News
Premiums for U.S. auto insurers may drop more than 40 percent once the use of automated vehicles has been fully adopted by 2050 and driving becomes safer, according to insurance broker Aon Plc. “We as an industry need to act … Source: Claims Journal
Berkshire Hathaway Inc. duped a New York bicycle courier company into paying for a workers’ compensation plan that threatens to shortchange injured workers and businesses, according to a lawsuit filed Friday. The suit comes as Berkshire’s Applied Underwriters business faces … Source: Claims Journal
Tesla CEO Elon Musk says the electric car company is making major improvements to the Autopilot system used by its vehicles, which will dramatically reduce the number and severity of crashes in which they are involved. Sunday’s news comes in … Source: Claims Journal
A judge Wednesday ordered the Washington Attorney General’s Office to give him internal emails that might help explain when state lawyers handling a case about liability for the devastating Oso landslide realized that their expert witnesses were improperly deleting emails. … Source: Claims Journal
Drones will soon be taking to the skies to help New York City firefighters battle major fires and emergencies. The New York Times reported Thursday the Fire Department of New York will deploy a drone to 2-alarm fires or greater … Source: Claims Journal
Alacrity Services Announces Market Expansion With Launch Of Resolve Homeowner Program Alacrity Services launched Resolve to directly connect homeowners to its network of pre-screened restoration and repair contractors. The announcement marks a first-time expansion for the company from its core … Source: Claims Journal
In the first week of September, 45 years ago, Robert Mottram flew by helicopter to the Chilkat Mountains west of Admiralty Island. It was not a pleasant experience. On Sept. 4, 1971, Alaska Airlines Flight 1866, en route from Anchorage … Source: Claims Journal
A new published report on ocean warming, issued this week at the World Conservation Congress, makes clear the scale of ‘ocean risk’ for the first time. The International Union for Conservation of Nature (IUCN) report, funded by global (re)insurer XL … Source: Claims Journal
In a recent decision, South Carolina Ins. Reserve Fund v. East Richland County Public Service Dist., 2016 WL 1125810 (S.C. App., filed 3/23/16), the Court found that the release of offensive odors constituted a pollutant because the odors involved gas … Source: Claims Journal
The National Insurance Crime Bureau (NICB) reports today that from 2008 through 2015, there were 25,394 catalytic converter thefts across the nation. In 2008, there were 3,246 thefts of catalytic converters. That number rose to 3,986 at the end of … Source: Claims Journal