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LexisNexis: U.S. Insurers Unprepared to Leverage IoT Data for Strategic Business Needs
While insurers in the U.S. recognize the impact the data will have on the industry, few currently have an IoT strategy, are collecting IoT data or have dedicated resources in place, according to a new LexisNexis Risk Solutions research. This … Source: Claims Journal
Read MoreLawmakers Frustrated With Pace of Airbag Repairs
Members of a Senate panel voiced frustration Tuesday with the pace of repairs for vehicles with defective Takata airbag inflators and urged regulators to complete work on a federal rule that would require automakers to use email and other forms … Source: Claims Journal
Read MoreWood Panel Fails at Oregon State University Construction Site
Construction on portions of the new College of Forestry building at Oregon State University has been halted after a large section of subflooring made of cross-laminated timber gave way between the second and third stories. University spokesman Steve Clark said … Source: Claims Journal
Read MoreAlaska Bill Considers Helping Homeowners Fix Heating Oil Tanks
Alaska lawmakers have begun considering a bill to help homeowners cover the cost of fixing leaking heating oil tanks. Depending on the size of the spill, everything from hiring contractors to buying cleanup supplies and even calling the state to … Source: Claims Journal
Read MoreEast Coast Residents Weary From Fourth Nor’easter
New Yorkers should expect a sloppy commute as the “the last gasp” of a nor’easter that dumped more than a foot in parts of the city heads out to sea. The city didn’t get the 18 inches (46 centimeters) that … Source: Claims Journal
Read MoreEmails Reveal FEMA’s Silence as Puerto Rico Sought Generator Fuel
As hundreds of people stood in line for food and many went hungry during the days and weeks after Hurricane Maria hit Puerto Rico, Walmart Inc. and local supermarkets threw out tons of spoiled meat, dairy and produce. Emails and … Source: Claims Journal
Read MorePeople News: Starr Companies, Netradyne, PartnerRe
Starr Companies Announces Organizational Changes Starr Companies announced the following organizational and leadership changes within the Casualty business units. Financial Lines and Professional Liability are consolidating under the leadership of Brian Inselberg, senior vice president. He will assume responsibilities for … Source: Claims Journal
Read MoreCatastrophes Affect Lloyd’s Profits, First Loss in 6 Years
Following one of the costliest years for natural catastrophes in the past decade, Lloyd’s, the specialist insurance and reinsurance market, announced an aggregated market loss of $2.7 billion for 2017. The key financial figures are: Aggregated market pre-tax loss of … Source: Claims Journal
Read MoreTips for Adjusters Preparing for a Deposition
Doug Wood, an attorney and member of the California-based law firm of Clark Hill, offered some tips for adjusters on preparing for a deposition during an interview with Claims Journal. Wood, presented on the subject at this year’s Combined Claims … Source: Claims Journal
Read MoreLiability in Uber Deadly Crash May Turn on Victim’s Steps
Uber Technologies Inc.’s potential liability for the death of a woman hit and killed in Arizona by a self-driving car may be limited after a video showed she suddenly walked into traffic on a dark street. The woman’s family could … Source: Claims Journal
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