A survey of 500 consumers conducted by the Progressive Group of Insurance Companies reveals that the majority of participants believe usage  based insurance (UBI) is a fairer way to price insurance, versus the traditional insurance rating variables such as age, … The post Progressive Insurance Reprises Rate Suckers Ad appeared first on Claims Journal. Source:…

As insurance fraud continues to evolve more aspects of the crime involve digital technology. In the UK, where a considerable amount of policies are generated through online transactions, much can be learned about the customer through the devices used to … The post Device Reputation Aids UK Insurer in Busting Crash for Cash Scheme appeared…

Authorities say Michigan traffic deaths totaled less than 900 last year for the first time since 2011. The state’s Office of Highway Safety Planning announced Monday that there were 876 traffic deaths in 2014, down 8 percent form 951 in … The post Less Than 900 Michigan Traffic Deaths Reported in 2014 appeared first on…

Forty-five managers and employees of a mine in the western Turkish town of Soma, went on trial on Monday accused of causing the deaths of 301 miners who perished in a fire last year in Turkey’s worst mining disaster. The … The post Trial Begins Over Turkey Mine Disaster That Killed 301 appeared first on…

A Des Moines, Wash., Spanish-language interpreter faces a felony charge alleging she overbilled the state more than $5,600 for mileage and patient appointments that never happened. The Washington Attorney General’s office charged Bersabed Boling, 41, with one count of first-degree … The post Washington Interpreter Charged with Overbilling State for Fake Appointments appeared first on…

The nation’s highway safety chief says his agency will push for quick action on a regulation requiring electronic speed limiters on big rigs. It may also contact states about speed limits that are higher than commercial truck tires are designed … The post Federal Agency Wants to Cap Big Rig Speeds to Fix Tire Issue…

A $24 billion sea of red ink has millions of Americans in vulnerable flood zones, including homeowners still struggling to recover from Superstorm Sandy, facing steep increases in flood insurance premiums. New legislation that went into effect this month – … The post Millions Face Higher Flood Insurance Premiums appeared first on Claims Journal. Source:…

Imagine that you are looking to purchase a vehicle: You go to the dealership where a salesman guides you to “old reliable,” a less-than-perfect used car. He kicks the tires and assures you it runs well, noting he’s never had … The post The Legacy Dilemma in Insurance appeared first on Claims Journal. Source: Claims…

As temperatures warm there’s an increased risk for the formation of hail. Damage to homes and cars as a result of hail cost State Farm policyholders more than $2.4 billion in 2014. Hail is one of the most frequent causes … The post State Farm Ranks Top States for Hail Losses appeared first on Claims…

Several hundred times over the last decade, intruders have hopped fences, slipped past guardhouses, crashed their cars through gates or otherwise breached perimeter security at the nation’s busiest airports – sometimes even managing to climb aboard jets. One man tossed … The post Security Breaches Reveal Airport Vulnerabilities appeared first on Claims Journal. Source: Claims…