Archive for April 2016

Internet-connected and driverless cars could be targets for hackers – potentially including terrorists and hostile nations – so the automotive industry must ensure vehicles have built-in cybersecurity protection, a top U.S. Justice Department official said. “There is no Internet-connected system … Source: Claims Journal

Any business that uses vehicles in their operations needs to make auto safety a corporate priority, according to a newly released report by Chubb. The report examines new and longstanding risk exposures facing companies that use vehicles for business operations. … Source: Claims Journal

Increasing speed limits in states across the country between 1993 and 2013 have led to 33,000 fatalities on U.S. roadways, according to new research by the Insurance Institute for Highway Safety (IIHS). Excessive speed contributes to a tremendous proportion of … Source: Claims Journal

Jewelry and watches remain the costliest content claims items, according to the latest Xactware Annual Property Report. Data from the company’s 2015 report was outlined recently during the Verisk Monday webinar. In its eleventh year, the property report on the … Source: Claims Journal

New analysis of the average California workers’ comp medical loss, indemnity benefit and medical cost containment (MCC) payments on accident year (AY) 2005 through 2014 lost-time claims valued through June 2015 reveal mixed results, with more developed data on older … Source: Claims Journal

This railroad town promotes its ties to Abraham Lincoln, Ronald Reagan and the poet Carl Sandburg. But Galesburg’s long history also shows in a hidden way: Aging pipes have been leaking lead into the drinking water for decades. Blood tests … Source: Claims Journal

It has been a busy week. Again, not surprisingly, my article last week entitled “The Emerging Hail Risk: What The Hail Is Still Going On and Getting Worse” generated a lot of discussion. Mostly positive (even Chip Merlin has nice … Source: Claims Journal

An unusual strain of virus-like hacker software that exploits computer server vulnerabilities – without requiring human interaction – is a leading example of a new generation of “ransomware,” according to a new report by Cisco Systems Inc. Hackers use such … Source: Claims Journal

The city of Bend, Ore., plans to start enforcing false alarm fees after responding to more than 2,000 such calls in each of the past two years. The City Council in 2012 approved fees of $250 for a second false … Source: Claims Journal

Despite visions of India being a developed country with high-tech smart cities, modern roads and high-speed trains, this past weekend’s deadly fire at a Hindu temple shows that the country still suffers from poor safety standards and a pervasive failure … Source: Claims Journal