 2011’s total losses, and less than … Source: Claims Journal

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HSB Survey Finds Passwords Not so Secret

Passcodes Kept on Sticky Notes, Recipe Cards and Slips of Paper How many different passwords do you have for your smartphone, tablet or computer? Where do you keep the passcodes that you can’t remember? Almost half of U.S. consumers use … Source: Claims Journal

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Business News: TrueMotion, INRIX, Enservio, Allianz, AGCS, ParaZero

TrueMotion, INRIX Partner to Deliver Contextual Driving Data to Insurers TrueMotion, the leading platform for smartphone telematics, announced a strategic partnership with INRIX, the global leader in connected car services and transportation analytics, to provide contextual driving data to auto … Source: Claims Journal

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AAA: Hit-and-Run Deaths Hit Record High

More than one hit-and-run crash occurs every minute on U.S. roads, according to new research from the AAA Foundation for Traffic Safety. These resulted in 2,049 deaths in 2016 – the highest number on record and a 60 percent increase … Source: Claims Journal

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