The average age of cars and light trucks on U.S. roads rose slightly to 11.5 years at the start of 2015, as the rate of growth slows because of the recovery of new vehicle sales, consultant IHS Automotive said. “Consumers … The post Average Age of Cars in U.S. Reaches 11.5 Years appeared first on…

Sales of P&C claims systems in North America will continue at a steady pace during the mid-2014 to mid-2016 period, according to Celent, a research and advisory firm. In a new report titled Deal Trends and Projections in the P&C … The post Celent: P&C Core Claims Systems Sales to Remain Steady Through Mid 2016…

In California, they’re counting on it to end an historic drought; in Peru, they’ve already declared a pre-emptive emergency to prepare for devastating flooding. It’s both an economic stimulus and a recession-maker. And it’s likely to increase the price of … The post Strengthening El Nino Offers Benefits appeared first on Claims Journal. Source: Claims…

Six of the nine most accident-prone spots along the Kansas Turnpike are in the Lawrence area, according to a study compiled for the Kansas Turnpike Authority. Two of the other accident hotspots along the 236-mile turnpike were in the I-70 … The post Several Kansas Turnpike Accident Hotspots Located Near Lawrence appeared first on Claims…

In the mid- to late-1950s, Connecticut General Life Insurance Co. shook the foundation of the city’s venerable insurance industry when it built a suburban office complex in Bloomfield – becoming the first insurer to move out of downtown Hartford, Conn. … The post Hartford’s Connection to Insurance Unraveling appeared first on Claims Journal. Source: Claims…

Contractors building homes in Rapid City, S.D., could soon be required to test soil conditions at building sites after homeowners complained of severe damage caused by expansive soils. The Rapid City Council is considering the proposed change to the city’s … The post South Dakota City Council Considers Requiring Soil Tests for New Homes appeared…

Your driving record seems a legitimate risk for insurers to consider when they price auto insurance. But your marital status? Yes, young men in red sports cars will pay more for coverage than everyone else, but it’s hard to see … The post Marriage Cuts Car Insurance Costs appeared first on Claims Journal. Source: Claims…

The first wave of long-range commercial drones should be allowed to operate in a narrow, low-altitude band and must agree to be tracked, according to Amazon.com Inc.’s vision of the future. While U.S. government regulations now just allow limited usage … The post Drone Zones Envisioned for Amazon’s Future Delivery Fleet appeared first on Claims…

The task of inspecting and maintaining Florida’s extensive network of approximately 11,450 bridges is arduous, especially since so many of the state’s bridges span rivers, canals and saltwater areas. Researchers in the College of Engineering and Computer Science at Florida … The post Florida College Gets Grant to Develop Unmanned Marine Vehicles for Bridge Inspections…

Massachusetts-based The Hanover Insurance Group announced the launch of a new suite of cyber products designed to help protect small to mid-sized businesses from losses related to data breaches and cyberattacks. “With hackers and malicious programs becoming increasingly sophisticated, data … The post The Hanover Launches New Suite of Cyber Coverages appeared first on Claims…