Climate risks are directly connected to supply chain risks that should be identified and mitigated as extreme weather events continue to become more severe and intense and cause rising business interruption losses, experts say.
Launched only 14 days ago, the new CRU VUE Roof Image Program is currently running 8 separate two-person teams across Ontario and will be adding another 4 teams in the coming week. Since initial roll-out, CRU VUE has already processed over 1000 claims providing high definition imagery without climbing roofs.
Telematics, which records data on vehicle behavior, is used now mainly for underwriting, but the technology can also provide a treasure trove of information for claims adjusters, one vendor suggests.
Several homeowners in southern Colorado woke up Wednesday to extensive hail damage. Based on statistics from the National Weather Service (NWS), it was the strongest overnight hail storm in El Paso County in more than 20 years.
Two of America’s most popular SUVs performed badly in a crash test designed to show how well front-seat passengers are protected in a violent collision.
Police believe a medical issue caused the driver of a truck to jump a curb Friday and crash into patrons outside a Starbucks in Millcreek, killing a woman and injuring several others.
Authorities are offering a $5,000 reward to anyone who has information about a mysterious Ohio home explosion, which killed one and critically injured another.
Water damage from pipe faults was the second-leading cause of homeowners’ insurance claims in 2016, according to the Insurance Information Institute -- and thanks to digital disruption of the industry, it’s also one of the easiest areas to begin to reduce that burden on carriers.
Getting injured on the job is a traumatic experience for all involved. Maybe the worker fell off a roof while on the jobsite. Maybe some building materials fell on them from above. Or maybe they got into an automobile accident during the course of their normal workday.
Aon has launched the latest edition of its monthly Global Catastrophe Report for the month of May, which found that the US suffered considerable disaster-related losses despite a “quieter” start to the tornado season.
Boards need to reappraise their approaches to risk management to take full advantage of the opportunities presented by the so-called Fourth Industrial Revolution, according to a new report for Airmic prepared by the CASS Business School.
Confirmed tornadoes damaged homes in the Champaign area on Sunday. The National Weather Service confirmed two weak tornadoes touched down after 2 p.m. that afternoon. They damaged roofs and siding on several homes in the area.
Hurricane Bud, now swirling off the west coast of Mexico as a Category 3 storm, is forecast to bring heavy rain to Mexico and possibly the Southwest U.S. over the next few days.
