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Archive for May 2018

People Moves at AIG and Aon

AIG Names Lyons Senior Vice President & Chief Actuary, General Insurance American International Group, Inc.announced that Mark D. Lyons will join the company as senior vice president & chief actuary, General Insurance, effective June 1, 2018. Lyons will lead the … Source: Claims Journal

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GE to Further Inspect Southwest Engine Fan Blades

Southwest Airlines Co. said it has sent some aircraft-engine fan blades to the manufacturer for inspection, though the carrier’s own review found no faults like the one that caused a blade to crack in flight, leading to a passenger’s death … Source: Claims Journal

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Louisiana Gov. Edwards Rejects Bills to Rewrite Insurance Laws

Gov. John Bel Edwards has vetoed three bills that would have changed Louisiana’s insurance laws, including two sought by the state’s insurance commissioner. The Republican-sponsored measures are the first bills struck by the Democratic governor from this year’s regular session. … Source: Claims Journal

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Business News: Vlocity, Weather Analytics, Chubb

Vlocity Launches Automated Claims Features, Offers Carriers Omnichannel Claims Functionality Vlocity, Inc., a cloud software company, announced the launch of automated claims features in their apps. The launch includes end-to-end management of property and casualty (P&C) insurance claims for policyholders, … Source: Claims Journal

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Connected Car Data Benefits Auto Insurance Lifecycle

Data derived from connected cars on the road today can improve auto insurance from both the insurer and insured perspective, according to Dawn Mortimer, AVP – IoT/Telematics Product Management at Verisk Insurance Solutions. The data collected by connected cars can … Source: Claims Journal

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Wisconsin Reports Increase in Pedestrian Deaths

Wisconsin transportation officials are growing concerned about risky behavior by drivers and pedestrians as the number of pedestrian fatalities increased last year, mirroring a national trend. The state saw almost 60 pedestrian deaths in 2017, compared with about 50 in … Source: Claims Journal

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Hawaii Homeowners Concerned About Lava Coverage

Patricia Deter moved from Oregon to Hawaii to be closer to her two daughters, but the Kilauea volcano burned down her home only a month after she bought it. Now Deter and her family, along others who have recently lost … Source: Claims Journal

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