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Oklahoma Orders Change in Earthquake Insurance Rating

Oklahoma’s top insurance regulator has determined that there’s a definite lack of competition in the earthquake insurance market in Oklahoma and ordered insurers to change the way they file rates for the coverage in the state. Commissioner John D. Doak’s order … Source: Claims Journal

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May’s Global Disasters Generate $7 Billion in Claims: Aon

Global disasters led to at least $7 billion in claims during May as insurers aid the recovery process following wildfires, floods, and storms, according to Impact Forecasting, Aon Benfield’s catastrophe model development team. An historic wildfire caused catastrophic damage in … Source: Claims Journal

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Despite Lack of NFL Funding, CTE Research Continues

Researchers are moving ahead with efforts to develop a diagnostic test for chronic traumatic encephalopathy – even without the NFL’s help. Some of the nation’s top brain scientists gathered Wednesday at the Boston University School of Medicine for the start … Source: Claims Journal

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Respecting Customer Time Is Critical to Satisfaction

Amazon.com scored its sixth annual victory in the 24/7 Wall Street Customer Service Hall of Fame last year, with 59 percent of customers reporting that they received excellent customer service from the ecommerce giant. That score surpassed the number two company … Source: Claims Journal

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France Creates Emergency Fund for Flood Victims

France is setting up an emergency fund to help those who lost everything after the worst floods in three decades caused the Seine River to burst its banks. Prime Minister Manuel Valls said Monday after a government meeting that the … Source: Claims Journal

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