Archive for January 2017
Car Crash Dummies Becoming More Diverse
As the American population gets older and fatter, the crash test dummies used to test the cars people drive are changing, too. Recently, engineers at manufacturer Humanetics created dummies that reflect today’s drivers: a 273-pound obese dummy that is 106 … Source: Claims Journal
Read MoreP/C Insurers Report $1.7B Underwriting Loss in First 9 Months of 2016
Private U.S. property/casualty insurers suffered a $1.7 billion net underwriting loss in the first nine months of 2016-following a $7.3 billion net underwriting gain in nine-months 2015-and experienced a drop in net income after taxes to $31.8 billion from $44.1 … Source: Claims Journal
Read MorePot Pipe Maker Sues Over Counterfeit Bongs
In the rarefied world of high-end bong makers, Roor glass water pipes have long been smoked to impress. The status symbols are so sought after that some models command prices of $1,000. There’s even a diamond-studded, gold-gilded Roor that goes … Source: Claims Journal
Read MoreAfter High Rise Fires, Dubai Will Require Recladding
New fire safety rules have come to Dubai after a series of skyscraper fires that marred its futuristic skyline, but authorities offered few details Sunday about how they’ll force owners to replace flammable siding with better material. Most of the … Source: Claims Journal
Read MoreAnalytics at Heart of Workers’ Comp Cost Containment
To remain competitive in the marketplace, all workers’ compensation carriers will need to adopt some form of analytics, according to Rob Lewis, president of ISO Claims Partners. Lewis outlined the benefits of using predictive analytics in all stages of a … Source: Claims Journal
Read MoreNorth Dakota Bill Aims to Exempt Driver Liability in Protester Pedestrian Injuries
Several people asked North Dakota lawmakers on Friday to reject Republican-backed legislation they say would allow drivers to run down Dakota Access oil pipeline protesters and other activists without consequence. The bill would exempt drivers from liability if they unintentionally … Source: Claims Journal
Read MoreMontana Will Pay $25M to Settle Asbestos Claims
The state of Montana has reached settlements totaling $25 million with more than 1,000 victims of asbestos-related disease over claims that health officials failed to bring attention to the hazards of a contaminated mine. The Flathead Beacon reported that the … Source: Claims Journal
Read MoreEarthquake Clusters May Occur on Faults With Long Term Memory
Northwestern University researchers now have an answer to a vexing age-old question: Why do earthquakes sometimes come in clusters? The research team has developed a new computer model and discovered that earthquake faults are smarter — in the sense of … Source: Claims Journal
Read MoreBusiness News: IDT 911, Next Insurance, Brentwood Service Administrators
IDT911 Changes Name to CyberScout IDT911 has changed its name to CyberScout. CyberScout offers comprehensive identity management and data security services for more than 17.5 million households and 770,000 businesses. CyberScout’s services are provided through more than 660 client partners, … Source: Claims Journal
Read MorePeople News: BETA Healthcare Group, Next Level Administrators, W.R. Berkley
McGhee Named Vice President of Workers’ Comp, BETA Healthcare Group BETA Healthcare Group, a professional liability insurer of hospitals in California and workers’ compensation coverage for over 40,000 healthcare workers in the state, named Dave McGhee vice president of Workers’ … Source: Claims Journal
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