The Treasury Department is growing increasingly concerned that climate change is making property insurance scarce in disaster-prone areas and is looking at launching the first nationwide assessment of insurers’ financial exposure to climate risk.
Are you a lifelong learner looking for a claims professional designation? Do you need professional development engagement? Are you ready to take the next step in your claims career?
A confirmed tornado, given a preliminary rating of EF2 on the Enhanced Fujita Scale, ripped through southwestern Ohio on Wednesday as severe thunderstorms rumbled through the region.
A federal appeals court affirmed a lower court ruling in a Chubb Ltd. unit’s favor on Tuesday in litigation filed by Admiral Insurance Co. over settlement of a construction claim.
Ford has recalled 63,294 model year 2022 Broncos and Rangers for risk of windshield detachment in a crash. The affected vehicles that were produced between December 2021 and April 2022 ‘may have inadequate front windshield adhesion to the vehicle body structure,’ according to the recall notice.
Hackers claim to have obtained a trove of data on 1 billion Chinese from a Shanghai police database in a leak that, if confirmed, could be one of the largest data breaches in history.
I’ve spent my entire career trying to develop and improve catastrophe and weather-related models and analytics. So, from a personal perspective, if there’s one thought among many others that I would like to get across, it’s a sense of the opportunity to enhance decisions linked to climate risk mitigation and resilience if we use our ever-improving scientific understanding and modeling capabilities wisely.<br /><br />And I think there’s one thing that holds an important key to unlock that opportunity – openness. When I talk about openness, I don’t mean a willingness from governments and others to set out and stick to commitments to reduce emissions – although that would be rather helpful, of course. I’m referring to two things, actually.
Why travel somewhere when you can just pop on a virtual reality headset and be immersed in that world instead? That is the promise of the so-called ‘metaverse.’
New South Carolina grand jury indictments have been filed against controversial insurance fraud attorney Alex Murdaugh and his alleged accomplice Curtis Eddie Smith. Murdaugh, 54, is currently in jail on a $7 million bond following more than 70 criminal charges including embezzlement, breach of trust, fraudulent intent, money laundering, computer crimes, and forgery.
Elon Musk has a habit of using Twitter and interviews to make big statements. For instance, Musk told Jack Dorsey via tweet that AGI-artificial general intelligence, or AI with the power and flexibility of human intelligence--would most likely be here by 2029. And when Elon talks, people listen. But should they?
An explosion leveled at least one home and damaged several others early Wednesday in Victorville. The explosion was reported just before 3 a.m. in the 14900 block of Adalane Court in Victorville. One house was completely leveled by the explosion, which also sparked a fire at the home next door and damaged several homes across the street.
In the insurance context, the concurrent cause doctrine provides that there is insurance coverage available when a covered (non-excluded) cause is a substantial factor in producing a loss, even though an excluded cause may have contributed in some form to the ultimate result.
Military veterans suing Maplewood-based 3M claim the company’s Combat Arms earplugs were defective, causing hearing loss and tinnitus. 3M maintains the products were safe.
