Archive for June 2016

Insurance Commissioner Dave Jones welcomed Allstate Insurance back into the California homeowner insurance market last week week, after a nine year absence writing new homeowner policies. Allstate also entered into an agreement with the commissioner to reduce its homeowner insurance … Source: Claims Journal

The Obama administration is on the verge of approving routine commercial use of small drones, after years of struggling to write rules that would both protect public safety and free the benefits of a new technology. The Federal Aviation Administration … Source: Claims Journal

Ken Manning’s head is held up by two metal rods, four plates, and 17 screws in his neck. Since falling off a frame at a carpentry job in the early 2000s, he has had four surgeries, leaving his tanned neck … Source: Claims Journal

With the nation spending billions on medical and indemnity expenses for employees injured on the job, as well as patients facing illnesses or surgeries, workers’ compensation carriers, group health insurers and Third Party Administrators (TPAs) are looking for innovative solutions … Source: Claims Journal

Fiat Chrysler Automobiles NV is conducting a “thorough investigation” into the death of “Star Trek” actor Anton Yelchin, spokesman Eric Mayne said in statement on Monday. The actor, who played Chekov in the revamped movie series including “Star Trek Beyond” … Source: Claims Journal

The U.S. robotics expert tapped to head Toyota’s Silicon Valley research company says the $1 billion investment by the giant Japanese automaker will start showing results within five years. Gill Pratt told reporters that the Toyota Research Institute is also … Source: Claims Journal

High-tech safety features have jumped to a high priority for older U.S. car shoppers, who want to keep their freedom of mobility, a study released Tuesday reports. Among Americans 50 and up who plan to shop for a car in … Source: Claims Journal

The number of homeowners insurance claims from lightning strikes in the United States fell in 2015; however, the total insurers paid on those claims rose by nearly 7 percent, according to a new analysis by the Insurance Information Institute (I.I.I.). … Source: Claims Journal

High-tech hackers brought in by the Pentagon to breach Defense Department websites were able to burrow in and find 138 different security gaps, Defense Secretary Ash Carter said Friday. The so-called white-hat hackers were turned loose on five public Pentagon … Source: Claims Journal

The worst oil bust since the 1980s is putting Texas and other oil producing states on the hook for thousands of newly abandoned drilling sites at a time when they have little money to plug wells and seal off environmental … Source: Claims Journal