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Zurich Stands Ready to Cut Underperforming Businesses to Rein in Claims

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Zurich Insurance Group AG is “prepared to shrink” some of its businesses after being caught off guard by the scale of claims it had to absorb last year, according to Cecilia Reyes, the company’s chief risk officer. “We were surprised, … Source: Claims Journal

Rear End Crashes Reduced by Front Crash Prevention Systems

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Cars with front crash prevention systems are significantly less likely to rear end other cars, according to the latest research released by the Insurance Institute for Highway Safety. While front prevention crash systems remain optional, the National Highway Traffic Safety … Source: Claims Journal

Southwest Seeing Fewer Wet Weather Systems

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The southwestern United States has already begun a long-predicted shift into a decidedly drier climate, a new study looking at the last 35 years of weather pattern concluded. What’s now considered a normal year of rain and snow in the … Source: Claims Journal

License Plate Readers Overwhelm Small New York Village With Data

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When this Long Island village switched on its “ring of steel” last fall, it knew it was getting a potent policing tool. The system of 27 cameras would scan the license plate of every single vehicle that rolled into town. … Source: Claims Journal

More Than Half of Mississippi Fatal Fires in Homes With No Smoke Alarms

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More than half the people killed last year by house fires in Mississippi were in homes without working smoke alarms, the Mississippi State Fire Marshal’s Office said. Fire Marshal Mike Chaney points said his office investigated 55 fire deaths in … Source: Claims Journal

Chicago Cop Claims Trauma, Sues Estate of Teen He Killed

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A white Chicago police officer who fatally shot a black 19-year-old college student and accidentally killed a neighbor has filed a lawsuit against the teenager’s estate, arguing the shooting left him traumatized. The highly unusual suit was filed Friday in … Source: Claims Journal

Internet of Things Disrupting Customer Service

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The Internet of Things is changing the customer experience, according to Kevin Daley, chief business architect at IBM. Daley, who looks at existing and future technologies and has been with IBM for the past 15 years, spoke recently at Safelite … Source: Claims Journal

Researchers Say Record Missouri Flooding was Manmade

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At the end of December 2015, a huge storm named “Goliath” dumped 9-10 inches of rain in a belt across the central United States, centered just southwest of St. Louis, most of it in a three-day downpour. The rain blanketed … Source: Claims Journal

Colorado Gold Mine Spill Dumped 880,000 Pounds of Metals in River

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A 3 million-gallon spill from a southwestern Colorado gold mine last year may have dumped more than 880,000 pounds of metals into the Animas River, the U.S. Environmental Protection Agency said Friday. Some of the metals reached the San Juan … Source: Claims Journal

Closing, Cleaning Toxic Coal Ash Pits Will Cost Billions

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Giant earthmoving machines beep and grind as they drop 17-ton scoops of coal ash and dirt into dozens of railroad cars lined up for two-thirds of a mile at a site along the Virginia-North Carolina border, where the country’s largest … Source: Claims Journal