With limited exceptions, state and federal workers compensation programs are no-fault systems. Regardless of how reckless or ill-conceived an employee’s actions are, they are generally still going to be entitled to recovery through workers compensation under most circumstances.
Property/casualty claims is destined to transform more than any other area of the insurance business over the next decade. Many may see that as a provocative statement, especially with all the attention on distribution and underwriting.
Insurance claims from the recent spate of California wildfires, including one ranked as the most deadly and destructive in state history, have topped $9 billion and are expected to grow, the state insurance commissioner reported on Wednesday.
A 4.4-magnitude earthquake was reported in Tennessee early Wednesday, officials said. The quake hit about six miles north of Decatur around 4:15 a.m., according to the U.S. Geological Survey. as felt by residents as far away as Atlanta -- about 149 miles south of the epicenter.
How do you manage employees when they are all remote? I agree with an inspirational business leader, Marcus Lemonis. There are three things that make your company successful.
The Dearborn Police Department announced Monday that officers broke up a major retail fraud ring. They say everything from guns to liquor and even energy drinks were stolen. Dearborn police said they recovered a trove of stolen goods, including $600,000 in cash - some of which was stuffed in a Velveeta box - as part of an organized crime ring run by a 70-year-old woman.
With a plot that echoes a well-known Hollywood masterpiece, a trial began Tuesday for a Florida woman accused of helping orchestrate the death of her husband in order to secure a massive insurance payout.
Insurance claims and cleanup costs associated with California wildfires last month are expected to exceed the record-breaking amounts paid out last year after blazes ripped through the state’s wine country.
Heavy snow Sunday forced Vision Missionary Baptist Church to cancel services, which was very lucky because shortly before sundown the roof collapsed on the unoccupied sanctuary under the weight of about a foot of snow.
For the many people who have been advocating a shift in our workers’ compensation claims handling philosophy the last few years, this year’s National Workers’ Compensation and Disability Conference in Las Vegas was not a disappointment.
When we say marketing 3.0, industry 4.0 and technology 5.0, we all get used to cool names ending with zero. I think no one is surprised that insurers fell a little bit behind.
Victims of recent tornadoes that ravaged central Illinois will soon start rebuilding damaged property. The Illinois Insurance Association urges residents to be on the alert for scam artists posing as legitimate building contractors.
