Two of Japan’s biggest automakers, Toyota (TM) and Honda (HMC), are recalling millions of cars over unrelated safety issues. Toyota said Tuesday it would recall 3.4 million cars, 2.9 million of which are in the United States, because of potentially defective equipment meant to protect passengers during a crash.
Which is worse: A poker player who almost always folds, or a poker player who almost never folds? Players who always fold—unless they have a royal flush or something close—will virtually never suffer a costly defeat.
The digital transformation of the insurance industry is first and foremost motivated by the demands of clients, who are always looking for the easiest way to solve claims. New technologies also can improve processes, eliminate fraud risks and collect data that can be used to personalize services.
The biggest question I ask all my clients this time of year is, what did you learn from the previous year? What went right, what went wrong, and what are you learning from both?
Two police officers were fatally shot Sunday near a home in Honolulu that appears to have been set on fire, and two women remained missing in the aftermath, authorities said. The fire quickly spread to other homes in the upscale Diamond Head neighborhood, destroying seven houses and damaging several others, Honolulu Fire Chief Manuel Neves said.
California enjoyed a comparatively mild wildfire season in 2019, but it wasn’t enough to save Bobbi Pimentel’s homeowners’ insurance policy. Pimentel and her husband, who live in a rural area 30 miles east of Redding, got the dreaded notice in late November: Horace Mann Educators Corp., which has insured their property for 13 years, wouldn’t renew their policy.
More than 26 million Americans have voluntarily submitted their DNA for analysis, but a loophole in federal law could allow some insurance companies to get the genetic information.
We focus a lot on the importance of retaining top employees. It reduces cost, increases productivity, builds trust and camaraderie—and the list goes on. However, we rarely discuss the elephant in the room: everyone eventually quits, even your best employee.
If current trends continue, the United States will have a new top vehicle insurer by 2022. For decades, State Farm has held onto the top spot among US auto insurance companies. That said, if recent trends keep up as they have been, it won’t be long before it loses its crown to a much younger rival.
Opioid addiction is powerful. An injured worker who becomes addicted to opioids is at risk of losing more than just their job; they could lose their life.
When it comes to mediation, there is no one-size-fits-all approach. Regardless of the case, though, the key to a successful mediation is preparation and communication.
Technologies in the artificial intelligence family have great potential in insurance, according to a recent SMA survey of P&C insurance executives. This should come as no surprise to anyone following the developments in machine learning, natural language processing, computer visioning, chatbots, virtual assistants and related technologies.
One person was injured in Washington, D.C. on Wednesday after a building collapsed without warning just seconds after two passerby cleared the immediate area.
A historic Kingsville home owned by a local CEO was brought to the ground Wednesday evening after a fire quickly spread throughout the house, according to the Baltimore County Fire Department.
If you are reading this on your phone, stop it. Forward head posture, dubbed “FHP,” is fast becoming a common injury in the workplace and beyond because of people’s tendency to spend hours and hours looking down at their mobile devices, causing a looking-down posture that puts a strain on the vertebrae of the spine and neck, Safety Unlimited New Service reported Thursday.
