Archive for May 2018

Facing a tornado in your car on the open road with no buildings – much less basements – for miles is a terrifying thought. For travelers on the Kansas Turnpike, at least, there are underground storm shelters at most toll … Source: Claims Journal

An analysis by a Tennessee newspaper has found that a decline in safety inspections and ignored safety rules have led to an increase in worker deaths during Nashville’s housing boom. Citing state and federal Occupational Safety and Health Administration data, … Source: Claims Journal

The insurance costs for the monster hailstorm that pounded Colorado’s Front Range on May 8, 2017 have skyrocketed from an initial estimate of $1.4 billion to $2.3 billion – maintaining its infamous ranking as Colorado’s most expensive insured catastrophe. The … Source: Claims Journal

RMS Releases New Japan Earthquake and Tsunami High Definition Model Global risk modeling and analytics firm RMS announced the release of its new Japan Earthquake and Tsunami High Definition (HD) model. RMS collaborated with local experts, scientific agencies and insurers … Source: Claims Journal

Some business groups in North Dakota are working with the federal Occupational Safety and Health Administration to increase awareness of trenching hazards and collaborate on training programs. The alliance members signed a two-year agreement Thursday at the North Dakota Safety … Source: Claims Journal

The U.S. Department of Transportation is again urging owners of vehicles with defective Takata airbags to seek repairs immediately. The agency singled out Ford Rangers and Mazda B-Series trucks from 2006, which are under a “do not drive” warning. The … Source: Claims Journal

Uber Technologies Inc., whose self-driving car program is reeling from a fatal collision with a pedestrian, has hired Christopher Hart, the former chairman of the National Transportation Safety Board, to advise the company. That same board is investigating the Tempe, … Source: Claims Journal

Three frontrunners lead US property & casualty (P&C) insurers’ priorities for data and advanced analytics: customer experience; claims management; and telematics data for pricing, customer selection and product design. This finding, and the growing range of data sources that insurers … Source: Claims Journal

The Massachusetts Institute of Technology cannot be held responsible for the death of a graduate student who killed himself on campus in 2009, the state’s highest court ruled Monday. The Supreme Judicial Court sided with MIT in the closely watched … Source: Claims Journal

A former Allstate Insurance Co. employee who was fired following an arrest has been awarded more than $18 million in damages. The San Diego Union-Tribune reported a San Diego jury awarded 55-year-old Michael Tilkey about $2.6 million in actual damages … Source: Claims Journal