Archive for April 2022

Not only did natural catastrophes in 2021 break insurance claims records, but they also highlighted the growing cost of non-modeled characteristics of disasters, which are altering the industry’s understanding of these risks, according to a report published by RMS. “Secondary … Source: Claims Journal

South Carolina authorities have charged 18 people in what’s being called a major insurance fraud ring that staged vehicle collisions and filed false claims over a one-year period. All but one of the subjects were booked at the Sumter Lee … Source: Claims Journal

US motorists have eased their feet off their gas pedals a bit since the height of the pandemic, but their eyes are on the road a lot less, according to a new report by Cambridge Mobile Telematics. The company, which … Source: Claims Journal

SAN FRANCISCO –– Toyota Motor Corp unit Woven Planet is following the lead of Tesla Inc. in trying to advance self-driving technology with low-cost cameras. Woven Planet told Reuters it is able to use cameras to collect data and effectively … Source: Claims Journal

PARIS (AP) — France’s bureau that investigates air crashes and aviation safety said Wednesday it is looking into a “serious incident” involving an Air France flight from New York’s JFK airport that suffered flight control problems on approach to its … Source: Claims Journal

VENTURA, Calif. (AP) — A state appeals court said Tuesday that a Southern California hospital can be held responsible for sexual abuse by an employee, upholding a jury’s damage award of $6.75 million to two elderly patients who were abused … Source: Claims Journal

Power outages from severe weather have doubled over the past two decades across the U.S., as a warming climate stirs more destructive storms that cripple broad segments of the nation’s aging electrical grid, according to an Associated Press analysis of … Source: Claims Journal

PEMBROKE, Ga. (AP) — Southerners were clearing trees from roads and buildings as weather forecasters planned to survey damage from several possible tornadoes in Georgia and South Carolina, but said that effort could be interrupted by the potential for more … Source: Claims Journal

WASHINGTON (AP) — The Environmental Protection Agency on Tuesday proposed a rule to finally ban asbestos, a carcinogen that is still used in some chlorine bleach, brake pads and other products and kills thousands of Americans every year. The proposal … Source: Claims Journal

GALENA, Mo. (AP) — A judge on Tuesday dismissed criminal charges against three men prosecuted after a tourist boat sank and killed 17 people during a 2018 Missouri storm. The boat was swamped by waves caused by strong winds shortly … Source: Claims Journal