Archive for May 2018

Lemonade Launches World’s First ‘Open Source’ Insurance Policy Lemonade, the insurance company powered by artificial intelligence and behavioral economics, announced it has rewritten the generations-old insurance policy. The new insurance policy, called Policy 2.0, will be open for edits from … Source: Claims Journal

Will artificial intelligence ultimately help or hurt U.S. workers? A Brookings Institution survey offers fresh fodder for the debate, showing opinion is heavily tilted against AI at a time companies are increasingly looking for ways to include it in everything … Source: Claims Journal

The eruption of Mount Kilauea in Hawaii is a reminder to business owners, even those nowhere near any of the 169 volcanoes in the U.S., that they could be vulnerable to nature’s most destructive forces. And that they need to … Source: Claims Journal

The National Insurance Crime Bureau (NICB) released a study on the number of animal-related insurance losses for the years 2014-2017. The data is gleaned from insurance claims for losses that occurred in all 50 states plus the District of Columbia. … Source: Claims Journal

PG&E Corp. suffered another legal setback with a judge saying he won’t release the company from a key legal claim over the most destructive wildfires in California history. PG&E has been challenging a California law allowing private property owners to … Source: Claims Journal

Chaotic police body-camera footage from last year’s deadly wildfires in Northern California’s wine country shows officers running door-to-door urging people to flee and rescuing elderly residents of a retirement community as flames bear down, according to a newspaper report Sunday. … Source: Claims Journal

The picturesque Florida cities of Miami Beach and Sarasota carry high investment-grade credit ratings and are popular travel destinations. They’re also two of the most exposed U.S cities to climate change in the country, according to a new analysis by … Source: Claims Journal

The National Transportation Safety Board on Tuesday recommended for the first time that all new school buses in the U.S. be equipped with lap and shoulder belts. The NTSB also voted to recommend that the National Highway Traffic Safety Administration … Source: Claims Journal

Photographer Ryan McGinnis admits he made a serious mistake May 29, 2008, by underestimating the risk while chasing a storm that spawned several Kearney, Neb., tornadoes. He wanted to get in front of the supercell he’d followed from Lexington to … Source: Claims Journal

Europe’s new data and privacy rules take effect this Friday, clarifying individual rights to the personal data collected by companies around the world for targeted advertising and other purposes. Years in the making, the rules are prompting companies to rewrite … Source: Claims Journal