We talk all day, whether in-person or through email, text or chat. We’re inundated with conversation, rarely finding a moment of silence. Out of all of this communication, who do you think hears your voice the most?
One person has been hospitalized and three people remain unaccounted for after a building collapse in Adams County on Wednesday, according to the Adams County Sheriff’s Office.
A large explosion at a West Virginia chemical plant flung debris more than a mile away late on Tuesday night, injuring at least four people and forcing a nearby highway and some schools closed, officials said.
The auto insurance industry—and the world at large—has faced no shortage of changes and challenges in 2020. From treatment trends to legislative updates, we’ve had to manage not only a changing business climate, but also industry-altering events that are reshaping auto insurance.
Insurers are not big polluters in their own right. Nor do they typically have lots of physical assets at risk, except indirectly through investment portfolios either now or in the future when economic transition raises the possibility of stranded assets. Yet the impacts of climate on insurance operations are only too evident.
In just about any role you may fill in your business, there are a consistent handful of skills necessary to succeed. Chances are, you have a natural gift for some of them. Likely, this gift is what attracts you to any particular role in the first place.
Insurance can act as a key tool in addressing pervasive cybersecurity vulnerabilities, but, according to one report, “Cyber insurance is not yet mature enough to fulfill its potential, partly due to uncertainty about what kinds of cyber risks are, or can be, insured.”
It can happen to anyone: Someone knocks on your door and says they’re a repairman or an insurance expert and can fix damage to your home at no cost to you. They might say they can get you a new roof. Or a new kitchen.<br /><br />Your insurance company will get the bill, they’ll say, and you won’t be out a penny.<br /><br />Watch out. You’re about to be sucked into a thriving insurance scam that’s enriching a handful of law firms, threatening the financial stability of Florida’s home insurance industry and driving up annual premiums for millions of homeowners who have never filed a claim.<br /><br />A newly filed complaint against one of the state’s most notorious insurance attorneys lays out the alleged scheme.<br /><br />After you agree to accept their help, your visitor will hand you their tablet or cellphone and ask for your signature, saying it’s needed to hire their company. You’ll sign it without scrolling up.
The coronavirus pandemic has given insurance companies an unexpected opportunity to try out some fully virtual or heavily tech-driven claims processes. It has pushed traditional insurance carriers beyond the “old way” of inspecting claims and has triggered a wave of innovation in what has long been considered a slow-moving industry.
It is not unusual to have a claim asserting that an engine failure is a result of sugar contamination due to an act of vandalism. Sugar (glucose) contamination of the engine oil causes a lack of proper lubrication and engine failure.
Major League Baseball and all 30 of its teams are suing their insurance providers, citing billions of dollars in losses during the 2020 season played almost entirely without fans due to the coronavirus pandemic.
Motor vehicle crashes are often the result of an omission—a missed cue by a driver that leads to an unfortunate outcome. That is why bewildered drivers often say “I didn’t see him” when they deal with the consequences of a mistake on the road.
Drivers fidget with electronics and take both hands off the wheel more often as they develop trust in automated systems, new research from the Insurance Institute for Highway Safety and the Massachusetts Institute of Technology’s AgeLab shows.
A lawsuit has been filed by the family of a Publix deli worker alleging he died of COVID because the Florida based company prohibited employees from wearing masks during the early days of the pandemic.
Investors are increasingly asking insurers about environmental, social and corporate governance (ESG) practices and how they are being managed, Intact Financial Corporation’s senior vice president and chief financial officer, Louis Marcotte, said recently.
