September 19, 2019
NEW YORK — Climate change has led to deadlier wildfire seasons in the American West and more severe hurricanes and storms barreling up the Southern and Eastern coasts. The dramatic weather frequently knocks out power, leading some residents of storm-ridden …
September 19, 2019
IOWA CITY, Iowa — Board members of an Iowa government insurance program have frequently held public meetings at posh out-of-state resorts, costing tens of thousands of dollars while making it harder for the public to attend, a review by The …
September 19, 2019
LONDON — By the time David Kaisel got back from selling his flour at a farmers’ market, a wildfire in California’s Capay Valley had burnt both his tractor and the shipping container where he kept some tools. His insurer is …
September 19, 2019
Tesla Inc.’s Model 3 earned a coveted Top Safety Pick+ award from the Insurance Institute for Highway Safety, after the sedan performed better in a crash test than the Model S. The Model 3 earned “good” crash ratings in each …
September 19, 2019
Huawei Technologies Co. is making a Hail Mary bid to undo a U.S. law that prohibits federal agencies and contractors from buying or using the Chinese telecom giant’s equipment because of the alleged risk of “cyber exploitation” by China. Lawyers …
September 19, 2019
Ryanair Holdings Plc Chief Executive Officer Michael O’Leary gave a pessimistic outlook for the resumption by Boeing Co. of deliveries of its grounded 737 Max, saying the carrier has frozen payments to the manufacturer and started talks on recouping costs …
September 19, 2019
CoreLogic Teams Up with Geospatial Insurance Consortium CoreLogic has integrated aerial imagery provided by the Geospatial Insurance Consortium into its underwriting platform, the Irvine, California-based analytics provider said in a press release. The GIC is a nonprofit organization sponsored by …
September 19, 2019
Claims automation can provide many benefits to the insurance industry. For example, implementing claims automation could free up54 million to 285 million adjuster hours annually, amounting to $1.7 billion to $8.9 billion in cost savings within five to seven years, …
September 18, 2019
RENO, Nev. — A strong Sierra cold front packing winds gusting up to 50 mph (80 kph) dropped the first snow of the season Monday in the mountains along the California-Nevada line and damaged a small airplane that was blown …
September 18, 2019
LONDON — Lloyd’s of London expects “sobering” results from a survey of the workplace culture at its member firms, the insurance market’s chairman said on Wednesday as a rise in investment income drove a four-fold profit rise. In May the …