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Archive for September 2018

NTSB Seeks Anti-Lock Brakes on New Motorcycles in U.S.

A federal safety agency is recommending that all new motorcycles built for road use in the U.S. have anti-lock brakes and electronic stability control as standard equipment. The National Transportation Safety Board voted 5-0 on Tuesday to make the recommendations … Source: Claims Journal

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Prepping for Hurricane Florence, Investors Sell Off Insurers

Hurricanes almost always set off an orchestrated dance on Wall Street before they make landfall, with shares of property and casualty insurance companies dumped in favor of companies that sell construction supplies or portable generators. That routine began a week … Source: Claims Journal

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Report: Amazon Could Tackle Claims Management Next

Amazon has become the go-to for online shopping, it’s foray into digital entertainment has been equally successful. Imagine if the online retailer were to offer insurance services. One company has – Altus Consulting, based in the UK – explored how … Source: Claims Journal

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Insurers Consider Florence Claims Costs

Days before Hurricane Florence is expected to slam into the U.S. East Coast, insurers are starting to see potential claims costs tick upward as people flee and companies halt operations. Evacuations, already affecting more than 1 million people in and … Source: Claims Journal

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California Marijuana Products Failing Safety Tests

Nearly 20 percent of marijuana products in California have failed tests for potency and purity since the state started requiring the checks on July 1, a failure rate some in the industry say has more to do with unrealistic standards … Source: Claims Journal

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Florence Could Hit With a Punch Not Seen Since Hazel

The last time the midsection of the East Coast stared down a hurricane like this, Dwight Eisenhower was in the White House and Marilyn Monroe and Joe DiMaggio were newlyweds. Hurricane Florence could inflict the hardest hurricane punch the Carolinas … Source: Claims Journal

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