Archive for September 2018

LexisNexis Launches Global Alliance Program Focusing on Data Analytics LexisNexis Risk Solutions announced the launch of its LexisNexis Global Insurance Alliance program. Insurers can integrate with more than 125 alliance program members to access LexisNexis policy and claims solutions that … Source: Claims Journal

U.S. taxpayers who spent billions of dollars after a trifecta of hurricanes last year are poised to do so again after a fix to the nation’s troubled flood insurance program remains stalled in Congress – and as a dangerous new … Source: Claims Journal

Leave it to catastrophe bonds to be among the most well-functioning debt markets out there. Issuance of “cat bonds” has climbed to more than $11 billion this year, about the same as this time in 2017, when sales hit a … Source: Claims Journal

Hurricane Florence is the first major hurricane of the 2018 season, and with Gordon now a tropical depression dumping several inches of rain on the Southeast, it’s safe to say hurricane season is in full gear. Forecasters are predicting three … Source: Claims Journal

Editor’s Note: This article, previously published in 2012, offers evergreen tips on staying safe while adjusting catastrophe losses. Displaced rats, contaminated flood waters, downed electrical wires and unstable flooring are just some of the dangers encountered by workers assessing Sandy … Source: Claims Journal

Florence was slightly weakened but unbowed as it continued to barrel toward the U.S. East Coast on Tuesday, with forecasters saying they expect the storm to soon re-strengthen near Category 5 levels. The hurricane, now packing 130 mile-per-hour winds, remains … Source: Claims Journal

A series of human errors led to a BNSF Railway train striking and killing two railroad workers in South Dakota last year, federal investigators said Thursday. The National Transportation Safety Board released its report Thursday on the Jan. 17, 2017, … Source: Claims Journal

The wealthy stock trader took elaborate steps to conceal the network of tunnels beneath his house in this Washington, D.C., suburb. Even the young man helping him dig them didn’t know where they were. A year ago, a deadly fire … Source: Claims Journal

Under pressure from U.S. safety regulators, Ford is recalling about 2 million F-150 pickup trucks in North America because the seatbelts can spark and cause fires. The recall, which covers trucks from the 2015 through 2018 model years, comes about … Source: Claims Journal

Damage estimates are soaring in southern Wisconsin after weeks of severe flooding and storms destroyed pavement and damaged hundreds of homes. Here’s a look at where things stand: Gov. Scott Walker said the flooding and storms that began on Aug. … Source: Claims Journal