Insurance claims could top the thousands after a hail storm ripped through Billings last weekend, and left a path of destruction. A whole fleet of rental vehicles at the airport was damaged with busted windows, windshield damages and broken side mirrors.
More often than not, a loss adjuster is one of the first people a claimant will meet following a highly traumatic and emotional experience. Whether that’s a house fire, flood, or where they’re being sued for personal injury, it’s the loss adjuster’s job to gather evidence, expert opinions and witness statements, before finally negotiating settlement of the insurance claim.
It is critical that claims administrators and treating physicians obtain an accurate history of illegal substance use and abuse from an injured worker. This history is important when there is a physical injury for purposes of appropriately prescribing an opioid pain medication.
The head of FEMA’s National Flood Insurance Program has announced major reforms in the wake of accusations of fraud and delays in the insurance review process.
A bar in Columbia’s Vista is being accused in a lawsuit of serving so much alcohol to a patron that he became “grossly intoxicated” and crashed his motorcycle, causing the death of a friend.
At a research facility in South Carolina, scientists and researchers harness the destructive forces of hurricanes and bend them to their will. "We’re actually creating hurricanes around structures very much like Mother Nature would do," Julie Rochman said.
Police say a 21-month-old girl is dead and the child’s mother has been injured in Daytona Beach after being struck by an elderly driver recently reported as missing and endangered.
Toyota Motor Corp. is recalling nearly 1.6 million vehicles in the U.S. to replace potentially faulty front passenger air bag inflators made by Takata Corp. of Japan. The action expands what was already the biggest automotive recall in U.S. history.
A skydiving plane crashed moments after takeoff from Port Allen Airport on Monday, killing all five people on board. Witnesses said the Skydive Kauai plane appeared to be having engine trouble when it burst into flames in the air, and then crashed just outside the airport’s fence line.
Insurance industry officials are concerned that a new Department of Labor rule relating to overtime will have negative consequences for employers. The rule, which was issued last Tuesday and will take effect in December, raises the salary threshold below which most salaried workers are entitled overtime to $913 per week, or $47,476 annually for full-time workers.
The Federal Reserve is going to be issuing a new requirements structure for firms labeled “too big to fail”. The Federal Reserve has now announced that a two-tier insurance company standards system will soon be created in addition to special liquidity requirements that will be meant for providers that have been called “too big to fail.”
In a world with self-driving cars, Google envisions the inevitable: accidents involving pedestrians. But the firm is exploring an unusual solution. Think flypaper.
Since the first cars were sold, there have been crashes. And while the insurance claims industry has made enormous advances over the years, the fundamental process of handling a claim has been largely the same for decades ― at least during my time in this industry, which spans nearly 30 years, and includes research and work in claims and the application of “black box” information in the evaluation of liability and injury causation.
A 7-year-old boy was getting ready for bed Saturday night at his Costa Mesa home when he smelled smoke. Then he saw fire in the garage and ran to tell his dad, who had already fallen asleep watching television.
A Calumet employee died Friday after being injured at the company’s Shreveport refinery, according to a statement released Friday afternoon. The employee’s name has not been released to the public.
