Do your privacy policies give a clear, conspicuous and accurate statement of the company’s practices? The major federal privacy statute applicable to insurers is Gramm-Leach-Bliley, 15 U.S.C. § 6801 et seq., which applies to all financial services companies. A number … Source: Claims Journal

Toyota Motor Corp. said it will collaborate with the University of Michigan on a research base near the school’s Ann Arbor campus to focus on autonomous vehicles, the third center under a $1 billion investment by the automaker. Gill Pratt, … Source: Claims Journal

Internet-connected and driverless cars could be targets for hackers – potentially including terrorists and hostile nations – so the automotive industry must ensure vehicles have built-in cybersecurity protection, a top U.S. Justice Department official said. “There is no Internet-connected system … Source: Claims Journal

Any business that uses vehicles in their operations needs to make auto safety a corporate priority, according to a newly released report by Chubb. The report examines new and longstanding risk exposures facing companies that use vehicles for business operations. … Source: Claims Journal

Increasing speed limits in states across the country between 1993 and 2013 have led to 33,000 fatalities on U.S. roadways, according to new research by the Insurance Institute for Highway Safety (IIHS). Excessive speed contributes to a tremendous proportion of … Source: Claims Journal

Jewelry and watches remain the costliest content claims items, according to the latest Xactware Annual Property Report. Data from the company’s 2015 report was outlined recently during the Verisk Monday webinar. In its eleventh year, the property report on the … Source: Claims Journal

New analysis of the average California workers’ comp medical loss, indemnity benefit and medical cost containment (MCC) payments on accident year (AY) 2005 through 2014 lost-time claims valued through June 2015 reveal mixed results, with more developed data on older … Source: Claims Journal

This railroad town promotes its ties to Abraham Lincoln, Ronald Reagan and the poet Carl Sandburg. But Galesburg’s long history also shows in a hidden way: Aging pipes have been leaking lead into the drinking water for decades. Blood tests … Source: Claims Journal

It has been a busy week. Again, not surprisingly, my article last week entitled “The Emerging Hail Risk: What The Hail Is Still Going On and Getting Worse” generated a lot of discussion. Mostly positive (even Chip Merlin has nice … Source: Claims Journal

An unusual strain of virus-like hacker software that exploits computer server vulnerabilities – without requiring human interaction – is a leading example of a new generation of “ransomware,” according to a new report by Cisco Systems Inc. Hackers use such … Source: Claims Journal