Monthly Archives: <span>August 2015</span>

CoreLogic: Washington Chelan Wildfire Threatens More Than 13,000 Homes

Close to 13,121 homes with a combined reconstruction cost of more than $3 billion are at some level of risk from the Chelan Wildfire, according to CoreLogic hazard risk analysis. The homes at risk are located in the following Washington …

Survey: Execs Fall Short in Protecting Businesses Against Main Risks

A newly released survey revealed that nearly three quarters of business leaders are most concerned about potential risks associated with healthcare costs and cyber security threats to their organizations. The Graham Company, a Mid-Atlantic region’s insurance and employee benefits brokerage …

Lawsuit Filed Against 10 Automakers Over Keyless Ignitions Linked to Carbon Monoxide Deaths

Ten of the world’s biggest automakers were sued on Wednesday by consumers who claim they concealed the risks of carbon monoxide poisoning in more than 5 million vehicles equipped with keyless ignitions, leading to 13 deaths. According to the complaint …

Alberta’s August Storm Caused $100M in Insured Damage

Insurance Bureau of Canada (IBC) reports that insured damage caused by heavy rain, strong winds and a hailstorm that hit southern Alberta on August 4 and 5 caused more than $100 million in insured damage, according to preliminary figures from …

Tips to Better Manage Legal Fees

It’s important that adjusters review bills not only based on cost but also on value, says Kevin Quinley, founder and principal of Quinley Risk Associates. In the latest Claims Insights podcast, he says adjusters shouldn’t be afraid to question charges …

Baltimore Riot Damage Insurance Claims Payout at $12.9M

The Maryland Insurance Administration says insurance companies have paid $12.9 million in claims stemming from civil unrest in Baltimore linked to the death in April of Freddie Gray. The agency said Tuesday that the payments include $11.6 million for commercial …

Driverless Crash Trucks Aim to Improve Safety in Work Zones

Roving construction crews – the kind you see blacktopping a road, painting lines, inspecting a bridge or installing a traffic signal – are often protected from oncoming traffic by a specialized truck outfitted with a crash barrier. The crash trucks, …

Survey Finds Americans Sick of Recalls, Less Satisfied With Cars

Tech Startups Look to Change the Driving Experience

A veteran computer scientist hates sitting in his car at stop lights, so he creates software that makes the experience less annoying. A former engineering professor wants to double the range of today’s electric vehicles. And an aeronautics expert believes …

Education Tech Companies Get Lots of Personal Data on Students

What kid wouldn’t want to be able to create an electronic science fair poster, with photos and embedded video, using their smartphone – all on the morning bus ride on the day it’s due? Glogster EDU lets kids do that …