News
The trucking industry loses billions of dollars and wastes millions of hours each year sitting idle in traffic. Helping drivers avoid congestion would increase productivity and improve safety, says a team of Iowa State University and industry researchers. The team … Source: Claims Journal
A Swiss company said Wednesday income tax information was stolen for about 2,400 workers in the United States, putting them at risk of identity theft just as many are awaiting tax refunds. Autoneum North America Inc. said the data included … Source: Claims Journal
The National Transportation Safety Board will look into the “man, the machine and the environment” as it investigates a plane crash that killed a former mayor and left the tail of the aircraft poking out of the roof of a … Source: Claims Journal
North Dakota Man Assaults Friend Then Scams Insurer A North Dakota man was arrested and charged with insurance fraud, according to an announcement by the state’s insurance department. Weston Aho was charged with insurance fraud, a class C felony, and … Source: Claims Journal
Global natural disasters cost $520 billion of consumption loss annually, 60 percent larger than asset losses that are commonly reported, the World Bank said in a report. The estimate is based on the impact of disasters such as floods, windstorms, … Source: Claims Journal
Tornadoes touched down in the upper Midwest and northern Arkansas on Tuesday, killing at least two people, as a spring-like storm system posed a risk to 45 million people. Compact but strong storms known as supercells raked parts of the … Source: Claims Journal
Fewer auto adjusters, more product liability claims and changes to crash investigations are just some of the changes that may occur as self-driving cars take to the road, according to Kevin Quinley, founder and principal of Quinley Risk Associates. In … Source: Claims Journal
Every year, more than 170 billion cell phone texts are sent and received. Each year, an average of 3,000 people die and 450,000 are injured in motor vehicle accidents involving distracted drivers. Ten percent of all drivers who are 15 … Source: Claims Journal
State Farm Mutual Automobile Insurance Co., the largest U.S. property/casualty insurer, said annual profit fell 94 percent on car insurance claims costs. Net income dropped to $400 million from $6.2 billion in 2015, when results included one-time gains in the … Source: Claims Journal
People have triggered five out of six wildfires in the U.S. over the last two decades, tripling the length of the wildfire season and making it start earlier in the East and last longer in the West, a new study … Source: Claims Journal