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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
Read MoreUptick 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
Read MoreResearchers Demonstrate How Lightning Strikes Can Improve Storm Forecasts
Humans have always been frightened and fascinated by lightning. This month, NASA is scheduled to launch a new satellite that will provide the first nonstop, high-tech eye on lightning over the North American section of the planet. University of Washington … Source: Claims Journal
Read MoreArkansas, Louisiana, and West Virginia Have Highest Rates of Workplace Deaths in Southeastern U.S.
According to the National Institute for Occupational Safety and Health (NIOSH), researchers found that one U.S. region with a particularly high fatal injury rate is the Southeast with 5.2 work-related injury deaths per 100,000 workers, compared with 3.8 nationwide. To … Source: Claims Journal
Read MorePeople 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
Read MoreUsing 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
Read MoreBusiness 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
Read MoreLa 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
Read MoreClarence 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
Read MoreStruck Walker Shows Need for Safety Work near Mississippi University
A pedestrian advocacy group again seeks safety improvements after a Mississippi State University student was struck Saturday night. Police arrested 22-year-old Jaleen Jenkins for aggravated DUI, driving with a suspended license and no proof of insurance, and have jailed him … Source: Claims Journal
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