Archive for October 2018
Auto Safety Agency Says U.S. Mercedes Owners Got Recall Notices too Late
The U.S. government is investigating Mercedes-Benz, alleging that the German automaker has been slow to mail safety recall notices and file required reports involving recalls of over 1.4 million vehicles. The National Highway Traffic Safety Administration said a review found … Source: Claims Journal
Read MoreBusiness News: Verisk, CoreLogic, Arbella
Verisk Launches WaterLine for Private Flood Insurance Market Verisk, a data analytics provider, announced the launch of WaterLine, an underwriting tool that scores flood risk for all properties in the contiguous United States, helping insurers meet the needs of the … Source: Claims Journal
Read MoreFraud News: Arson Scheme, Fraudulent Storm Claims, Fake COIs
California Man Sentenced to Six Years in Prison for Fraud in Connection with Arson Scheme U.S. District Judge Morrison C. England Jr. sentenced Brian J. Stone of Sacramento, Calif., to six years in prison and to pay over $243,000 in … Source: Claims Journal
Read MoreNICB: Halloween No Longer Top Holiday for Vehicle Thefts
A total of 22,770 vehicles were reported stolen on the 11 holidays in 2017, according to new data released by the National Insurance Crime Bureau (NICB). NICB theft data is pulled from the National Crime Information Center’s (NCIC) stolen vehicle … Source: Claims Journal
Read MoreJ.D. Power: Auto Insurers Rate High in Claims Customer Satisfaction, Despite Tech Lag
Auto insurers are achieving high levels of customer satisfaction when handling claims, but still struggle to transition claimants to digital claims reporting solutions, according to the J.D. Power 2018 U.S. Auto Claims Satisfaction Study. These findings are noteworthy in light … Source: Claims Journal
Read MoreFederal Suit Over Pot, Property Values Could Have Broad Implications
A federal trial in Colorado could have far-reaching effects on the United States’ budding marijuana industry if a jury sides with a couple who say having a cannabis business as a neighbor hurts their property’s value. The trial set to … Source: Claims Journal
Read MoreData Shows Lion Air Jet’s Final Plunge Topped 300 MPH
The Indonesian airliner that crashed Monday in waters near Jakarta was plunging at hundreds of miles an hour in its final seconds, according to preliminary data transmitted by the plane that could aid investigators looking for a cause. Lion Air … Source: Claims Journal
Read MoreOfficials Develop Multi-Prong Approach to Protect Texas From Hurricanes
State and federal officials on Friday recommended a plan to protect the Texas coast from hurricanes – particularly the Houston area – with a barrier system made up of floodwalls, floodgates and seawall improvements that could cost up to $31 … Source: Claims Journal
Read MoreBusiness News: Kemper, Munich Re, AIR Worldwide
Kemper Corporation announced a refresh of its core brand elements. The rebrand elevates the focus on the company’s strength, stability and transformation, and includes a new logo, positioning and product line architecture. The new bold and vibrant logo in navy … Source: Claims Journal
Read MoreMissouri Landfill Operator Sues for Help with EPA Cleanup
The operator of a suburban St. Louis, Mo., landfill where an underground fire smolders near illegally dumped radioactive waste is suing the drugmaker whose predecessor processed the Cold War-era nuclear material. Bridgeton Landfill LLC seeks help paying for the $205 … Source: Claims Journal
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