Theres a lot of talk right now about how big data is going to change insurance. Artificial intelligence and prescriptive analytics are definitely coming, and they will definitely change the insurance industry.
The National Highway Transportation Safety Administration (NHTSA) has launched a “preliminary evaluation” of approximately 1 million Dodge Ram pickups and Dodge Durango SUVs following 43 complaints alleging roll-aways when the vehicles are in the parked position.
The Food and Drug Administration announced a series of related recalls of products, including waffle mix, kettle chips and macaroni and cheese, because of possible salmonella contamination.
The U.S. Transportation Department on Tuesday proposed requiring all new cars and trucks to be able to "talk" to one another using short-range wireless technology to potentially avoid tens of thousands of crashes annually.
The U.S. Supreme Court let stand the National Football Leagues $765 million concussion settlement, turning away contentions by former players that the accord wont adequately compensate them for the brain damage they may have suffered.
The trucking industry scored a victory this week when Republican lawmakers effectively blocked Obama administration safety rules aimed at keeping tired truckers off the highway. But theres more coming down the road.
Hyundai is recalling more than 41,000 older minivans because the hoods can fly open while theyre being driven. The recall covers the Entourage minivan from the 2007 and 2008 model years.
If youre planning on waking up early later this month to get a jump on your holiday road trips, make sure you hit the hay equally early the night before.
Technology is a valued ally of insurers in combatting insurance fraud. And for good reason this crime is growing. These are two findings of the Coalitions newest study of how insurers use tech to combat billions of dollars in fraud each year.
Weve all heard it: texting and driving is dangerous. In the United States, more than eight people are killed every day in motor vehicle accidents that involve distracted driving, according to the Center for Disease Control (CDC).
What makes a claims organization successful? They tend to measure their performance using outcomes-based metrics, employ claim decision support tools such as workflow automation and predictive modeling, and use an “advocacy-based” claims model that puts employees needs first.
Federal safety regulators are hoping the fourth time is the charm for millions of recalled dehumidifiers that have now been linked to 450 fires and more than $19 million in property damage: Gree Electric Appliances the manufacturer fined a record $15.45 million over the fiery dehumidifiers earlier this year has re-announced the recall.
Federal and state regulators in Alaska say theyre working to stem what has been a growing number of tanker-truck accidents in recent years -- including three big rollovers since September that dumped thousands of gallons of diesel fuel into woods and wetlands.