Natural disasters seem to be occurring more frequently in recent years and create a backlog for property and casualty insurers who want to ensure policyholders recover and stay ahead of the next event. Insurers are increasing their reliance on technology both pre- and post-catastrophe to support their policyholders.
Several insurance companies have filed lawsuits blaming Pacific Gas & Electric Co. for a deadly California wildfire that destroyed 14,000 homes and triggered billions of dollars in insurance claims.
The lawsuits filed by Allstate, State Farm, USAA and their subsidiaries come on top of several other cases filed by victims of the Camp Fire, which devastated the towns of Paradise, Magalia and Concow north of Sacramento after it started Nov. 8.
A growing trend in the insurance industry is that companies hesitant to insure a property that is vulnerable to environmental issues have started to offer incentives to policyholders who take steps ahead of time to address the risks, based on where the property is located. This attention to environmental sustainability and resilience saves both policyholders and insurance companies significant money in the long term and should become a best practice in the industry.
(TNS) — Los Angeles has unveiled its long-anticipated earthquake early warning app for Android and Apple smartphones, which is now available for download.
ShakeAlertLA, an app created under the oversight of Mayor Eric Garcetti and the city, is designed to work with the U.S. Geological Survey’s earthquake early warning system, which has been under development for years. It’s designed to give users seconds — perhaps even tens of seconds — before shaking from a distant earthquake arrives at a user’s location.
As we inch closer to 2020, inquiring minds want to know … what’s next?
What new tech devices and features can we expect to cause "disruption" as we move into 2019?
Do you remember that positive feeling when you powered up your first smartphone? Or how about the excitement felt when you started using a virtual home assistant, like Alexa, that controlled things with voice commands?
Perhaps you felt those same positive emotions this holiday season, with cool new tech toys under your Christmas tree. Or, maybe you have been disappointed with tech advances in 2018 and are waiting for something different to surface.
If you’re ringing in the new year in Utah, you may want to be extra careful about how much you drink. The state will soon be enforcing the most-stringent anti-drunk driving law in the U.S.
On Dec. 30, a new state law will limit drivers’ blood alcohol content (BAC) to .05 grams of alcohol for every 100 milliliters of blood. That means that a 160-pound man who consumes two drinks in an hour, or a 100-pound woman who just has one, would reach that limit. The consequences for getting caught while driving under the influence (DUI) won’t change—drivers can have their licenses suspended, be slapped with fines of more than $1,000, or go to jail.
Enactment of this law, the most conservative in the country, is not the first time Utah has been a trailblazer. In 1983, it became the first state to lower the BAC limit from 1.0 to 0.08. Over the next 20 years, every other state would follow suit. There’s little dispute that this was a good move—in that time, traffic deaths related to alcohol dropped by 10 percent, as NPR reports. There’s a chance, then, that Utah could be setting the US standard yet again.
A Northern California utility says it has restored power interrupted by a wildfire six weeks ago to all customers able to receive it.
Pacific Gas & Electric said this week the last of about 10,000 residents of Paradise and the surrounding area that lost electricity on Nov. 8 had their power restored by Sunday night. The San Francisco-based utility said it still working to restore natural gas service to many customers.
(TNS) — During severe winter storms, Cold Springs Creek above Montecito turns into a torrent of mud, uprooted trees and shed-size boulders as it drains three square miles of sheer mountain front.
The only thing protecting the people, homes and businesses below is a low dam that the Army Corps of Engineers built in 1964 at the mouth of the creek's canyon, forming a basin between the steep banks to catch the crashing debris.
Over the decades, the basin filled up with sediment and grew thick with brush and trees.
The California Department of Motor Vehicles this week issued a reminder of new laws or changes to existing laws going into effect Jan 1, 2019 that motorist and auto insurance professionals should be aware of.
The new laws or changes are:
(TNS) — More than any other Northern California community, Chico has opened its arms to Camp Fire survivors from nearby Paradise.
An estimated 10,000 to 20,000 evacuees have crowded into Chico following the deadliest wildfire in California history, swelling the population by at least 10 percent in a city that was already laboring under a housing shortage. Survivors are taking relatives' spare bedrooms and sleeping in campers in friends' backyards, while their children now attend school in Chico's churches and community centers — and even in a vacant spot in the city's main shopping mall.