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Archive for August 2019

California Insurers Drop Policies in High-Fire Risk Areas

SACRAMENTO, Calif. — New California data shows insurance companies declined to renew nearly 350,000 home insurance policies in areas at high risk for wildfire since the state began collecting data in 2015. The data released this week did not say … Source: Claims Journal

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Jet Catches Fire in Northern California; 10 Aboard Unhurt

OROVILLE, Calif. — All 10 people aboard a small jet escaped injury Wednesday after the aircraft aborted its takeoff at a small Northern California airport, went off the runway and burst into flames, officials said. The pilot of the twin-engine … Source: Claims Journal

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Ransomware Attack Hits More than 20 Texas Local Governments

DALLAS — More than 20 local governments in Texas were targeted in a coordinated ransomware attack of unprecedented size on Friday, but several of the cities had resumed normal operations by Tuesday, state officials said. The Texas Department of Information … Source: Claims Journal

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FAA Seeking 737 Airline Pilots to Test Software on Grounded Max

U.S. regulators are turning to a variety of Boeing Co. 737 Max pilots, including some with relatively little experience, to help test revamped flight-control software aimed at returning the jetliner to commercial service, according to the agency and people familiar … Source: Claims Journal

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U.S. Cyber Agency Says Reducing Risks From China Top Priority

A newly created U.S. cybersecurity agency said Thursday that China represents the greatest strategic risk to the U.S., and as a result, the agency’s top operational priority is reducing the risks from Chinese compromises to the global supply chain, including … Source: Claims Journal

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Analysis Confirms Speeding is Best Predictor of Car Crashes

Speeding is the riskiest kind of aggressive driving, according to a unique analysis of data from on-board devices in vehicles. Researchers at the University of Waterloo examined data from 28 million trips for possible links between four bad driving behaviors … Source: Claims Journal

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Claims Data Points to High-End Electric Car Risks: AXA

DUEBENDORF, Switzerland — Electric luxury cars and sport utility vehicles (SUVs) may be 40% more likely to cause accidents than their standard engine counterparts, possibly because drivers are still getting used to their quick acceleration, French insurer AXA said. The … Source: Claims Journal

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