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Travelers: Vendor Issues Top Cause of Wedding Insurance Claims

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Problems with vendors amounted to 30 percent of claim payments for all wedding claims, according to Travelers Companies, Inc. which announced the findings of its recent analysis of wedding insurance claims from 2011–2015. Wedding venues going bankrupt, photographers failing to … Source: Claims Journal

China, US, EU Pledge Tighter Product Safety Controls in E-Commerce

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U.S., European and Chinese regulators said Wednesday they will jointly enforce product safety in online commerce, and an American official said they are making progress on crafting standards for hoverboards. The statement by American, European Union and Chinese officials reflects … Source: Claims Journal

New York Limits Initial Opioid Prescriptions to 7 Days

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New York is limiting opioid drug prescriptions to seven days of painkillers following a patient’s initial visit to a doctor. Gov. Andrew Cuomo, signing the new law Wednesday, said it’s among four significant measures that he and state lawmakers are … Source: Claims Journal

Fingerprint Checks at Heart of Ride Hailing Battle

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Hailing a ride with a smartphone app in many U.S. cities is coming down to a fight over fingerprints. Following incidents where Uber drivers were found to have criminal records, a number of state and local officials have proposed fingerprint … Source: Claims Journal

Car Quality Improves Despite Addition of New Technology

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Despite adding sophisticated electronic safety features and touch screens that once were prone to glitches, most automakers improved their reliability scores this year in an annual survey of new-car buyers. The latest survey by the J.D. Power consulting firm determined … Source: Claims Journal

Weather Experts Debate Which Hurricane Season Alex Belongs in

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There’s something a little off about Alex. The hurricane developed in the Atlantic Ocean in January, getting the 2016 storm season, which officially began June 1, off to an early start. Or did it? “One could make the case that … Source: Claims Journal

Rebuilding Aids Canada Town Scorched by Wildfires

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After shuttering his lumber mill for nearly a month when it was surrounded by raging fires in northern Alberta, Northland Forest Products Ltd. President Howard Ewashko sees a silver lining: a pickup in business from rebuilding what was lost. “It … Source: Claims Journal

Commentary: FAA’s New Rules Let Safe, Smart Drones Fly Free

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It took four years, several false starts and 624 detailed pages, but the Federal Aviation Administration has finally come up with new regulations governing commercial drones. Quite unexpectedly, they’re flexible, farsighted – and potentially groundbreaking. Until now, U.S. companies wanting … Source: Claims Journal

Researchers Say California Drought Recovery Could Take 4 Years

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It could take California four years to recover from the most severe drought on record, even if the next several winters bring above-normal snowfall to the Sierra Nevada, researchers said Tuesday releasing a study. One winter of El Nino storms … Source: Claims Journal

Timely Mitigation of Hail Damage Blows the Roof Off of Status Quo

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When it comes to hail damage or another major weather event, the insurance industry might benefit from the “an ounce of prevention can equal a pound of cure” philosophy used in the healthcare world. Let’s say a person has a … Source: Claims Journal