A decade after Hurricane Katrina caused $41 billion in property and casualty insurance losses, the most expensive catastrophe ever experienced by the global insurance industry, rising sea levels are driving up expected economic and insurance losses from hurricane-driven storm surge … The post A Decade After Hurricane Katrina Rising Flood Risk Threatens Coastal Cities appeared…

A Florida-based consumer advocacy group has outlined six recommendations to strengthen U.S. system of building code development, adoption and enforcement. The nonprofit Federal Alliance for Safe Homes (FLASH) released its latest paper, Disaster Resilience Rising Means the Time is Right, … The post Marking 10 Years Since Katrina, Consumer Agency Calls for Stiffer Building Codes…

Target Corp said it has reached an agreement with Visa Inc card issuers to reimburse up to $67 million in costs related to a data breach at the retailer in 2013, according to a source familiar with the matter. The … The post Target Agrees to Pay Visa Cardholders Almost $67M Over Data Breach appeared…

Major catastrophes frequently mean longer hours and extended periods away from home for claims staff on catastrophe duty. However, wide variations in logistical planning and catastrophe duty compensation have been revealed in a far-reaching study from Property Claim Services, a … The post PCS: Catastrophe Claims Handling Compensation Rates Vary appeared first on Claims Journal.…

Volkswagen AG and Tesla Motors Inc. are the only automakers that have avoided U.S. recalls while continuing to use Takata Corp. airbag inflators, which have triggered a global safety crisis. Takata has produced 887,055 airbag inflators for Volkswagen since January … The post Avoiding Recalls, Tesla and VW Continue Using Takata Airbags appeared first on…

Insurance claims filed by U.S. farmers for crops they couldn’t plant have jumped 48 percent this year, government data show, the latest indication of how adverse weather is curbing production of corn and other crops. Total claims so far in … The post As Weather Hampers Planting, Crop Insurance Claims Spike appeared first on Claims…

Traffic deaths are 14 percent higher through the first six months of 2015 than they were during the same period in 2014, and serious injuries are 30 percent higher, according to the National Safety Council. From January to June, nearly … The post Increase in Traffic Deaths, Serious Injuries This Year Leads to 24% Higher…

The car-swallowing hole has been fixed but not forgotten at the National Corvette Museum in Kentucky. Yellow tape now marks the boundaries of the cavity that became a sensation and put the museum on the map. And instead of a … The post Sinkhole-Wrecked Cars Rev up Tourism at Kentucky Corvette Museum appeared first on…

Adding fuel to rumors that Apple is working on designs for a car, local officials say engineers for the giant tech company recently made inquiries about a former navy base that’s been converted into a testing ground for self-driving cars … The post Apple’s Interest in California Auto Test Center Fuels Speculation appeared first on…

Nearly a year after the state’s six medical marijuana dispensaries opened, patients are changing their habits. For quick relief, they are smoking marijuana less and inhaling its vapors and therapeutic oils more, those in the industry say. Others are eating … The post Connecticut Medical Marijuana Users Find Vapor, Oils Work Better appeared first on…