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

Automakers Seeking Profitable Autonomous Safety Features – Aptiv CEO

DETROIT — With fully self-driving cars many years from mass market adoption because of the high cost and complexity of the technology, auto supplier Aptiv Plc is seeing soaring demand from automakers for more basic semi-automated driving features, the company’s …

Massive Mining Waste Dams Could Pose Deadly Risks, Say Investors

LONDON — A global inquiry into how mining companies store billions of tons of waste in huge dams, launched after a collapse in Brazil killed hundreds, shows about a tenth of the structures have had stability issues, investors said on …

The Market for Bulletproof Vehicles Is Skyrocketing

The 2020 Range Rover Sentinel, which debuted in March, contains more than a ton of ballistic steel plate and armored glass inside its body. It can withstand a pipe bomb exploding from point-blank range and can weather rounds of bullets …

Los Angeles and San Francisco Don’t Lose Power Even When Their Suburbs Do

Swaths of Southern California are being plunged into darkness on purpose to prevent power lines from sparking fires during the state’s latest windstorm. But the lights are staying on in Los Angeles. Just like San Francisco, L.A. has avoided the …

Business News: Crawford & Co., One Inc., Carpe Data

Frontline Picks Crawford & Co. for Catastrophes Frontline Insurance has named Crawford & Co. as its exclusive provider for catastrophe claims, the Atlanta-based third-party administrator said in a press release. Frontline serves residential and commercial property owners in Florida, Alabama, …

Chemical Leak Set Off Fire that Shut Houston Shipping Channel

HOUSTON — The U.S. Chemical Safety Board said on Wednesday a fuel leak, possibly due to open valves and a running pump, set off a massive blaze at a Mitsui & Co Ltd petrochemical storage operation along the Houston Ship …

Paying Overhead and Profit in First-Party Claims

Standard homeowner policies pay personal property claims at actual cash value (ACV), which is the replacement cost (RC) of the damaged property based on its current used condition. In other words, it is valued at what it would cost to …

New Appointments: Beazley, Thomas Miller, Ascot and Crawford & Co.

Beazley Names Successor after Hobkinson Retires Beazley Group announced that its head of third-party complex claims, Beth Diamond, will succeed Anthony Hobkinson as group head of claims following Hobkinson’s retirement in February. Diamond joined Beazley as claims team leader in …

Carmakers and Repair Shops Clash as Automation Upends Aftermarket

The rapid rise of crash-avoidance technology has set carmakers and repair shops on course for a collision that could determine who controls the $800 billion auto aftermarket in the digital age. Given the unprecedented sophistication of the systems, which include …

Georgia Plant Agrees to Close in Fight Over Gas Emissions

ATLANTA — Georgia officials reached an agreement Monday to temporarily shut down a medical sterilization facility that uses a gas that studies have linked to an increased risk of cancer. A Newton County judge signed off on a deal between …