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Safety Agency Reviews Ford Recall of Cars Prone to Overheat, Fires

The U.S. government’s auto safety agency is reviewing a Ford Motor Co. recall of thousands of cars, SUVs and vans that can run low on coolant and potentially overheat and catch fire after the company proposed a remedy that doesn’t …

Insurers Must Report Terrorism Data by May 15

ISO will collect, aggregate, and help analyze terrorism data for the U.S. Department of the Treasury that, starting this year, will be required from insurers participating in the federal Terrorism Risk Insurance Program (TRIP). ISO is a Verisk Analytics business. …

President to Review Bill to Improve Weather Forecasts

The National Weather Service would have to boost research – including some from private companies – to improve forecasts and storm warnings under a bill headed to the president’s desk. Lawmakers said the bill should save lives by giving residents …

Report Says Minorities Living in Urban Areas Pay More for Car Insurance

A new report suggests that people living in urban minority neighborhoods could be paying as much as 30 percent more for car insurance, but an industry group says the report’s findings are flawed. Nonprofit investigative news organization ProPublica and Consumer …

Negotiations Work Best When Both Sides Have Similar Personality Traits

Negotiations work best when both sides have matching personality traits—even if they’re both disagreeable—according to research from the University of Georgia Terry College of Business. Conventional wisdom would suggest that people who are outgoing and accommodating are better suited to …

Daimler, Parts Firm Bosch Partner to Build Driverless Cars

Automaker Daimler AG and industry supplier Bosch Group are teaming up to make driverless cars that they say could be on city streets at the start of the next decade. The companies would combine expertise in car making, sensors and …

Business News: Lemonade, FM Global, Wolters Kluwer, TD Risk Management

Lemonade Expands into Illinois Lemonade, the insurance company powered by artificial intelligence and behavioral economics, announced it has been licensed as a full-stack insurance carrier by the State of Illinois. Renters in the state can now buy a Lemonade policy …

Arizona Legislators Come Together With Disability Lawsuits Bill

Two competing proposals designed to crack down on disability access lawsuits that opponents say are just shakedowns for quick cash settlements have been merged into a single plan. The amended bill that revives and includes important parts of the two …

How to Sue Yourself and Win

The new American horror film “Split”, directed by M. Night Shyamalan, recently in theaters, is a psychological thriller which centers on a bizarre antagonist with 23 separate personalities. Without spoiling the plot, suffice it to say that it focuses on …

Women Especially Benefit From Improving Communication Skills

Honing good communication skills can assist claims handling and aid women, in particular. Deborah Shames and David Booth, partners at Eloqui, a Los Angeles-based public speaking training provider, explained the value of communicating well during the Combined Claims Conference held …

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