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Peak Hailstorm Season Is Coming: Protecting Rooftop Solar Panels From Damage
As the U.S. heads into peak hailstorm season, homeowners that have installed solar power face the prospect of chunks of ice damaging their panels. “Those instances of damage are rare, but the more extreme weather gets with climate change, it’s … Source: Claims Journal
Read MoreStudy Shows AI Spots Suspicious Claims Earlier Than Traditional Approaches
Machine learning models detect suspicious claims two weeks after submission, much faster than traditional methods, according to a new CLARA Analytics study on fraud detection in property/casualty insurance claims. The research, completed in November 2024, analyzed 2,867 claims from 2020 … Source: Claims Journal
Read MoreMore Tornadoes And Fewer Meteorologists Make for A Dangerous Mix
As nasty tornadoes popped up from Kansas to Kentucky, a depleted National Weather Service was in scramble mode. The agency’s office in Jackson, Kentucky, had begun closing nightly as deep cuts by Elon Musk’s Department of Government Efficiency began hitting. … Source: Claims Journal
Read MoreFirst Heat Wave of Season to Bake West, Increasing Wildfire Risk
Extreme heat levels of are expected in the western United States later this week, raising the risk wildfires and heat-related illnesses and putting a strain on power grids. Meteorologists at AccuWeather say a strong dome of high pressure will be … Source: Claims Journal
Read MoreUBS Client Can’t Sue Bank Over Broker’s Alleged Affair With Wife
A UBS Group AG client, who alleges his wealth adviser had an affair with his wife and tried to help her take control of family funds, can sue the broker but not the Swiss firm, a New York judge ruled. … Source: Claims Journal
Read MoreDIY Home Inspections? They Are Taking Over, Firms Say
The future of home inspections has arrived, and the process is increasingly falling into the hands of…the homeowner. That’s according to leaders of two firms that have developed do-it-yourself systems now being used by prospective insureds across the country for … Source: Claims Journal
Read MoreFour Ex-VW Managers Convicted in Germany Over Diesel Scandal
Four former Volkswagen AG managers were convicted by a German court for their roles in the diesel-emission scandal, involving the manipulation of millions of cars and causing €2.1 billion ($2.4 billion) in damages to drivers. Jens Hadler, who led diesel-engine … Source: Claims Journal
Read MoreSouthern California Edison Paying $82.5M to Settle Claims Over 2020 Bobcat Fire Damages
Southern California Edison, a unit of utility Edison International, agreed on Friday to pay $82.5 million to settle claims with the U.S. Forest Service for costs and damages resulting from the Bobcat Fire in 2020. The U.S. government had filed … Source: Claims Journal
Read MoreATI Restoration Names Van Sant VP of Estimating, Coleman Director of Estimating
ATI Restoration made two leadership promotions within its Central U.S. estimating team. Todd Van Sant was named vice president of estimating, and Brandon Coleman was promoted to director of estimating. Van Sant joined ATI in 2021. He has more than … Source: Claims Journal
Read MoreUrban Fires Can Mean Long Trips for Helicopters to Get Water. One Firefighter Had A Better Idea
Mark Whaling and a crew raced up and down a hill in a tanker truck as they battled a wildfire in Los Angeles County, scrambling to get water from a street hydrant in time to stay ahead of flames moving … Source: Claims Journal
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