Archive for April 2019

There’s a lot of reasons people think 13 is an unlucky number. This year may add another. At least 13 storm systems should reach tropical strength and get a name in 2019, with five becoming hurricanes and two spawning winds … Source: Claims Journal

Some of the world’s largest insurers are eagerly pitching cities, states and even school districts on policies designed to pay out quickly with few questions in the event of extreme weather. The catch: Even a hurricane might not be extreme … Source: Claims Journal

Pilots on a doomed Ethiopian Airlines flight followed proper procedures and still couldn’t bring the 737 Max out of a dive, Ethiopia’s transport minister said, pressing Boeing Co. to fix the flight controls of its plane to avoid further disasters. … Source: Claims Journal

Boeing Co., Ethiopian Airlines and aircraft-sensor maker Rosemount Aerospace Inc. were sued in the U.S. for alleged negligence in connection with a plane crash last month that killed 157 people and intensified concern about the safety of 737 Max passenger … Source: Claims Journal

It remains one of the most difficult issues to deal with in the world of property insurance. Homeowners’ insurance policies usually contain a provision obligating the carrier to repair or replace an insured’s damaged property with “material of like kind … Source: Claims Journal

It’s a big question for many people in traffic-dense cities like Los Angeles: When will self-driving cars arrive? But following a series of high-profile accidents in the United States, safety issues could bring the autonomous dream to a screeching halt. … Source: Claims Journal

WASHINGTON — The Federal Aviation Administration said late on Wednesday it is launching a new review of the safety of the now-grounded Boeing 737 MAX that will be headed by a formal top U.S. safety official. The FAA said it … Source: Claims Journal

Dogs remain the undisputed champions at generating insurance claims, deer, birds and cats are doing their amount of mayhem as well, and bedbugs are a growing liability for insurers, according to a review of 470,000 insurance claims over five years … Source: Claims Journal

OROVILLE, Calif. — Water rushed down the rebuilt spillway at the nation’s tallest dam for the first time since it crumbled in heavy rain two years ago and drove hundreds of thousands of California residents from their homes over fears … Source: Claims Journal

SAN FRANCISCO (Reuters) – A U.S. judge said on Tuesday that PG&E Corp cannot resume dividends and must use the money to reduce wildfire risk in California, stopping short of more costly measures he proposed earlier this year. The new … Source: Claims Journal