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LexisNexis: Catastrophe Claims Rise as Losses Decline
In 2016, Colorado and Texas homeowners suffered the greatest percentage of catastrophic losses due to extreme weather and other perils, according to the latest study of home insurance trends from LexisNexis Risk Solutions. The six-year study indicates that despite the … Source: Claims Journal
Read MoreHurricane Maria May Be U.S. Preview of Forced Climate-Fueled Migration
Hurricane Maria’s devastation of Puerto Rico may offer a preview for Americans of one of the most jarring potential consequences of global warming: the movement of large numbers of people pushed out of their homes by the effects of climate … Source: Claims Journal
Read MoreHighway Striping Fiasco: Alaska DOT Recommends Vaseline to Remove Paint From Cars
New yellow painted highway lines in the Alaska’s Panhandle city of Ketchikan are crooked and the paint that’s been used by state transportation officials has stained cars, officials said. Among those affected was Ketchikan Gateway Borough Mayor David Landis, whose … Source: Claims Journal
Read MoreMichigan Supreme Court to Hear Golf Cart Injury Case
The Michigan Supreme Court is taking a swing at a golf cart dispute. The justices want to hear more about a golfer who was accidentally struck by a cart at Farmington Hills Golf Club in May 2013. During a game, … Source: Claims Journal
Read MoreBoat Insurer Lawyers Blast Man Whose Mom Was Lost at Sea
Insurance company lawyers on Monday blasted a Vermont man whose mother was lost at sea, saying he made suspicious alterations to his boat before what they called its “most curious sinking.” Lawyers for Nathan Carman’s insurance company said in documents … Source: Claims Journal
Read MoreMore Buildings at Risk of Collapse Following Mexico Quake
As many as 360 buildings and homes are in danger of collapse or with major damage in Mexico City nearly a week after a magnitude 7.1 earthquake completely collapsed 38 structures. The risk of delayed collapse is real: The cupola … Source: Claims Journal
Read MorePolaris 3-Wheeled Slingshot Probed After Deadly Driver Ejection
U.S. auto-safety investigators are probing seatbelts installed in Polaris Slingshot three-wheeled vehicles after a driver was thrown and killed in a crash despite being buckled up. The Slingshot slid sideways into oncoming traffic while the driver was making a lane … Source: Claims Journal
Read MorePoll: Few American Commit to Disaster Preparedness
Following hurricanes Harvey and Irma, the Property Casualty Insurers Association of America (PCI) is encouraging Americans to increase their commitment to natural disaster preparation. A poll taken prior to the storms found that fewer than one quarter of Americans have … Source: Claims Journal
Read MoreInsurance Rates Not Likely to Rise in Utah City After Wildfire
Insurance rates aren’t expected to go up in an Ogden, Utah, neighborhood where a wildfire destroyed three homes and caused the evacuations of hundreds. But authorities are warning the residents to be on high alert for landslides because the land … Source: Claims Journal
Read MoreBusiness News: CCC, Willis Towers Watson, Startupbootcamp
CCC Announces New Platform Connecting OEMS to Insurers CCC Information Services Inc. and its affiliates (CCC) announced the general availability of the CCC ONE Platform for OEMs, a hyperscale platform that creates a single connection between Original Equipment Manufacturers (OEMs) … Source: Claims Journal
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