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Moody’s Says Wildfire Catastrophe Losses the New Normal in Calif.

California had long been a good bet for homeowners’ insurers, with most carriers having no problem recouping paid losses through premiums. But in 2017 and 2018, the state experienced six of the 10 most destructive wildfires in its history and …

University of Georgia Research Shows Simulators Reduce Police Car Crashes

Police car wrecks are the biggest risk management expense related to law enforcement, causing local governments to lose money. New research from the University of Georgia shows that a driver training program can result in big savings. Specifically, proper training …

Apple Sued Over Siri’s Unauthorized Recording of Users

Apple Inc. was sued over claims that the privacy of Siri users was violated when human reviewers listened to customer recordings. The lawsuit was filed as a class action Wednesday, just days after Apple said it would pause its program …

Facebook Must Face Lawsuit Over Facial Recognition

Facebook Inc. failed to undo a ruling that allows millions of its users to band together in a lawsuit accusing the social network of gathering and storing biometric data without consent, potentially exposing the company to billions of dollars in …

N.J. Couple Spooked by ‘Watcher’ Sell $1.4 Million Home at Loss

The New Jersey family plagued by a stalker’s spooky letters mailed to their $1.4 million dream home in Westfield has sold the six-bedroom property at a loss. The “Watcher” house, at the center of an unsolved criminal investigation in one …

Tesla Subpoenas May Presage Formal Probe, Ex-Official Says

Freshly disclosed records suggest the National Highway Traffic Safety Administration may be preparing a formal investigation into Tesla Inc.’s driver-assistance system Autopilot, a former agency official said. The agency has issued at least five subpoenas since April 2018 for information …

Lampert Loses Ruling Tied to $718 Million Claim on Old Sears

Eddie Lampert suffered a setback in federal court this week when a judge effectively ruled that some of his claims against the bankrupt estate of Sears Holdings Corp. have so little priority that they are likely worth a fraction of …

Business News: Travelers, VenAssure, Sedgwick Make Announcements

Travelers Paying Claims with PayPal Travelers has launched a new service that allows auto, property and general liability policyholders to receive claim payments through PayPal. The carries link to PasyPal comes through Global Digital Disbursements, a service provided by Bank …

Trump Safety Pitch for Easing Car Standards Rebutted by Study

President Donald Trump’s plan to freeze U.S. vehicle efficiency standards would result in higher costs for motorists without doing anything to boost highway safety, according to an analysis by Consumer Reports that undermines the administration’s chief talking points in favor …

Trespassing ATV Riders Irk, but Few Legal Places to Hide

MOOSIC, Pa. — The fence lining Jane Sterling’s property at the former Rocky Glen Park doesn’t prevent all-terrain vehicles ripping past her yard. It’s not uncommon for her to see as many as 60 ATVs a day riding near her …

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