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Erie Insurance President and CEO Cavanaugh to Retire at Close of 2016

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Erie Indemnity Company announced that Terrence W. Cavanaugh, president and chief executive officer, will retire at the close of 2016. Cavanaugh shared the decision during a meeting of the Board of Directors. Erie Indemnity Company provides management services to the … Source: Claims Journal

Patricia Spares Mexico, Texas Not so Lucky

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Damage from Patricia, the strongest hurricane ever measured in the Western Hemisphere, may cost the U.S. billions from floods, even after the storm spared the largest cities in Mexico. Flooding in Texas may lead to more than $3 billion in … Source: Claims Journal

Intuit Launches Pay-as-You-Go Workers’ Compensation Platform

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Intuit Inc. announced a new platform that simplifies workers’ compensation insurance payments for small businesses. The platform makes it possible for small businesses to select a pay-as-you-go option from 20 top insurance providers, with premiums calculated in real-time based on … Source: Claims Journal

Rocky Road for Tech Companies Considering Making Cars

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Silicon Valley may think it can build a better car. But should it? As tech giants like Google and Apple look to automobiles as the next frontier for innovation, they face a looming reality: Cars are a lot harder to … Source: Claims Journal

Colorado Woman Trapped for Almost a Week After Crash Sues GM

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A woman who was trapped in her car for nearly a week after crashing off a Colorado highway is suing General Motors over alleged defects in her 2009 Chevy Malibu that she says contributed to the crash. Kristin Hopkins, who … Source: Claims Journal

Volkswagen Agrees to Audit of Injury, Death Claims

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Volkswagen AG, which reported death and injury claims at the lowest rate of any major automaker in the U.S. in the last decade, agreed to an independent audit of its compliance with a law requiring timely reporting of those claims. … Source: Claims Journal

Ohio Considers Legalizing Recreational and Medical Marijuana

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So a few states out West and a couple cities on the East Coast have voted to legalize marijuana. Does that mean legal pot can fly in the heartland? A ballot proposal before Ohio voters next month would be the … Source: Claims Journal

CoreLogic Ranks the Windiest Cities in the U.S.

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Jackson, Miss., is the windiest city in the nation, according to new data released by CoreLogic.  Springfield, Mo., Boston and Cambridge, Mass., followed by Shreveport, La., rounded out the top five windiest cities. The CoreLogic Windy City Ranking provides a … Source: Claims Journal

Using Key Value Factors to Evaluate First Edition & Rare Books

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For book collectors, first editions are often highly sought after, but they can vary wildly in value. If you were seeking a spine-chilling book this Halloween, for instance, a classic Stephen King first edition in good condition might set you … Source: Claims Journal

NASA Study Says 99% Probability of Los Angeles Quake

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There is a 99.9 percent chance of a magnitude-5 or greater earthquake striking within three years in the greater Los Angeles area, where a similar sized temblor caused more the $12 million in damage last year, according to a study … Source: Claims Journal