February 18, 2013
With a mild winter, relatively warmer weather in general, and drought conditions expected to continue in 2013, wildfire risk is on the minds of many. Wildfire losses have been on the rise during the past couple of years in several …
February 18, 2013
Manufacturers of products and providers of services can be held liable for injury, damage or economic loss suffered by a customer and third party based on all aspects of its products and services. This includes the product or service itself, …
February 18, 2013
On Oct. 30, 2012, New York and New Jersey experienced the unimaginable when Superstorm Sandy tore through the East coast. Pictured here are before and after aerial images taken by Pictometry. The company deployed aircraft to capture high-resolution oblique imagery …
February 18, 2013
Imagining a world operated mostly by computers is not hard. Cell phones have voice controlled assistants. Vehicles come with GPS technology guiding your routes. Robots are increasingly present in hospital operating rooms. And driverless cars will likely be the mainstream …
February 18, 2013
Today’s crash forensics field is a high-tech industry with near-perfect accuracy capabilities. So why aren’t adjusters and insurers tapping into it more often? In most accidents Michael Merolli investigates, he’s able to tell you whether it was a 90-pound gymnast …
February 18, 2013
Video Highlights Privacy & Security Coverage and Trends Richard Betterley, president of Betterley Risk Consultants, says cyber liability policies have evolved quite a bit in the 10 or so years they have been around, and carriers are doing a good …
February 18, 2013
EagleView, Pictometry EagleView Technologies, a provider of automated 3D measurement technologies and analysis and Pictometry International, a geo-referenced aerial image capture and visual-centric data analytics company, jointly announced a merger agreement. The merger creates one global company offering comprehensive capabilities …
February 18, 2013
54 The number of fatalities that occurred out of the 51 million skier/snowboarder days reported for the 2011-12 season. Thirty-nine of the fatalities were skiers and 12 of the fatalities were snowboarders. In 2010, more than 6 million individuals participated …
February 18, 2013
The U.S. Chamber Institute for Legal Reform’s (ILR) survey of the most ridiculous lawsuits of 2012: Intoxicated Florida driver pleads guilty to manslaughter, then sues victim he killed. Michigan woman files $5 million suit for the leftover gas in her …
February 18, 2013
Placing the value on bodily injury claims is inherently speculative. To remove some of the guess work from ascertaining a proper value for general damages, some insurance companies utilize a comprehensive software program called Colossus. The Colossus software attempts to …