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Quake Near Oklahoma Oil Hub Causes Substantial Damage
A magnitude 5.0 earthquake centered near one of the world’s key oil hubs brought down building facades and shattered windows in a central Oklahoma city, rendering century-old buildings unsafe and raising concerns about key infrastructure. As the sun rose Monday, … Source: Claims Journal
Read MoreSpecial Interest Groups Donate Millions to Shape N.C. High Court
Outside groups are spending millions to try to influence the political balance of North Carolina’s Supreme Court, with even Barack Obama weighing in with a rare endorsement in a state judicial contest. Although justices don’t officially run as Republicans or … Source: Claims Journal
Read MoreTech Innovation Noted as Top Growth Prospect for Reinsurers
Technology innovation will provide the biggest growth opportunities for reinsurers in the year ahead, according to a just released survey by Guy Carpenter & Company, LLC, global risk and reinsurance specialist and wholly owned subsidiary of Marsh & McLennan Companies. … Source: Claims Journal
Read MoreAccenture: One-Third of Corporate Cyber Attacks Succeed
About one-third of targeted attempts to breach corporations’ cyber defenses succeed but three-quarters of executives remain unaccountably confident in their security strategies, Accenture Plc. reported Wednesday in a survey of 2,000 security officers representing large enterprises worldwide. The “alarmingly high” … Source: Claims Journal
Read MoreSharing Economy, New Technology Pose New Questions for Insurers
Emerging risks associated with the sharing economy and new technology pose new challenges for insurers, according to members of the International Association of Claim Professionals (IACP) who sat down with Claims Journal for an exclusive interview. Marc Karnell, global head … Source: Claims Journal
Read MoreOfficials Maintain Conservation Message Despite California’s Drought Divide
Among the changing red and yellow fall leaves of Yosemite National Park, nature artist Penny Otwell is marveling at the fullest rushing waterfalls and rivers she’s ever painted there in autumn. But down in the dry Southern California suburbs, David … Source: Claims Journal
Read MoreSince 1969 Nebraska Firm’s Fire Brigade Protects Plant
When fire breaks out in the forge shop of Kearney, Neb.-based Eaton Corp. manufacturing plant, its fire brigade is quick to respond. “We have over 800 pieces of equipment in our facility, so technically there’s 800 opportunities for a fire, … Source: Claims Journal
Read MoreAmazon Contractors Sue in Latest Quest to Determine Who’s the Boss
Amazon.com was sued by Illinois delivery drivers who say the company failed to pay them overtime for hauling its goods. Among the questions the judge will have to answer? Whether they actually worked for Amazon. “Amazon controls everything, without a … Source: Claims Journal
Read MoreFlorida Housing Authority Targeted Black Families to Buy Chinese Drywall Homes
Sulfurous fumes seep from the walls of Valentine Hendrix’s home, slowly attacking her appliances and light fixtures, her lungs and sinuses. It’s been that way for almost nine years. In 2008, Hendrix’s family was one of 12 poor black families … Source: Claims Journal
Read MoreHouston Police Report Spike in Pedestrian Deaths
The number of pedestrians in Houston, Texas, who have been struck and killed by cars has spiked this year – already 31 percent higher than the total for all of 2015 – according to police. At least 71 pedestrians have … Source: Claims Journal
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