News
Insurance companies are running out of ideas. They’ve bolstered their balance sheets since the financial crisis but have few racy growth prospects in a world of low interest rates, pricing pressure and regulatory hassles. Big mergers may be the most … Source: Claims Journal
Utah could soon have the strictest DUI threshold in the nation after state lawmakers on Wednesday night voted to lower the limit for a driver’s blood-alcohol content to 0.05 percent, down from 0.08 percent. The measure heads to Utah’s governor, … Source: Claims Journal
A Pittsburgh Airport ramp agent, who sustained a serious leg injury that required amputation, should receive workers’ compensation for her injury despite an insurer’s argument that the injury didn’t happen while she was on duty, according to an opinion issued … Source: Claims Journal
A new report released by The Hartford highlights the 100 U.S. cities with the highest home fire risk. According to The Hartford Home Fire Index, the top five cities are: Detroit, Mich. Shreveport, La. Boston, Mass. Flint, Mich. Richmond, Va. … Source: Claims Journal
The mayor of the Mississippi city where a train slammed into a bus, killing four Texas tourists, says he will keep working with the railroad to close some crossings and make others safer. Biloxi Mayor Andrew “FoFo” Gilich said Wednesday … Source: Claims Journal
A Washington state measure to ban holding a phone while driving passed in the House a day after a similar measure passed in the Senate. House Bill 1371 received a 52-45 vote in the Democratic-controlled House Tuesday. Democratic Rep. Jessyn … Source: Claims Journal
Peter D. Hancock, president and chief executive officer, has informed AIG’s Board of Directors of his intention to resign. As part of the transition plan, Hancock will remain as CEO until a successor has been named. The Board of Directors … Source: Claims Journal
For millions of people living and working in coastal zones, hurricanes and their storm surges are costly and deadly. Simulating storm surges is challenging. Surges are sensitive to a number of factors, including atmospheric wind speeds and pressures. Scientists found … Source: Claims Journal
Hank sat impassively on a Virginia Tech athletic field, ready to take it on the chin for the future of drone commerce. About 30 yards away, an eight-rotor unmanned copter hovered, buzzing like a swarm of bees. The 21-pound drone … Source: Claims Journal
Crews grappling with vexing wildfires that have charred hundreds of square miles of land in four states and killed six people soon may get a bit of a break: Winds are forecast to ease from the gusts that whipped the … Source: Claims Journal