Uncategorized
Many Businesses Don’t Have Enough Insurance to Cover Disaster-Related Losses
A fire at the gun shop next door never reached Kathy Laurienti’s sausage and specialty food store, but the water and smoke damage was enough to shut her business down. Because Laurienti didn’t have enough insurance, it’s still closed – … Source: Claims Journal
Read MoreResidents Fear of Flooding on Virginia’s Vulnerable Coast on the Rise
When floodwaters poured into Holly Furlong’s Virginia Beach home in October, she ripped out electrical cords and rushed her four children upstairs. They spent the next two days without power, building blanket forts while anxiously waiting for sewage-tainted waters to … Source: Claims Journal
Read MoreKentucky Governor Gets Okay to Appoint Workers’ Comp Judges
A Kentucky judge has cleared the way for Republican Gov. Matt Bevin to appoint six administrative law judges to help ease a backlog of workers’ compensation cases. The ruling by Franklin County Circuit Judge Phillip Shepherd is a victory for … Source: Claims Journal
Read MoreAuto Safety Agency Wants Cell Phone Makers to Lock Out Most Apps While Driving
The government wants smartphone makers to lock out most apps when the phone is being used by someone driving a car. The voluntary guidelines unveiled Wednesday are designed to reduce crashes caused by drivers distracted by phones. The National Highway … Source: Claims Journal
Read MoreU.S. Says GM Can Delay Recall to Prove Airbag Safety
U.S. auto safety regulators are allowing General Motors to delay a large recall of potentially defective airbags, giving the company time to prove that the devices are safe and to possibly avoid a huge financial hit. The unusual move by … Source: Claims Journal
Read MoreJapan Quake and Tsunami Reminder of 2011 Catastrophic Event
At first, it was 2011 all over again. “It really came back. And it was so awful. The sways to the side were huge,” Kazuhiro Onuki said after northeastern Japan was jolted Tuesday by a magnitude-7.4 earthquake, the strongest since … Source: Claims Journal
Read MoreQuake Hit Oklahoma Town Sues 27 Energy Firms
Residents of a town hit by Oklahoma’s strongest earthquake have filed a class-action lawsuit against dozens of energy companies, accusing them of triggering destructive temblors by injecting wastewater from oil and gas production underground. Pawnee residents filed the suit Thursday … Source: Claims Journal
Read MoreApps Help With Thanksgiving Roadside Assistance
An estimated 48.7 million Americans will travel 50 miles or more from home this Thanksgiving, an increase of one million travelers compared with last year, according to AAA. This represents the most Thanksgiving travelers since 2007. Driving remains most popular … Source: Claims Journal
Read MoreFingerprints Biometric Security Not Foolproof
It sounds like a great idea: Forget passwords, and instead lock your phone or computer with your fingerprint. It’s a convenient form of security – though it’s also perhaps not as safe as you’d think. In their rush to do … Source: Claims Journal
Read MoreHow Data Analytics Helps to Control Workers’ Comp Claims and Costs
Several challenges unique to workers’ compensation claims highlight the benefits of a robust data analytics system, according to a panel of experts who presented on the subject during Verisk Insurance Solutions’ Monday webinar series. Underwriting new risks, managing medical provider … Source: Claims Journal
Read More