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Beazley: Hacking, Malware Threat Increasing for Financial Institutions

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Financial institutions are increasingly being targeted by hackers, according to the latest  Beazley Breach Insights – July 2016 findings based on its response to client data breaches in the first six months of 2016. A provider of data breach response … Source: Claims Journal

Apps Pose New Danger to Teens While Driving

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The dangers of texting while driving among teens has been highlighted over the past several years—and while this message is still vitally important, texting is not the only danger popping up on their smartphones. According to new research conducted by … Source: Claims Journal

NICB Ranks Top 10 Most Stolen Vehicles

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The National Insurance Crime Bureau (NICB) released its annual Hot Wheels report which identifies the 10 most stolen vehicles in the United States. The report examines vehicle theft data submitted by law enforcement to the National Crime Information Center (NCIC) … Source: Claims Journal

South Carolina’s Hurricane History Altered as 1959’s Gracie Now Cat 4

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Scientists reviewing old weather data recently changed South Carolina’s hurricane history, making Hurricane Gracie in 1959 only the third Category 4 storm in 165 years to strike the state. That means Gracie, which made landfall near Beaufort, joins Hurricane Hazel … Source: Claims Journal

No Survivors in Texas Hot Air Balloon Crash

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A hot air balloon carrying 16 people caught on fire and crashed in Central Texas, and it appeared no one survived, authorities said. Authorities would not confirm the exact number of deaths in Saturday’s crash, but Lynn Lunsford with the … Source: Claims Journal

Cyber Monitored Buildings Will Enhance Construction Site Safety

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The use of Cyber-Physical Systems (CPS) will allow for monitoring and assessing the safety of temporary structures used on construction sites, according to research being completed in Penn State’s Department of Architectural Engineering. The National Science Foundation defines CPS as … Source: Claims Journal

NHL Commissioner’s Skepticism on Concussion CTE Link Reaches Congress

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NHL Commissioner Gary Bettman’s reluctance to link hits to the head in hockey with a degenerative brain disease found in several deceased former players has reached Congress. League attorneys have filed Bettman’s letter to Connecticut Sen. Richard Blumenthal with U.S. … Source: Claims Journal

New Jersey Pier Destroyed by Superstorm Sandy, Fire Might Be Done

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A historic Jersey shore pier that was pummeled by Superstorm Sandy, then destroyed in a spectacular fire might finally be done in by building regulations. The owner of the former Funtown Pier says he won’t rebuild it if the town … Source: Claims Journal

Citizens Implements $1.8M Estimate Review Program for Florida Water Loss Claims

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Florida’s insurer of last resort, Citizens, has expanded its efforts to curb increasing water loss claims with a new Water Mitigation Estimate Review Program. Citizens Chief Claims Officer Jay Adams said the new program will provide Citizens with “certified and … Source: Claims Journal

New Jersey Officials Recover $3.5M, Allstate $20M in PIP Fraud Cases

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New Jersey insurance officials said they have recovered $3.5 million in a personal injury insurance fraud case involving chiropractors, physicians, medical facilities, billing companies and others. In a case connected to the same operation, Allstate Insurance recovered more than $20 … Source: Claims Journal