Verisk Analytics Inc., the provider of data to insurers and banks, was named to join the Standard & Poor’s 500 Index after the company’s market value passed $12 billion on a share rally and expansion through acquisitions. Verisk will replace … Source: Claims Journal

Joaquin became a major hurricane as it tears toward the Bahamas and government forecasters said they can’t rule out a strike on the U.S. East Coast as early as Sunday. The 10th storm of the Atlantic season had top wind … Source: Claims Journal

In 2014, a total of 11,625 heavy equipment thefts were reported to law enforcement—an increase of 1.2 percent from the 11,486 reported in 2013, according to a new report published by the National Insurance Crime Bureau. The report on heavy … Source: Claims Journal

The U.S. Environmental Protection Agency has finalized a plan to clean up contaminated soil from residential properties at the Sherwin-Williams/Hilliards Creek Superfund site in Gibbsboro and Voorhees, N.J. The site includes a former paint manufacturing plant and the waters of … Source: Claims Journal

The author, Franz Kafka, known for his dark situations which many people relate to, once wrote a very short story about omnipotent power floating just beyond our reach. You go to the city to see the law. Upon arrival outside … Source: Claims Journal

As cars increasingly resemble digital devices, a group of technology firms that can send wireless software updates to cars are in hot demand by carmakers scrambling to catch up to Tesla Motors in the arena of over-the-air updates, or OTAs. … Source: Claims Journal

Two months after receiving a record $105 million fine for lapses in U.S. auto safety recalls, Fiat Chrysler Automobiles NV faces new problems over lax safety reports that could lead to additional financial penalties for the Italian-U.S. automaker. Federal regulators … Source: Claims Journal

American Well, a telehealth services provider, announced it is entering the workers’ compensation sector through a strategic partnership with CorVel Corporation, a national provider of risk management solutions. Together the companies will deliver on-demand doctor evaluations for employees with a … Source: Claims Journal

Sixty years ago this week, teen idol James Dean died at the age of 24, after crashing his sports car at the intersection of California Routes 46 and 41. He was reportedly driving 85 mph; his death remains a grim … Source: Claims Journal

Transformers are everywhere, from compact ones used to charge our cell phones or laptops up to large industrial transformers used in manufacturing plants and power grids. Transformers have been around since the late 1880s. Transformer failures caused by insulation breakdown … Source: Claims Journal