Archive for July 2017
Ohio, California Close ‘Fire Ball’ Ride After Fatal Accident
The Ohio State Fair opened Thursday one day after a man was killed and seven other people were injured when a thrill ride broke apart, but the rides won’t be running until they all are deemed safe, officials state. Video … Source: Claims Journal
Read MoreConquering the Apostrophe
After the comma, the second most difficult punctuation mark to master is the apostrophe. Apostrophes are troublesome because there is no universal agreement about the rule that states that single nouns, including those ending in “s”, add ” ‘s.” There … Source: Claims Journal
Read MoreTexas a Hot Spot for Speeding Tickets
If you’re planning to squeeze in one last road trip before the summer ends, there are a few hot spots in Texas where you might want to slow down. Especially if you’re planning on a trip to South Padre Island. … Source: Claims Journal
Read MoreNew York Eyes ‘Textalyzer’ as Tool to Bust Drivers Using Phones
Police in New York state may soon have a high-tech way of catching texting drivers: a device known as a “textalyzer” that allows an officer to quickly check if a phone has been in use before a crash. Democratic Gov. … Source: Claims Journal
Read MoreOhio High Court Strikes Down Traffic Camera Restrictions
The Ohio Supreme Court on Wednesday upheld cities’ use of traffic camera enforcement for a third time, striking down as unconstitutional legislative restrictions that included requiring a police officer to be present. The ruling was 5-2 in support of the … Source: Claims Journal
Read MoreFederal Arbitration Act Governs Property Insurance Appraisals
In a decision filed July 14, 2017, the US District Court for the Central District of California invoked the Federal Arbitration Act (FAA) in refusing to vacate an insurance appraisal award determining the value of insured tools stolen from their … Source: Claims Journal
Read MoreNew Technology to Drive Better Prediction, Pricing of Florida Flood Risk
Actuarial experts, disaster modelers and third-party vendors are utilizing new technology to better predict and price flood risk – and Florida’s private market has responded, with the number of companies writing flood insurance doubling from 10 to 20 firms in … Source: Claims Journal
Read MoreAfter Cost Cutting Allianz Reports 28% Gain in Quarterly P/C Profits
As Allianz SE Chief Executive Officer Oliver Baete slims down the insurer to cut costs, rising second-quarter profit helped by lower natural disaster claims rewarded his strategy. Operating profit jumped 23 percent to 2.9 billion euros ($3.4 billion), Europe’s largest … Source: Claims Journal
Read MoreRail Design Led to Deadliness of New York Train-SUV Crash
Federal investigators have concluded that a fiery crash between a commuter train and an SUV that killed six people in the suburbs in 2015 was extra deadly because of an unusual rail design, a U.S. official told The Associated Press … Source: Claims Journal
Read MoreStudy: Most Football Players Display Brain Disease
Research on 202 former football players found evidence of brain disease in nearly all of them, from athletes in the NFL, college and even high school. It’s the largest update on chronic traumatic encephalopathy, or CTE, a brain disease linked … Source: Claims Journal
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