Remote work arrangements are still common now that the COVID-19 pandemic has reached a near-endemic stage, and are likely to stay that way. A July 2022 analysis by the Bureau of Labor Statistics (BLS) found that a quarter of American workers are still working from home.
We have all had claims where, once we get to the end of the case, we wish we could go back to the beginning and start over. Maybe we missed that one piece of evidence that could have tied our theory of the case into a tidy little package with a nicely wrapped bow on top.
In December of 2019, The Institutes, a nonprofit insurance industry thought leadership and education organization, closed on its acquisition of Risk & Insurance.
A thunderstorm rolled through northeastern Oregon on Thursday, dumping intense hail on parts of Wallowa and Union counties. In some areas, the hail was large and heavy enough to cause property damage.
It is no secret that Florida’s residential property insurance market has experienced a tumultuous past couple of years. Within the past two years alone, a myriad of Florida’s residential property insurance carriers have stopped writing or renewing policies within the state, have cancelled existing policies, or have requested steep rate increases in order to deal with the soaring litigation costs related to roof and wind damage claims.
The attorneys handling a $1.1 billion settlement for victims in the deadly collapse of a Miami condo say the settlement fund is inundated with fraudulent victims. A court filing written by Michael Goldberg, one of the attorneys in the case, identified 458 ‘presumptively fraudulent’ claimants out of 740 claims.
The largest home and vehicle insurer in the United States, State Farm, has announced that it is expanding the insurance claim payouts options available through Digital Pay so that they can be instantly received in a policyholder’s PayPal account.
Spare a thought for Ferrari. Not its F1 team, repeatedly snatching defeat from the jaws of victory as rival Red Bull romps away with the championships, but the road car division, which is in the process of recalling nearly every car it has sold since 2005.
Two crashes involving Teslas apparently running on Autopilot are drawing scrutiny from federal regulators and point to a potential new hazard on U.S. freeways: The partially automated vehicles may not stop for motorcycles.
Claims management has always been a combination of art and science. The science part tends to be fairly easy to understand, at least at a conceptual level. After all, insurers base a great many of their decisions on statistics and probability.
When a computed tomography (CT) scanner was destroyed as a result of two fires at a storage facility, claims were presented and suits filed against the warehouse, Blocker Storage. Associated paid its limit of liability and received a release from the insured for Associated and all of the related companies.
Have you heard that old saying, ‘Absence makes the heart grow fonder’? It definitely makes my heart go pitter-patter. I absolutely love supporting leaders and solving the nuisances in the absence and disability management space. Conversely, ask any people leader, and I’m sure that you will get a mixed bag of emotions because this is a challenging area to navigate.
When the writer of Ecclesiastes reminded us long ago that "there is nothing new under the sun," he could have foreseen today’s big data and the widespread use of various statistical programs in the valuation of totaled vehicles by third-party vendors who sell their services to insurance companies.
