Risk management is integral to insurance, but it’s traditionally been an inexact science. Thanks to recent technological advances, however, risk management is about to get a long overdue upgrade.
A Los Angeles commuter train crashed into a vehicle on the tracks during the early morning rush hour on Friday, engulfing both in flames, but the accident caused no injuries among the passengers, according to officials and media reports.
A trial judge’s decision to slam an insurance carrier with a $21 million bad-faith award was an assault on the industry and the state Superior Court was well within reason to toss the verdict, an attorney representing Nationwide argued before the Pennsylvania Supreme Court in the closely watched case, Berg v. Nationwide.
There is a direct correlation between employee engagement and empowerment. Employees who feel empowered have a higher level of job satisfaction, which leads to better results and outcomes than those who do not feel empowered.
There is much discussion in the workers’ compensation industry about injured workers reaching MMI. MMI, of course, for those of you who are new to the industry or who just stumbled across this blog while searching for free porn, is “Maximum Medical Improvement.”
More than 97,000 pounds of salad products were recalled due to a possible E. coli contamination in the lettuce, the U.S. Department of Agriculture (USDA) announced Tuesday.
It’s time to settle the most onerous bodily injury case in your inventory. The medicals have been evaluated, and you’ve scheduled a time this week to open the negotiations with the claimant attorney.
Arrests have been made and additional suspects have been identified in a large scrap metal theft ring accused of causing hundreds of thousands of dollars worth of damage in Montgomery County, according to investigators.
A recent report by the advisory board of the U.S. Federal Emergency Management Agency (FEMA) recommends using blockchain to expedite insurance payouts in the event of a disaster.
Cargo theft across the U.S. increased in the third quarter, with thieves targeting high-value items and making off with an average value of $155,709 per incident, according to the Beverly, Mass.-based supply chain visibility provider Sensitech Inc.
At least 60 percent of U.S. Superfund sites are in areas vulnerable to flooding or other worsening disasters of climate change, and the Trump administration’s reluctance to directly acknowledge global warming is deterring efforts to safeguard them, a congressional watchdog agency says.
Spokane Police say a man was arrested for possessing a stolen car last week -- while he was already awaiting trial for the same crime. It’s definitely not the first time Daniel Wessels has had a run-in with the cops.
Two former officials of a Florida city are charged with conspiring with two businesses to bilk the federal government out of $5 million in Hurricane Michael cleanup money, the U.S. attorney’s office announced Tuesday.
Given the rise of corporate reputations blowing up in personnel scandals, and the speed with which losses can be accelerated by social media, do insurance carriers need to take a deeper look at workplace culture and risk?
