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QIS: Insurance Carriers Face Enhanced Risk in Age of Big Data

California-based Quadrant Information Services, a provider of big data technology for the property/casualty insurance industry, warns that digitization is a two-edged sword: with increased capability comes an increased danger of expensive—and possibly actionable—data security breaches. Breaches of data security are … Source: Claims Journal

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AAA: Too Early to Rely on Self-Braking Cars to Stop

New test results from AAA reveal that automatic emergency braking systems – the safety technology that will soon be standard equipment on 99 percent of vehicles – vary widely in design and performance. All the systems tested by AAA are … Source: Claims Journal

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Study Finds 50% of Drivers Embrace UBI Option

A new LexisNexis Risk Solutions study on usage-based insurance (UBI) found that a surprising number of U.S. drivers (50 percent) report enrolling in pay-as-you-drive policies when offered, yet few are given the choice, revealing a significant market-building opportunity for auto … Source: Claims Journal

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Connecticut Pushes Safety as Farm Tourism Rises

With the growth of agritourism and more people visiting local farms, Connecticut officials are joining other states in educating farmers about how to mitigate health risks for their new visitors. Connecticut’s latest push comes after dozens of young children and … Source: Claims Journal

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Oso Landslide Victims’ Lawyers Say State Committed Fraud

Attorneys for victims and family members in a deadly 2014 landslide in Washington have accused state lawyers of orchestrating a fraud by deleting emails between expert witnesses for the state. In a motion filed Tuesday, the attorneys say the state … Source: Claims Journal

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Demolition of West Virginia Flood-Damaged Homes Begins

The West Virginia Army National Guard over the weekend began tearing down homes ruined by floods in June. Gov. Earl Ray Tomblin wants those communities to rebuild with a long-term focus on diversifying their economies. Maj. Gen. James Hoyer told … Source: Claims Journal

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Colorado Springs Hailstorm Damage Estimated at $352.8M

The July 28 hailstorm that hit Colorado Springs was the sixth-most damaging event in Colorado history. The Gazette reports that according to an insurance industry trade group the storm earned $352.8 million in claims for damage to homes and vehicles. … Source: Claims Journal

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