November 2, 2017
The Trump administration has quietly set aside plans to require new cars to be able to wirelessly talk to each other, auto industry officials said, jeopardizing one of the most promising technologies for preventing traffic deaths. The Obama administration proposed …
November 2, 2017
Drought conditions across much of Maine may have contributed to the large numbers of trees that toppled during a storm that walloped the Northeast this week, officials said. The storm cut power to nearly 1.5 million homes and businesses in …
November 2, 2017
Property damage claims from a series of deadly October wildfires now exceed $3.3 billion, California Insurance Commissioner Dave Jones said Tuesday. The figure represents claims for homes and businesses insured by 15 companies and is more than triple the previous …
November 2, 2017
The insurance business has been good to Warren Buffett. For decades, his stable of carriers at Berkshire Hathaway Inc. have provided him billions of dollars to invest. They’ve also turned an underwriting profit every year since 2002. That streak could …
November 2, 2017
The U.S. is spending more than $200 million a day responding to recent hurricanes and wildfires, the head of the Federal Emergency Management Agency told Congress Tuesday in testimony that also slammed the $300 million Whitefish contract in Puerto Rico. …
November 2, 2017
Your insured’s eighteen-wheeler is struck head-on by another vehicle travelling at a high rate of speed, resulting in significant medical expenses to your insured driver and a passenger, as well as considerable property damage to your insured’s vehicle. The tortfeasor …
November 2, 2017
The Federal Emergency Management Agency spent $35.1 million on renting two emergency generators to help power blacked-out San Juan, Puerto Rico. But a group of engineers says existing infrastructure could have been used more effectively at a fraction of the …
November 1, 2017
It’s been five years since Superstorm Sandy caused widespread devastation to the East Coast, causing an estimated $18.75 billion in insured property losses at the time, according to ISO’s Property Claim Services (PCS). In an interview with Claims Journal, Marc …
November 1, 2017
The Arizona Supreme Court has declined to review a case involving the deadly Yarnell Hill wildfire that devastated a rural Arizona community in 2013 and killed 19 elite firefighters. The decision leaves intact the Arizona Court of Appeals’ ruling seven …
November 1, 2017
As clocks “fall back” this weekend and daylight saving time ends, many Americans will be driving longer at night which could translate to more driver fatigue and hazards on the road, says Virginia Tech Transportation Institute expert Jeff Hickman. “Any …