Jury selection is scheduled to begin Monday in the case of a politically connected Buckingham woman accused nearly four years ago of a $20 million insurance fraud scheme involving a fire that heavily damaged her family’s million-dollar Stony Hill Road mansion.
Thousands of Sonoma County families would see their claims against PG&E delayed — and possibly reduced — if the San Francisco utility carries through with its plan announced Monday to file for bankruptcy protection as a result of $30 billion in liability for wildfire damages in recent years.
A record $10.3 billion in claims was paid last year by the nation’s long-term care insurance companies, according to the American Association for Long-Term Care Insurance.
The commercial transportation industry in North America is “barely keeping up with the loss trends,” according to a casualty underwriter at Swiss Re. The market is under “significant pressure” following a 5-10-year period where the frequency and severity of losses shot up and insurance rates lagged behind.
ACORD has partnered with L&T Infotech to develop digital standards for insurers. The goal of the new standards and reference architectures is to enable more microservices-powered communication protocols, helping insurance companies quickly deploy the transformative initiatives craved by carriers across lines of business.
Unique uses of technology as evidence, which is a growing part of court cases, has earned a local prosecutor national recognition for convictions in two notable area cases.
Bay County’s Hurricane Michael insurance claims have risen in recent weeks, helping push total losses to more than $4.8 billion in Florida, according to the latest state Office of Insurance Regulation report.
We kick off 2019 by discussing 20 issues the workers’ compensation community should be monitoring. Our list includes both employee benefits and workers’ compensation issues, as these two areas inevitably overlap. Later in the year, several of these topics will be developed into individual “Out Front Ideas with Kimberly and Mark” webinars.
A Vero Beach man was charged with insurance fraud after deputies said he filed a fraudulent worker’s compensation claim worth more than $100,000 following a crash in June.
State Farm will continue to use drones in its insurance operations. The insurer was granted a first-of-its-kind national waiver by the Federal Aviation Administration that will allow drone operations over people and flights beyond a pilot’s visual line of sight through November 2022.
Toyota is recalling 1.7 million vehicles in North America to replace potentially deadly Takata front passenger air bag inflators. The move announced Wednesday includes 1.3 million vehicles in the U.S. and is part of the largest series of automotive recalls in the nation’s history.
I am supposed to be at CES in Las Vegas this week. Colloquially known as the “Consumer Electronics Show,” CES is the largest technology exposition and conference in the world. Last year 189,000 people swarmed sessions and exhibits in 11 Las Vegas locations to catch a glimpse of the technology that will change our lives in the near future.
