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California Workers’ Comp Rating Bureau Exploring Blockchain, Behavioral Science

One wouldn’t normally associate blockchain with workers’ compensation, two completely different industries that seem worlds apart. But as it turns out, the technology is of value to at least one very important entity in the space....

Colorado Hailstorm Carries $169M Insurance Price Tag

Thousands of Fountain and Colorado Springs, Colo. area residents have spent the past week cleaning up and meeting with insurance adjusters after an unusual early morning June 13 storm pounded vehicles and roofs golf and baseball-sized hail....

Alaska Marijuana Regulators to Discuss Onsite Use

Alaska regulators are set to discuss proposed rules for allowing onsite consumption of marijuana at certain shops in August. Regulators have gone back and forth on onsite use, adopting rules in late 2015 to allow people to use marijuana at …

How Insurance Plans Contribute to Opioid Epidemic: Johns Hopkins Study

Health care insurers including Medicare, Medicaid and major private insurers have not done enough to combat the opioid epidemic, suggests a study led by researchers at Johns Hopkins Bloomberg School of Public Health. The Bloomberg School researchers...

Motorcyclist Hit by Police SUV in California to Get $12M

Officials in Oakland, Calif. have agreed to pay $12 million to a motorcyclist who lost a leg and was badly hurt when struck by a police vehicle that allegedly ran a red light. The East Bay Times reported that the …

Phillies Fan Injured by Flying Hot Dog Launched by Phanatic

It was a flying frankfurter and not a foul ball that left a baseball fan with a black eye in Philadelphia. Kathy McVay says she was at Monday night’s Phillies game when the team’s mascot, the Phillie Phanatic, rolled out …

Tropical Weather System Drenches South Texas, Flooding Reported

The entire Texas coastline has been drenched this week with heavy rains resulting in flooding in many areas with several cities reporting rainfall totals in excess of 12 inches. The Insurance Council of Texas is issuing a reminder that record...

Police Say Uber Driver Was Streaming Hulu Before Self-Driving Car Crash in Arizona

Police in Tempe, Arizona said evidence showed the “safety” driver behind the wheel of a self-driving Uber was distracted and streaming a television show on her phone right up until about the time of a fatal accident in March, deeming...

Most Global Organizations Fail to Learn from Cyber Mistakes: WTW Survey

A majority of executives around the world feel their organizations can do better when it comes to learning from their past cyber mistakes, according to the results of a global survey conducted by The Economist Intelligence Unit (EIU) and Willis...

Federal Judge Rules Against Consumer Financial Bureau Structure

A federal judge in New York ruled on Thursday that the structure of the U.S. Consumer Financial Protection Bureau is unconstitutional, forbidding the agency from suing a company that advances money to people awaiting settlement payouts. The...