News
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
Window covering cords have been the cause of more than 800 deaths of children globally, according to the Consumer Product Safety Commission (CPSC). The hidden hazard occurs when a child gets entangled within the loose cords. In 2014, the federal … Source: Claims Journal
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
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
Ajit Jain, one of Warren Buffett’s top managers at Berkshire Hathaway Inc., has a message for the staff that he oversees at Gen Re: It’s time for their business to get much leaner and less bureaucratic. After taking charge of … Source: Claims Journal
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
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
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
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
Traffic fatalities were up 9 percent in the first six months of this year compared with the same period last year, continuing a surge in deaths that began two years ago as the economy improved and travel picked up, according … Source: Claims Journal