News
Much has been said about the insurance industry’s technology gap and its general hesitance to integrate modern technology into operations. While other industries heavily invested in such solutions, insurance businesses bided time, sticking to legacy processing systems. However, we’re now … Source: Claims Journal
The FBI and U.S. National Highway Traffic Safety Administration (NHTSA) issued a bulletin Thursday warning that motor vehicles are “increasingly vulnerable” to hacking. “The FBI and NHTSA are warning the general public and manufacturers – of vehicles, vehicle components, and … Source: Claims Journal
Cited for an aggressive campaign to counter workers-compensation scams throughout the state, New York Inspector General Catherine Leahy Scott was honored with the “Fraud Fighter of the Year” award by the New York Alliance Against Insurance Fraud, an alliance of … Source: Claims Journal
Cyber risk is just one of the factors impacting errors and omissions claims, according to panelists at the American Bar Association’s annual Tort Trial & Insurance Practice Section’s Insurance Coverage Litigation Committee. Because of a convergence of new risks facing … Source: Claims Journal
Munich Re, in collaboration with the Washington State Transit Insurance Pool (WSTIP), has launched a pilot program equipping transit buses with collision avoidance technology known as Mobileye Shield+. RoscoVision Systems is the North American provider and driver-interface manufacturer of this … Source: Claims Journal
EnPro Industries Inc said it has agreed to a $480 million settlement to resolve current and future personal injury claims related to its asbestos-lined gaskets used in pipes, valves and other industrial applications. The settlement was between EnPro, its now … Source: Claims Journal
A family car owned by the nation’s top auto safety regulator’s family has been recalled to fix a faulty Takata airbag, but like millions of others, he’s waiting for parts to make the repair. National Highway Traffic Safety Administration chief … Source: Claims Journal
Imagine a scenario where sensor-laden vehicles pass through intersections by communicating with each other, rather than grinding to a halt at traffic lights. A newly published study co-authored by MIT researchers claims this kind of traffic-light-free transportation design, if it … Source: Claims Journal
Will Power did not suffer a concussion before the season-opening race at St. Petersburg, Fla., and the Australian was instead likely suffering only from an inner ear infection. Power was a late scratch from Sunday’s race when symptoms he was … Source: Claims Journal
A truck used to deliver feed to a business where cattle are fattened hit a train track and shifted it at least a foot before an Amtrak train derailed in southwest Kansas and injured at least 32 people, an investigator … Source: Claims Journal