Archive for March 2021
Adaptive Cruise Control Raises Crash Risks, U.S. Study Finds
Adaptive cruise control systems on cars, which control braking and speed, raise the risk of traffic crashes because the technology leads drivers to go faster, a U.S. study found on Thursday. The Insurance Institute for Highway Safety found that drivers … Source: Claims Journal
Read MoreFitch Cautious, but Economist Predicts ‘Isolated’ Impact From Business-Interruption Claims
While Fitch Ratings worries that litigation over COVID-19-related business-interruption claims is creating uncertain risk for property and casualty insurers, an economist who once served as a chief advisor to the industry said he doubts there will be a widespread impact. … Source: Claims Journal
Read MoreInsurers, Reinsurers Prepare for Battle Over UK COVID-19 Business Payments
LONDON — Top insurance companies, ordered by Britain’s highest court to pay thousands of small businesses millions of pounds in claims for COVID-19 disruption, are facing a battle with reinsurers over who should foot the bill, industry sources said. Bars, … Source: Claims Journal
Read MoreFacial Recognition Company Sued by California Activists
ALAMEDA, Calif. (AP) — Civil liberties activists are suing a company that provides facial recognition services to law enforcement agencies and private companies around the world, contending that Clearview AI illegally stockpiled data on 3 billion people without their knowledge … Source: Claims Journal
Read MoreFamilies of Boeing Crash Victims Renew Push for FAA Changes
Relatives of some of the passengers who died in the crash of an Ethiopian Airlines plane will mark Wednesday’s two-year anniversary of the disaster by seeking the improbable: A reversal of government orders that let Boeing 737 Max jets fly … Source: Claims Journal
Read MoreLawsuit Against Reno Over Flooding of Homes Now in U.S. Court
RENO, Nev. (AP) — Dozens of residents who are suing the city of Reno over the flooding of their homes in 2017 are moving to federal court in a complex case that could cost taxpayers millions of dollars. The move … Source: Claims Journal
Read MoreSchool Open After Accidental Explosion; Teen’s Dad Charged
NEWAYGO, Mich. (AP) — Authorities filed charges Tuesday against the father of a teenager who accidentally detonated a homemade explosive at a western Michigan school. The explosion Monday led to a search of the man’s home in Newaygo County’s Brooks … Source: Claims Journal
Read MoreTown North of Honolulu Evacuated as Stream Floods
Hawaii Gov. David Ige declared an emergency in the U.S. state after heavy rains brought floods, landslides and fear of dam failures, and authorities ordered the evacuation of several thousand people from communities threatened by rising waters. The move came … Source: Claims Journal
Read MoreCarrier Can’t Subrogate Against Students Who Caused Dartmouth Dormitory Fire
An insurer that paid $4.5 million to Dartmouth College to restore a dormitory that was damaged by fire can’t seek recovery from two students whose negligence started the blaze, the New Hampshire Supreme Court decided. The high court ruled 3-0 … Source: Claims Journal
Read MoreU.S. Selects Compensation Feinberg Firm to oversee Boeing 737 MAX Victim Fund
WASHINGTON — Prominent attorneys Kenneth Feinberg and Camille Biros have been named to oversee a $500 million victim compensation fund for the relatives of 346 people killed in two fatal Boeing 737 MAX crashes, a spokeswoman for Feinberg confirmed on … Source: Claims Journal
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