News
New safety technology that may have prevented last week’s deadly train crash in New Jersey is being implemented along some rail lines in Minnesota and elsewhere. The new technology, known as positive train control, is designed to automatically slow or … Source: Claims Journal
As Hurricane Matthew descends on the Eastern seaboard, the U.S. candle industry and state fire marshals are advising consumers to take critical safety measures when using candles or other open flames during a power outage. An estimated 26 percent of … Source: Claims Journal
As insurers brace for the aftermath of Hurricane Matthew, CoreLogic has issued new analysis projecting almost 2 million homes in four states could sustain damage from hurricane-driven storm surge flooding. GEICO announced it was assigning catastrophe teams and would take … Source: Claims Journal
Florida canceled classes along its Atlantic coastline and theme parks kept a watchful eye as Hurricane Matthew strengthened as it headed toward the East Coast. In South Carolina, Gov. Nikki Haley contemplated whether she will order some 1 million people … Source: Claims Journal
The Travelers Companies, Inc. announced the results of the Travelers Risk Index, an annual survey that provides insight into the most pressing concerns of American consumers and business leaders. While fewer respondents believe that the world is becoming riskier, there … Source: Claims Journal
Officials say the removal of temporary flood barriers in Cedar Rapids, Iowa, will take an extended period of time. Cedar Rapids city engineer Nate Kampman said most of the removal work after water from recent floods receded focused on clearing … Source: Claims Journal
U.S. safety regulators are investigating whether a recall of Ford F-150 pickup trucks for brake failures should be expanded to more model years. The probe covers about 282,000 pickups with 3.5-liter six-cylinder engines from 2015 and 2016. The National Highway … Source: Claims Journal
If you hurt yourself while pulling stuff from your parked car, should your insurance company be on the hook for the injuries? The Michigan Supreme Court is opening a new term with arguments in that case and many others, including … Source: Claims Journal
A study issued today of 1,438 claims against plastic surgeons insured by The Doctors Company, the nation’s largest physician-owned medical malpractice insurer, highlights that both patients and physicians should work together to reduce the risk of injury. The study, based … Source: Claims Journal
Private U.S. property/casualty insurers reported a $1.5 billion net underwriting loss in the first half of 2016-the first year-to-date net underwriting loss in more than three years-and saw their net income after taxes drop to $21.7 billion in first-half 2016 … Source: Claims Journal