Archive for October 2016
Closed Businesses, Damaged Homes: Matthew May Cost $10B
For a storm that inflicted less damage than many had feared, Hurricane Matthew nevertheless impaired or destroyed more than 1 million structures, forced businesses from Florida to North Carolina to close and put thousands temporarily out of work. In many … Source: Claims Journal
Read MoreResidential Claims Make up the Majority of Florida’s Hurricane Matthew Damage
A total of $170 million is the estimate of losses to date related to Hurricane Matthew in the state of Florida, according to the Florida Office of Insurance Regulation. So far, residential property claims make up the majority of claims … Source: Claims Journal
Read MoreFeds Will Require Safety Valves on More Gas Lines
New or replaced gas service lines for apartments and small businesses across the United States must be equipped with inexpensive safety valves starting next year following deadly fires and explosions over decades that could have been avoided, the Obama administration … Source: Claims Journal
Read MoreValuing Possessions of the Rich and Famous
As a claims pro, are you ready to step into Mar-a-Lago? It is rumored F. Scott Fitzgerald once said, “The rich are different than you and me.” To which his contemporary Ernest Hemingway rejoined, “Yes, they have more money.” Whether … Source: Claims Journal
Read MoreStudy Finds That While More in Massachusetts Buckle up, State Still Lags
Seatbelt usage has climbed to an all-time high in Massachusetts, yet according to new research from the state highway safety division more than one in five motorists still do not buckle up. An observational study conducted for the agency by … Source: Claims Journal
Read MoreHurricane Matthew’s Destructive Flooding Inundates North Carolina
With helicopters overseeing the rescue operation from above, volunteer firefighters turned their military-surplus truck with 4-foot tires into the dark flood waters to cruise past a mortuary, grocery and homes in part of this North Carolina city inundated by the … Source: Claims Journal
Read MoreAgencies Turn off Emergency Response Radio Encryption
Some police and fire departments are bucking a trend to conceal dispatch communications from the public, acknowledging that radio encryption has the potential to backfire and put first responders in danger. Agencies with digital radio systems have turned off the … Source: Claims Journal
Read MoreOvercrowded Homes in Stamford Pose Safety Challenges for Officials
It was an eye-catching scene on Stamford’s West Avenue on the evening of Oct. 6. A cop, a fire marshal, zoning officers and officials from the Connecticut city’s health department walked toward a multifamily home, carrying a measuring tape, a … Source: Claims Journal
Read MoreSelf-Driving Cars Offer Safety Benefit for Motorcycles
Self-driving technology promises to pretty much transform the auto industry as we know it. It may also change the business of selling motorcycles—but in a very different way. It all comes down to safety, according to Karl Viktor Schaller, head … Source: Claims Journal
Read MoreFamilies Reach $60M in Landslide Settlements With Timber Firm, State
Survivors and family members of people killed in the nation’s deadliest landslide have reached $60 million in settlements with the state of Washington and a timber company that logged an area above the site of the collapse. Just as opening … Source: Claims Journal
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