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Most Cars Not Equipped With Life-Saving Auto Technology

Computerized sensors that warn drivers they’re about to rear-end another vehicle or prevent other types of accidents are available on models made by every major auto manufacturer. The problem, according to a U.S. safety agency and accident-prevention advocates, is that … Source: Claims Journal

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Uptick in Auto Claims Severity Due in Part to Distracted Drivers

Earlier this year, Fitch Ratings reported that the commercial auto insurance market suffered its fifth consecutive year of underwriting losses in 2015. The commercial auto combined ratio averaged 106 percent from 2011-2015, Fitch reported. According to James Auden, managing director … Source: Claims Journal

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People News: XL Catlin, BSA, GEICO

XL Catlin’s North America Property Insurance Team Promotes Two in US and Bermuda XL Catlin’s North America Property Insurance business announced two promotions. William Volz has been promoted to Southern California regional underwriting leader in Los Angeles while Mark Flanagan … Source: Claims Journal

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Using Graph Analysis to Root Out Complex Fraud Rings

A new form of predictive analytics offers the ability to detect fraud committed by a group or ring in real time. According to Philip Rathle, vice president of products for California-based Neo4j, graph analysis dates back to 2000, when the … Source: Claims Journal

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Business News: ISO, Erie Insurance, Verisk Analytics

ISO Announces New Miscellaneous Professional Liability Program ISO, a Verisks Analytics business, announced a new Miscellaneous Professional Liability Program to help insurers cover one of the fastest-growing sectors of the U.S. economy. The professional services industry in the United States … Source: Claims Journal

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La Nina’s Stay Temporary, Could Last Through Winter

La Nina has arrived and could hang around through winter, government weather forecasters said Thursday. La Nina, the flip side of El Nino, is the periodic cooling of the central Pacific Ocean that affects weather patterns around the globe. Predictions … Source: Claims Journal

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Clarence M. Ditlow III, Auto Safety Advocate, Dies

Clarence M. Ditlow III, the executive director of the Center for Auto Safety whose work over four decades forced the auto industry to make important safety and consumer improvements, including installing airbags, has died. Ditlow died at George Washington University … Source: Claims Journal

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