News
Technology innovation will provide the biggest growth opportunities for reinsurers in the year ahead, according to a just released survey by Guy Carpenter & Company, LLC, global risk and reinsurance specialist and wholly owned subsidiary of Marsh & McLennan Companies. … Source: Claims Journal
About one-third of targeted attempts to breach corporations’ cyber defenses succeed but three-quarters of executives remain unaccountably confident in their security strategies, Accenture Plc. reported Wednesday in a survey of 2,000 security officers representing large enterprises worldwide. The “alarmingly high” … Source: Claims Journal
Emerging risks associated with the sharing economy and new technology pose new challenges for insurers, according to members of the International Association of Claim Professionals (IACP) who sat down with Claims Journal for an exclusive interview. Marc Karnell, global head … Source: Claims Journal
Among the changing red and yellow fall leaves of Yosemite National Park, nature artist Penny Otwell is marveling at the fullest rushing waterfalls and rivers she’s ever painted there in autumn. But down in the dry Southern California suburbs, David … Source: Claims Journal
When fire breaks out in the forge shop of Kearney, Neb.-based Eaton Corp. manufacturing plant, its fire brigade is quick to respond. “We have over 800 pieces of equipment in our facility, so technically there’s 800 opportunities for a fire, … Source: Claims Journal
Amazon.com was sued by Illinois delivery drivers who say the company failed to pay them overtime for hauling its goods. Among the questions the judge will have to answer? Whether they actually worked for Amazon. “Amazon controls everything, without a … Source: Claims Journal
Sulfurous fumes seep from the walls of Valentine Hendrix’s home, slowly attacking her appliances and light fixtures, her lungs and sinuses. It’s been that way for almost nine years. In 2008, Hendrix’s family was one of 12 poor black families … Source: Claims Journal
The number of pedestrians in Houston, Texas, who have been struck and killed by cars has spiked this year – already 31 percent higher than the total for all of 2015 – according to police. At least 71 pedestrians have … Source: Claims Journal
In another black eye for one of the world’s leading consumer brands, U.S. authorities announced a recall Friday of nearly 3 million Samsung washing machines following several reports of injuries – including a broken jaw – due to “excessive vibration.” … Source: Claims Journal
Honda must do more to track down owners of 300,000 cars with highly dangerous Takata airbag inflators and make sure they are repaired, the nation’s top auto safety regulator said Wednesday. Mark Rosekind, head of the National Highway Traffic Safety … Source: Claims Journal