News

New Telematics Product Gives Adjusters Head Start on Crash Reports

The company that helped make driver safety monitoring ubiquitous among auto insurers is now offering a product that can write accident reports within minutes of a crash. Cambridge Mobile Telematics announced the launch of Claim Studio, an accident reporting system …

Amazon’s Ring Fired Staff for Trying to Access Customer Data

Amazon.com Inc. said its Ring subsidiary fired at least four employees for improperly seeking access to customer data over the last four years, the latest privacy headache for the video doorbell maker it acquired in 2018. “Although each of the …

Business News: Helmsman Management, MedRisk and Midwest Employers

Helmsman Completes Acquisition of Eberle Vivian Liberty Mutual’s wholly-owned third-party administrator, Helmsman Management Services, announced that it has closed on a deal to acquire Eberle Vivian Inc., a workers’ compensation claims administrator that serves the Pacific Northwest. Eberle Vivian, based …

Community Helps Nebraska Hotel Owner Recover From Flood

KEARNEY, Neb. — Last July 9, after floodwaters wrecked the interior of his 42-room Western Inn South, Bhikhabhai Chaudhari struggled to smile. Now, thanks to assistance from Kearney businesses and individuals, Chaudhari is beaming. He reopened his motel late this …

Animal House: Squirrel Wrecks Home, Insurance Won’t Fix it

ATLANTA — An Atlanta couple said they came home from a winter vacation to find their house had been ransacked by an unusual suspect: a squirrel. Kari and Dustin Drees bought their first home last month in Atlanta’s affluent Buckhead …

Travelex Staff Go Back to Basics as Ransomware Cripples Systems

LONDON — Staff at foreign exchange firm Travelex are using pen and paper to serve thousands of customers after the company said cyber hackers were holding its systems to ransom, leading to a global blackout on its online currency exchange …

Bristol-Myers, Sanofi Sue Hawaii Over Plavix Marketing Case

Bristol-Myers Squibb Co. and Sanofi fought back against an $8 billion lawsuit filed by Hawaii over marketing of their blockbuster blood-thinning drug Plavix, arguing in a counter-suit that the state is trampling on their free-speech rights by demanding unnecessary warning …

Deadly Australia Fires Spur Calls to Mitigate Disaster Risk

As the devastation from Australia’s bushfires widens, the insurance industry is calling for concerted action to mitigate the impact of climate change. Months of out-of-control fires have burnt an area more than five times the size of Wales and industry-wide …

Iran Jet Crash Leaves Mystery With Probe Curbed by U.S. Tensions

Investigations into the deadly crash of a Boeing Co. jet in Iran will be hampered by escalating tensions with the U.S., amid speculation the plane might even have been a victim of Tehran’s own air defense system. Iranian authorities said …

Takata Triggers U.S. Car Recall for Another 10 Million Air Bags

Another 10 million air bag inflators made by now-defunct Takata Corp. must be repaired in what could be the last major wave of the auto industry’s largest-ever safety recall crisis. The callback disclosed on Wednesday represents the final phase in …

News Archives by Month