Archive for March 2018
North Dakota DOT Reviews Dangerous Intersection
The North Dakota Department of Transportation is examining an intersection that some consider dangerous between Minot and the Minot Air Force Base. The agency is seeking public input following a recent fatal accident that occurred at the U.S. Highway 83 … Source: Claims Journal
Read MoreAxa Purchases XL in $15.3B Deal
Axa SA Chief Executive Officer Thomas Buberl is betting the worst is over for insurance. His $15.3 billion purchase of XL Group Ltd., the company’s biggest ever, will make Axa the top provider of commercial casualty coverage just as premiums … Source: Claims Journal
Read MoreTexas Homeowners Concerned About Zoning Changes After Harvey
Some Southeast Texas homeowners have raised concerns about houses in neighborhoods flooded by Hurricane Harvey being changed from residential to commercial zones. Several displaced residents in Dickinson worry that businesses will buy flood-damaged homes and absorb older neighborhoods, The Galveston … Source: Claims Journal
Read MoreIIHS’ New Rear Crash Prevention Ratings Aimed at Reducing Parking Lot Collisions
Parking crashes usually don’t result in serious injuries, but repair costs can quickly mount, along with the hassle of going without the family vehicle while waiting for the body shop to finish work. The Insurance Institute for Highway Safety has … Source: Claims Journal
Read MoreToyota Adds $2.8B to Improve Software Design for Self-Driving Cars
Toyota Motor Corp. plans to spend $2.8 billion to make sure its system for writing the software for self-driving cars will be just as efficient as the factories that build them. The company needs faster and more reliable methods for … Source: Claims Journal
Read MoreUber, Lyft and New York Loss Transfer
Ridesharing has officially arrived in New York, and confusion over New York no-fault insurance and PIP Loss Transfer has arrived with it. On June 29, 2017, the New York State Assembly approved, and Governor Andrew Cuomo signed, the state’s $153 … Source: Claims Journal
Read MoreVirginia Bill That Would Allow Drunk Driving on Private Property Killed
A Senate bill that would have allowed Virginians to drive drunk on their private property was killed unanimously by a House subcommittee Friday after an outcry from traffic safety advocates. Sen. Richard Stuart, R-King George, originally intended the bill to … Source: Claims Journal
Read MoreN.C. Supreme Court Says Hotel Not to Blame for Alcohol Death
The estate of a woman who died after a night of heavy drinking while celebrating with her husband at a hotel restaurant cannot successfully sue the owners because her actions contributed to her death, the North Carolina Supreme Court ruled … Source: Claims Journal
Read MoreWinter to Take Another Swipe at the Northeast This Week
Winter isn’t done with the Northeast just yet. For the second time in a week, a storm promises to barrel along the East Coast, bringing snow to New York and pounding coastal areas still cleaning up from last week’s nor’easter. … Source: Claims Journal
Read MorePowerful Nor’easter Leads to Power Outages, Flooding
Tens of thousands of utility workers in the Northeast raced to restore power to more than 1.5 million homes and businesses just days after a powerful nor’easter caused flooding and wind damage from Virginia to Maine. As conditions slowly improved … Source: Claims Journal
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