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$50K Awarded by NFL to 3 Startups Developing Safety Technology

With player safety under the microscope, the NFL and the Texas Medical Center held a competition Saturday for startups making innovative products geared toward improving the game. Nine companies competed in three categories – communicating with the athlete, training the …

Arizona and California Auto Insurance Fraud Busts

GO-PRO Video Leads to Conviction of Insurance Fraud Suspect Robert Atlas falsely reported to GEICO that he had crashed his 2012 Corvette Stingray while exiting the I-10 freeway, on the exit ramp at Wild horse pass in Chandler Arizona. Robert …

Business News: Insurity, Coventry, Acrometis, Genex

Insurity Acquires Valen Analytics Insurity, Inc., a provider of core insurance processing and data integration and analytics solutions, announced its acquisition of Valen Analytics. Founded in 2004, Valen is a provider of proprietary data, analytics and predictive modeling for P/C …

Several Western Onion Storage Buildings Collapse Causing $100M in Damage

Heavy snow has caused dozens of onion storage sheds in eastern Oregon and Idaho to collapse, resulting in as much as $100 million in damage. About 50 onion buildings collapsed under the weight of up to 40 inches of snow, …

Drought-Plagued Oklahoma Placed Under Rare National Fire Advisory

Oklahoma has been placed under a national fire advisory as much of the state struggles with unrelenting drought and tinder-dry vegetation capable of igniting and quickly spreading out of control, state forestry officials said Wednesday. The rare advisory – and …

Data Shows Less Human Help Needed by Self-Driving Car Prototypes

Self-driving car prototypes appear to be getting better at negotiating California streets and highways without a human backup driver intervening, according to data made public Wednesday by California transportation regulators. The data reflect safety-related incidents reported by 11 companies that …

VW Will Pay $1.2B or More to U.S. Big Diesel Owners

Volkswagen has agreed to pay at least $1.2 billion in buybacks and compensation to settle claims from U.S. owners of cars with larger diesel engines that the company rigged to cheat on emissions tests. And the German automaker could pay …

South Carolina Widow’s Suit Places Blame on Feds for Husband’s Flooding Death

The widow of a man who drowned in South Carolina’s historic 2015 flooding is suing the federal government over a dam that failed on an Army base near Columbia. Filed in federal court in late December, Lois McCarty’s lawsuit seeks …

AIG: Trust Critical in Employee Data Sharing With Companies

Companies need to accept tradeoffs to foster “digital trust” with employees if they want to gather the workplace data necessary to realize the full economic and competitive benefits of the Internet of Things (IoT) and the sharing economy, according to …

Philadelphia Building Owner, Charity Liable for Deadly Building Collapse

A jury has found the Salvation Army, an adjacent building owner and other defendants liable for a Philadelphia, Pa., building collapse that killed six people inside the charity’s thrift store. Thirteen others were buried in rubble but survived when a …

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