A robotic insurance adjuster? Woodland Hills-based Farmers Insurance announced on Monday, Sept. 20, that the company will soon deploy ‘Spot,’ a robot, to assist with catastrophe claims and property inspections.
The insurance and reinsurance market loss from recent hurricane Nicholas is estimated to be around US $950 million, according to modelling analysis undertaken by catastrophe risk specialist Karen Clark & Company.
If there’s one title Lee Garvin wears proudly, it’s ‘crew member.’ Before stepping into the role of director of risk management at JetBlue Airways, Garvin worked as a pilot, flying on-demand charter planes, organ donor flights and scheduled air service for seven years.
When viruses shut down ski operations at Canadian Mountain Holidays and Ontario’s Blue Mountain Resort in 2015 and 2018, Lexington Insurance Co. paid the resort owners $200,000 in business interruption claims.
Liberty Global Transaction Solutions (GTS), part of Liberty Mutual Insurance, has released its 2021 M&A claims briefing, based on the company’s analysis of its own M&A insurance claims for the past decade.
Louisiana Insurance Commissioner Jim Donelon said Wednesday that policyholders who were affected by Hurricane Ida and Tropical Storm Nicholas - and who might have to weather more storms before this year’s hurricane season ends - should file claims early and be prepared to fight for them.
As cyberattacks, namely ransomware, increase nationwide, there’s one reason for the rise in attacks that we cannot ignore: The growing prevalence of cryptocurrency.
While General Motors is working with battery supplier LG even more closely than before to find a fix for the Chevy Bolt EV and Bolt EUV spontaneous combustion issue, cars are still going up in flames.
Three weather disturbances lurking in the Atlantic could spell trouble for U.S. coastal areas once the relentless rains from the remnants of Hurricane Nicholas finally pass.
The recent COVID-19 pandemic has upended nearly every aspect of life. Supply chains for everyday staples and luxury goods have been disrupted, expectedly impacting prices for all members of those chains, as well as end users.
In about two weeks, the National Flood Insurance Program (NFIP) is set to expire, and its end could leave some 500,000 homeowners in Louisiana without coverage for flood damage.
One of the primary insurers of Irving-based Boy Scouts of America announced Tuesday that it has reached a tentative settlement agreement with the organization and with attorneys representing tens of thousands of men who say they were molested decades ago by scoutmasters and others.
A recent survey by PwC found that nearly two-thirds of employees in the U.S., including executives, are looking for a new job. That number is stunning.
