Archive for May 2017
Earthquake Models Continue to Evolve
With a focus on tectonic plate movement, induced quakes and subperils, earthquake models continue to evolve, according to Andrew O’Donnell, senior engineer at AIR Worldwide. Though earthquake modeling has been around awhile, O’Donnell said changes in the models have improved … Source: Claims Journal
Read MoreOrganizational Changes at Work Lead to Employee Skepticism, Distrust
At a time of change and uncertainty across the country, American adults who have been affected by change at work are more likely to report chronic work stress, less likely to trust their employer and more likely to say they … Source: Claims Journal
Read MoreReward Doubles to $10M for Artwork Stolen From a Boston Museum
A Boston, Mass., museum has doubled its reward to $10 million for information that leads to the return of 13 works of art stolen more than two decades ago in the largest art heist in U.S. history. The Isabella Stewart … Source: Claims Journal
Read MoreRecent Hailstorm May Be Colorado’s Most Expensive
With more than 150,000 car insurance claims and 50,000 homeowners insurance claims estimated to be filed—the monster hailstorm that pounded Colorado’s Front Range on May 8th is on pace to be Colorado’s most expensive insured catastrophe. The Rocky Mountain Insurance … Source: Claims Journal
Read MoreWest Virginia Man Charged in $500M Art Heist Fraud Scheme
A West Virginia man tried to fetch millions for two oil paintings he did not have access to and falsely claimed were stolen in the largest art heist in U.S. history, federal authorities said Monday. Todd Desper, of Beckley, West … Source: Claims Journal
Read MoreCalifornia Man Sickened by Nacho Cheese in Botulism Outbreak Dies
One of at least 10 people apparently sickened by nacho-cheese dip sold at a California gas station has died, health officials said Monday. The San Francisco County coroner’s office identified the victim as Martin Galindo-Larios Jr., 37. An online fundraising … Source: Claims Journal
Read MoreMassive Slide Covers Stretch of Iconic California Coastal Highway
A massive new landslide along California’s iconic coastal Highway 1 has buried the road under a 40-foot layer of rock and dirt, the latest hit in winter of crippling slides and flooding. A swath of the hillside gave way in … Source: Claims Journal
Read MoreMore Than 6,300 Stoves Recalled Following Plumber’s Electrocution Death
The federal Consumer Product Safety Commission has announced the voluntary recall of 6,300 electric stoves in connection with the electrocution death of a plumber last year. The recall is for Blomberg and Summit electric ranges, which the commission says can … Source: Claims Journal
Read MoreSouth Highest, Northeast Lowest for Child Auto Fatalities
The number of motor vehicle fatalities involving children under age 15 varies widely by state, but occurrences are more common in the South, and are most often associated with improperly or unused restraints and crashes on rural roads, a new … Source: Claims Journal
Read MoreZurich Uses Robots for Personal Injury Claims Document Review
Zurich Insurance is deploying artificial intelligence in deciding personal injury claims after trials cut the processing time from an hour to just seconds, its chairman said. “We recently introduced AI claims handling … and saved 40,000 work hours, while speeding … Source: Claims Journal
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