Insurance Claims News (Page 111)

FTC’s Nationwide Ban on Noncompetes Set to Spur Business and Innovation

The FTC’s new rule banning noncompete agreements promises to foster innovation, boost worker mobility, and generate significant economic benefits.

April 25, 2024 Insurance Industry Legislation & Regulation Risk Management Technology

Water Intrusion Takes Center Stage in Construction Litigation

Water intrusion is increasingly cited in construction-defect litigation, spotlighting the need for precise diagnostics and robust building practices.

April 25, 2024 Litigation Property Technology Florida

2024: The Transformative Year for Digital Health and Wellness

In 2024, healthcare experienced a digital transformation, with a sharp increase in telehealth use and wellness technologies reshaping patient care.

April 25, 2024 Life & Health Technology Workers' Compensation

2024 Coalition Cyber Claims Report Reveals Key Cybersecurity Insights and Trends

The latest Coalition Cyber Claims Report highlights significant trends in cybercrime, emphasizing the importance of robust cyber defenses.

April 24, 2024 Fraud Insurance Industry Risk Management Technology

West Virginia Supreme Court Ruling Changes Workers’ Compensation Disability Determinations

A recent ruling by the West Virginia Supreme Court mandates that preexisting conditions should not reduce disability awards unless total permanent disability is involved.

April 24, 2024 Legislation & Regulation Litigation Risk Management Workers' Compensation West Virginia

Globe Life Addresses DOJ Investigation and Rejects Fraud Allegations Amidst Stock Plunge

Globe Life has confirmed it is cooperating with a DOJ probe into sales practices while strongly denying fraud allegations by short-seller Fuzzy Panda Research.

April 24, 2024 Fraud Insurance Industry Life & Health Litigation Pennsylvania Texas

Underinsured Motorist Rates Remain High Across the US

Nearly 16% of U.S. drivers in 2022 were underinsured, unable to fully cover damages or injuries caused in accidents, highlighting a significant insurance gap.

April 24, 2024 Auto Liability Colorado District Of Columbia Georgia Kentucky Louisiana

AI Enhances Insurance Contact Centers Amid Rising Claims

As natural disasters increase insurance claims, AI is crucial in enhancing agent capabilities and reducing workloads in contact centers.

April 24, 2024 Auto Insurance Industry Property Technology

Former Military Financial Counselor Admits to Defrauding Bereaved Military Families

A former financial counselor for the army has pled guilty to a scheme defrauding families of fallen soldiers, impacting life insurance payouts.

April 23, 2024 Fraud Insurance Industry Legislation & Regulation Life & Health New Jersey

Japanese Healthcare Professionals Sue Google Over Damaging Reviews on Maps App

A group of Japanese healthcare providers has filed a lawsuit against Google, seeking damages for negative reviews on Google Maps, alleging significant business harm.

April 23, 2024 Insurance Industry Litigation Risk Management Technology

Pandemic Disruption Forces Reevaluation of Mortality Models, LCP Report Finds

The new LCP report reveals pandemic’s lasting impact on mortality models, stressing need for revised actuarial approaches.

April 23, 2024 Insurance Industry Life & Health Risk Management Technology

WFP’s 2023 Annual Report on Climate Risk Insurance Highlights Expansive Global Impact

In 2023, the World Food Programme (WFP) provided climate risk insurance to over 5 million people, surpassing its 2025 goals and reinforcing resilience against extreme weather events.

April 23, 2024 Catastrophe Insurance Industry Risk Management