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Florida’s streak of dodging hurricanes is over, but the state-created fund that helps private insurers pay out claims after a storm remains in strong financial shape. Anne Bert, the chief operating officer of the Florida Hurricane Catastrophe Fund, said preliminary … Source: Claims Journal

People living near the Coronado Bridge called Tuesday for new safety measures after a suspected drunken driver plunged off the San Diego, Calif., span and smashed into a festival 60 feet below, killing four people. “All we’re asking is for … Source: Claims Journal

New Mexico officials ran into fresh criticism Tuesday about revisions to the state’s immigrant driver’s license law at a public hearing on the proposed regulations. The Department of Taxation and Revenue has said its plan to implement a law approved … Source: Claims Journal

Volkswagen AG and car owners will likely secure a federal judge’s final sign-off on their $14.7 billion settlement as the automaker continues to seek regulators’ approval of a fix for 482,000 pollution-spewing vehicles still on U.S. roads. U.S. District Judge … Source: Claims Journal

American International Group Inc. agreed to sell commercial and consumer units in nations including Argentina and Turkey to Prem Watsa’s Fairfax Financial Holdings Ltd. for $240 million as Chief Executive Officer Peter Hancock narrows his company’s focus. Fairfax will also … Source: Claims Journal

With the expected exodus of thousands of skilled claims professionals within the next few years, concern is growing among insurers in how best to address the need for experienced claims employees. In an exclusive claims executive roundtable with Claims Journal, … Source: Claims Journal

Getting robbed at gunpoint is a horrifying enough experience. But if you’re Kim Kardashian West, you can pretty easily replace your jewelry (since we can assume it was insured). More valuable than the reported $11.2 million in ice that was … Source: Claims Journal

Assurant Inc., the insurer that sells coverage protecting mobile phones and homes, posted the second-biggest decline in the S&P 500 Index after third-quarter profit slumped. The insurer dropped $4.82, or 5.3 percent, to $86.48 at 10:06 a.m. in New York … Source: Claims Journal

A self-driving car with two engineers on board was switching lanes in Singapore when it hit a truck Tuesday, authorities said. No one was hurt. The vehicle was operated by autonomous vehicle software startup nuTonomy, which made headlines last month … Source: Claims Journal

Location, energy sources and data protection are among some of the risk factors businesses need to consider when selecting a supplier, according to QBE North America, an operating division of global insurer QBE Insurance Group Limited. The insurer released a … Source: Claims Journal