Uncategorized

Equifax Inc.’s insurance against cyber breaches is likely inadequate to cover the credit-reporting company’s costs tied to one of the biggest hacks in history, according to people familiar with the coverage. The company holds a policy that would probably cover … Source: Claims Journal

Twenty miles may have made a $150 billion difference. Estimates for the damage Hurricane Irma would inflict on Florida kept mounting as it made its devastating sweep across the Caribbean. It was poised to be the costliest U.S. storm on … Source: Claims Journal

A new Progressive Insurance study shows about one third of drivers feel confident in their own ability to text and drive, yet the majority believe distracted driving is the biggest cause of auto accidents and more than 90 percent say … Source: Claims Journal

If you are a commuter, Southern California freeways are your nightmare. If you happen to be a deer, coyote or raccoon, the highways of Northern California are a lot worse. A study released Thursday by the University of California Davis … Source: Claims Journal

In Maryland, which historically has ducked many of the worst storms of the last 50 years, the question is increasingly not if, but when the next big one will strike. And while some believe the state has often been spared … Source: Claims Journal

Bryan Harvey is frequently reminded that he shares a name with the hurricane that dumped 50 inches of rain on metropolitan Houston, Texas, and unleashed the floods that have him working 14-hour days towing water-logged cars. Even in their despair, … Source: Claims Journal

A group defending Michigan’s auto insurance system says it has uncovered instances of insurers illegally selling more expensive policies to women and widowed drivers, raising questions about state oversight of rating practices as the industry pushes lawmakers to contain high … Source: Claims Journal

An Associated Press analysis shows a steep drop in flood insurance across the state, including the areas most endangered by what could be a devastating storm surge. In just five years, the state’s total number of federal flood insurance policies … Source: Claims Journal

A report released two decades ago on the Harris County reservoir system predicted with alarming accuracy the catastrophic flooding that would besiege the Houston, Texas, area if changes weren’t made in the face of rapid development. The report released in … Source: Claims Journal

Fully self-driving cars are set the hit the road within four years, but most Americans aren’t ready to buy them. The majority of U.S. consumers remain wary of the developing technology, with 55 percent of drivers surveyed by consultant AlixPartners … Source: Claims Journal