News
Innovation in the insurance industry is no longer a buzzword. It is fast becoming a catalyst to win market share. In the past, the industry has been a slow adopter of emerging technologies. The industry was also marred by other … Source: Claims Journal
The estate of Sears Holding Corp. is trying to take back payments it made to vendors – many of them small businesses – more than a year ago as it tries to shore up funds to wrap up its bankruptcy … Source: Claims Journal
PENDLETON, Ore. — Waters covering roads in flood-hit northeastern Oregon were starting to recede, allowing residents to return and assess the damage from weather that appears to have left one person dead. A woman who had been missing, Janet Tobkin … Source: Claims Journal
MEXICO CITY — An art critic has destroyed a contemporary piece at Mexico’s premiere art fair, setting off a spirited debate about what constitutes art. Critic Avelina Lesper said she accidentally shattered the installation Saturday at the Zona Maco art … Source: Claims Journal
With the coronavirus outbreak that originated in Hubei province, China, showing no signs of abating any time soon, some companies that buy and sell goods in the Chinese market are taking interest in the legal defense of “force majeure.” The … Source: Claims Journal
For the last several years, hackers based in China have allegedly been sucking up vast amounts of personal data of U.S. citizens: names, dates of birth, Social Security numbers, even fingerprints. On Monday, the U.S. Justice Department took another stab … Source: Claims Journal
Fires and floods are sending some of the nation’s largest utilities to the bond market to cover huge, unexpected bills. California’s PG&E Corp., which was forced into bankruptcy a year ago after its equipment sparked the deadliest wildfire in state … Source: Claims Journal
Climate change is spurring a new, deep dive into a complex, little-studied weather system blamed for creating billions of dollars in flood damage across the western U.S. Atmospheric rivers are narrow ribbons of concentrated moisture that originate in the Pacific … Source: Claims Journal
Would-be fraudsters in Georgia are increasingly turning to U-Haul trucks with hopes of making a quick buck by staging crashes, insurance regulators say. Many have ended up with arrest warrants and fraud convictions instead. A spokesman for the Georgia Department … Source: Claims Journal
OTTAWA/WINNIPEG, Manitoba — Canada said on Thursday it would impose temporary speed limits on trains hauling dangerous goods after a Canadian Pacific Railway Ltd crude oil train derailed and caught fire. The accident, which happened in the early hours of … Source: Claims Journal