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Indiana Business Owner Working to Stop Identity Theft at Gas Pumps

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It’s supposed to be a convenience, but more and more, card swipes on gas pumps are being abused by criminals to steal customer’s data. Skimming is when a criminal installs a piece of malicious hardware to a card reader, usually … Source: Claims Journal

Chubb Highlights Construction Contractor Emerging Risks in New Advisory

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As construction contractors incorporate project design and digital technologies into their businesses, Chubb has issued an advisory to help them understand and manage emerging professional liability and privacy and network security exposures. Co-authored by two Chubb executives, the advisory, “New … Source: Claims Journal

Takata Placing Worst-Case Recall Costs at $24B

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Takata Corp., the supplier behind the auto industry’s biggest recall ever, estimated that a comprehensive callback of its airbag inflators would total about 2.7 trillion yen ($24 billion), according to a person familiar with the matter. The shares plunged to … Source: Claims Journal

North Texas Earthquake Risk Higher Than Ever Before

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A U.S. Geological Survey report concludes the risk of earthquakes for the Dallas-Fort Worth area is higher than it’s ever been. The USGS report released Monday, according to The Dallas Morning News,  incorporates “induced” earthquakes into federal seismic hazard maps. … Source: Claims Journal

Researchers See Positive Results From Concussion Blood Test

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New research bolsters evidence that a simple blood test may someday be used to detect concussions. It suggests that a protein linked with head trauma may be present in blood up to a week after injury, which could help diagnose … Source: Claims Journal

No Criminal Charges in Deadly California Balcony Collapse

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A California prosecutor has decided against filing criminal charges in a fifth-story balcony collapse in Berkeley last year that killed six students from Ireland and injured seven other people, officials said Tuesday. Alameda County District Attorney Nancy O’Malley said she … Source: Claims Journal

Ford’s China Partner to Send Driverless Car on 1,200-Mile Test

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Changan Automobile Group, Ford Motor Co.’s partner in China, plans to send a self-driving test car on a 1,200-mile road trip next month, underscoring its ambitions to produce highly automated vehicles by 2020. The car will depart Chongqing and arrive … Source: Claims Journal

Self-Driving Cars Will Likely Put a Dent in Auto Insurer Profits

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Accident avoidance features in vehicles, such as automatic braking, adaptive cruise control, and lane departure prevention, are becoming more prevalent and will lead to lower accident frequency in the next five-to-ten years, a benefit for auto insurers. Longer term, self-driving … Source: Claims Journal

IIHS: First Headlight Rating Test Reveals Dismal Results

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The Toyota Prius v is the only midsize car out of 31 evaluated to earn a good rating in the Insurance Institute for Highway Safety’s first-ever headlight ratings. The best available headlights on 11 cars earn an acceptable rating, while … Source: Claims Journal

NICB Reports Slight Uptick in 2015 Water Damage Claims Over Prior Year

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In 2015, there were 1,403,054 water damage claims filed—an increase of just one percent over 2014’s total of 1,389,277, according to a new report by the National Insurance Crime Bureau (NICB). From January 1, 2014 through December 31, 2015, a … Source: Claims Journal