The ‘great resignation’ is having a great impact on organizations who are also contemplating the seemingly never-ending labour shortage. And for women, the exodus seems to be even greater than it is for men.
Blockchain technology is beginning to modify insurance operations, helping the industry to overcome some of its challenges. The use of different blockchain technologies within business, including in the insurance industry, varies according to its inception.
Supply chain pressures and labour shortages mean Canada’s P&C industry and its suppliers need to focus on communications around claims service to maintain consumer trust and high service levels, insurance executives told a broker conference last week.
As the world economy and the insurance industry struggle to recover from the COVID-19 pandemic, associated lockdowns and constrained economic activity, blockchain technology has been in the news a lot.
According to Bloomberg, as of 2022, the TPLF industry is estimated to be worth approximately $39 billion worldwide. TPLFs such as Burford Capital are publicly traded, and college endowments have even taken shares in TPLFs.
Frequently, freight brokers attempt to deny subrogation claims for cargo damaged in transit on a truck by arguing that they are accorded broker status and do not have the same strict liability as a ‘Motor Carrier’ under The Carmack Amendment.
With just over 81,000 inhabitants, Lake Charles is home to just 0.02% of the U.S. population. But after an onslaught of natural disasters in the fall of 2020 and early 2021, the city’s federal court accounts for one in five federal insurance lawsuits nationwide, according to a new analysis.
As courts begin to try jury cases backlogged by the disruptions of COVID-19, we are seeing an aberration in the results awarded by juries, as well as an increase in the potential for nuclear verdicts -- any jury award that surpasses $10 million -- across numerous industries.
In late July of 2018, massive wildfires blazed across Northern California. At the same time in Colorado, weather alerts went out warning of heavy thunderstorms and baseball-sized hail. The two disasters were separated by a thousand miles, but scientists are now finding they’re connected.
Roughly half of a small Missouri town burned Saturday after a wildfire spread quickly from a farm field and destroyed or heavily damaged 23 buildings, officials said.
GEICO has agreed to pay over $19 million to nearly 227,000 policyholders to settle allegations that it did not pay them the full amount owed in total loss claims. The federal class action lawsuit was filed in 2019 and combined last year with a second suit filed in 2020.
More than two and a half years into the COVID-19 pandemic, businesses around the world have developed new and innovative ways to resume operations, even though the virus remains an ever-present threat. However, it took some time for businesses to pivot their operations in order to provide a safe atmosphere for both their customers and employees.
Great-power rivalry between the United States, China, and Russia was a hot topic at the American Property Casualty Insurance Association (APCIA) Annual Meeting in Dallas, TX, from October 2-4.
A​t least one person is dead after a pileup in foggy morning conditions on Interstate 5 in Linn County, Oregon, on Wednesday. T​he incident happened around 8 a.m. local time on a stretch of the interstate between Salem and Eugene, according to a news release from Oregon State Police.
