According to the company’s latest data, there were approximately 14,500 claims related to catalytic converter thefts during this period, marking a significant drop from the 23,570 claims made in the same period last year.
  October 27   Insurance Business Auto Insurance Industry Legislation & Regulation Risk Management

Americans are turning to digital channels for some home and auto insurance needs, but other areas have proven more complicated.
  October 27   Bain & Company Auto Insurance Industry Liability Property Technology

The National Weather Service called it ‘super fog’ — a combination of thick smoke from fires in marshy wetlands of south Louisiana and the fog that often hangs thick in the air on cool, windless mornings.
  October 27   Claims Journal Catastrophe Liability Louisiana

A recent study by cybersecurity consultancy Gemserv warns that the ever-evolving world of artificial intelligence poses new challenges for companies.
  October 26   Insurance Business Risk Management Technology

An auto parts shortage combined with longer cycle times for repairs has contributed to repairs taking an average of about 23 days in 2023, up an average of a little more than 6 days from 2022.
  October 26   Insurance Journal Auto Insurance Industry Technology

Kentucky’s Insurance Commissioner has approved a 6.4% decrease in average workers’ compensation loss costs for the state, making it the 18th consecutive drop in costs for most Kentucky employers.
  October 26   Insurance Journal Legislation & Regulation Workers' Compensation Florida Kentucky

A federal jury found Baylor University negligent in a Title IX lawsuit and awarded $270,000 to a former student who alleged she was physically abused.
  October 26   Insurance Journal Education & Training Litigation Texas

How has the workers’ compensation industry evolved over the past decade? The Rising Medical Workers’ Compensation Benchmarking Study answers this question.
  October 26   Risk & Insurance Education & Training Technology Workers' Compensation

Telematics is revolutionizing the management of commercial fleets, driving enhanced safety, efficiency, and regulatory compliance among North American firms.
  October 25   Insurance Business Auto Risk Management Technology

Zurich American Insurance Co. may pursue a subrogation lawsuit against a subcontractor that it says forced it to pay a nearly $3 million builder’s risk claim.
  October 25   Claims Journal Legislation & Regulation Litigation Property Subrogation Workers' Compensation Illinois

MIT professor, Priya Donti, elucidates the significant role of AI in addressing climate change, while also acknowledging the associated challenges.
  October 25   MIT Sloan School of Management Education & Training Technology

Michigan’s Legislature moves to rectify the 2019 no-fault auto insurance overhaul’s unintended consequences, aiming to balance medical providers’ reimbursement rates and insurance cost for drivers.
  October 25   Claims Pages Staff Auto Legislation & Regulation Michigan

The insurance industry’s shift from assessing and pricing risks to predicting and preventing losses – thereby improving insurance availability and affordability – is well underway.
  October 25   Insurance Information Institute Insurance Industry Risk Management Technology

Reinsurance News recently spoke to Joss Matthewman, Senior Director, Product Management & Strategy, RMS, about what he believes the re/insurance industry needs to do to try and combat the effects of climate change.
  October 24   Reinsurance News Catastrophe Insurance Industry Risk Management Technology

Discover how a one-time reputable claims adjuster’s illicit actions led to a steep fall from grace, shedding light on the critical role of integrity in the claims industry.
  October 24   Claims Journal Fraud Insurance Industry South Carolina West Virginia

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