Monthly Archives: <span>September 2019</span>

Car Crash Death Caused by Donkey in Road Could Cost Mississippi Woman $2 Million

A Mississippi woman whose loose donkey caused a fatal car crash has been ordered to pay more than $2 million in a wrongful death lawsuit last month. The Greenwood Commonwealth reports K.K. Henderson Kent was sued by Sandra Santos, whose …

17 Cybersecurity Products the Cyber Insurance Industry Says Are Worthwhile

Insurance broker Marsh has unveiled the inaugural class of cybersecurity products and services receiving a Cyber Catalyst designation that is part of an evaluation program its backers hope will bring greater clarity in the crowded cybersecurity marketplace. Cyber Catalyst by …

U.S. Aviation Regulator Denies Misleading Congress on 737 Max Inspectors

American aviation regulators misled Congress about a whistle-blower’s allegation that many inspectors performing safety assessments on the now-grounded Boeing Co. 737 Max airplane weren’t properly qualified to certify pilots or assess pilot training, a government watchdog agency has concluded. The …

Travelers Agents Get Aerial Property Damage Viewer to Expedite Disaster Claims

Property/casualty insurer Travelers is now providing its insurance agents and brokers with before-and-after photos of areas affected by disasters. The Travelers Catastrophe Map Viewer provides access to searchable, high-resolution aerial images that are often available within one or two days …

Insuretech Speakers Blaze Trail From Michelin Guides to Smart Phones

LAS VEGAS — People who buy gasoline generally don’t care for the product or enjoy the experience of pumping gas: They just want to drive. Chris Colborn, chief experience officer for the Lippincott creative consulting firm, opened with that analogy …

Oklahoma Approves 5% Cut in Workers’ Compensation Loss Costs for Next Year

A 5.1% percent decrease in workers’ compensation insurance loss costs in Oklahoma for 2020 has been approved by Insurance Commissioner Glen Mulready, the state insurance department announced. Loss costs are the average cost of lost wages and medical payments of …

Beach Hotels and Their Investors Welcome Insurance After the Storms

Frenchman’s Reef, the largest resort on St. Thomas, was smashed by Hurricane Irma, which breached roofs, caved in walls and felled trees across the oceanfront property. Two years later, the hotel remains closed as its owner quarrels with insurers over …

Texas Suffers 5 Deaths, Widespread Damage from Tropical Cyclone Imelda

The widespread damage brought to the Houston area by one of the wettest tropical cyclones in U.S. history came into broader view Saturday, as floodwaters receded to reveal the exhausting cleanup effort that lies ahead for many communities and homeowners. …

Insurers Join ‘Net Zero’ Climate Pledge at United Nations

Insurers and pension funds managing $2.3 trillion pledged on Monday to shift their portfolios away from carbon-heavy industries in the hope of triggering snowballing climate commitments from other big investors. German insurer Allianz, the California Public Employees’ Retirement System (CalPERS), …

For Forested Communities, It’s Fight or Flight in Face of Increasing Wildfires

Unless it’s Sunday, Kelly Loew is steering her rusty red Jeep down the same mail route in Shingletown, as she has six days a week for the last seven years. But she delivers less mail these days as California’s persistent …