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Archive for August 2017

Accidental Data Breaches Growing Cause of Cyber Losses

Beazley, a cyber and data breach response global insurance provider, released its Beazley Breach Insights findings based on its client data in the first six months of 2017. Ransomware attacks continued their rise in the first half of 2017, up … Source: Claims Journal

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Missouri Mansion Contractor Fraud Suit Settled

The owner of a 72,000-square-foot (6690-sq. meter), five-story mansion in southwestern Missouri has settled a lawsuit against the supplier of concrete used to build the 13-bedroom castle-style behemoth. The July 21 settlement avoided a jury trial that was scheduled to … Source: Claims Journal

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Insurer Settles Washington High School Shooting Lawsuit for $18M

The families of five Washington state high school students shot in a high school cafeteria in 2014 have settled a lawsuit against the school district’s insurance company for $18 million. Attorney Lincoln Beauregard, who represented the plaintiffs, said the settlement … Source: Claims Journal

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Insurer Reports Motorcycle Crashes Spike in August

The last month of summer could bring a spike in motorcycle claims, according to American Modern Insurance Group. The insurer reports that of the 60,400 motorcycles it insures, 570 were involved in crashes in August 2015 and 2016. Many motorcycle … Source: Claims Journal

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Understanding How an Automated Car Platoon Works

With emerging automated driving technology, self-driving cars may soon have the capability to talk to each other and form a platoon on a highway. The vehicle at the very front of the platoon controls the speed. The following vehicles then … Source: Claims Journal

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