Monthly Archives: <span>May 2015</span>

Risk Point Announces Hail Estimating Model to Curb $250M Overpayment

Risk Point, LLC, a provider of insurance for auto dealer inventory, has introduced a new estimating model for hail damage repair as a way to control ever increasing premiums and deductibles, and to eliminate what has long been a problem …

Etsy Investors Sue for Fraud Over Likely Trademark Violations

Etsy Inc. is facing fraud claims from investors after allegations that millions of items sold through its online crafts and specialty wares marketplace likely violate trademarks. Investors filed a proposed class action against the Brooklyn, New York-based company and its …

NHTSA Reviews Nissan Coil Spring Fracture Complaints

U.S. vehicle safety regulators have launched a preliminary evaluation of about 130,000 Nissan Versa cars after receiving complaints about fractures in the front suspension coil spring. No fatalities have been reported from the defect so far, the National Highway Traffic …

Hard Braking Most Likely Predictor of Future Crashes: Progressive

How long does it really take for your car to come to a complete stop? While the technical answer lies in the laws of physics – to do it safely, that’s a whole other ball game. Progressive Insurance analyzed more …

Climate Change Affecting Frequency, Intensity of Hurricanes

Climate change may be the driving force behind fewer, yet more powerful hurricanes and tropical storms, says a Florida State geography professor. In a paper published today by Nature Climate Change, Professor Jim Elsner and his former graduate student Namyoung …

Dog Bite Claims Costs Soar, Account for 1/3 of All Homeowner Liability Claims

Dog bites and other dog-related injuries accounted for more than one-third of all homeowners insurance liability claim dollars paid out in 2014, costing in excess of $530 million, according to the Insurance Information Institute (I.I.I.) and State Farm. An analysis …

In-Depth Study Reveals How Drones Can Help in All Phases of a Disaster

Though drone usage is mainly used in disaster response currently, a new report highlights the benefits of using drones in all four stages of the disaster life cycle: prevention, preparation, response and recovery. Zurich North America, a co-sponsor of the …

Gilliland Named Chairman of Oklahoma Workers’ Comp Commission

Gov. Mary Fallin has named Bob Gilliland of Oklahoma City as chairman of the Oklahoma Workers’ Compensation Commission. Gilliland was appointed in 2013 as one of the three initial members on the commission. He takes over as chairman on June …

Indiana Race Track Attorney Argues Against Driver’s Death Suit

An attorney for the Anderson Speedway has asked a judge to grant summary judgment in a lawsuit accusing the central Indiana track’s owners of negligence in a driver’s 2011 crash death. Attorney Leslie Pollie made the request Thursday during a …

Water Study Prompted After Historic 2011 U.S./Canada Flooding

Unprecedented flooding in 2011 in Lake Champlain and the Richelieu River, which drains the lake north into Quebec, is prompting scientists in the United States and Canada to begin a long process of determining whether anything can be done to …