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Game Of Thrones May Have Something To Teach Us About Risk Management

Each episode of HBO’s “Game of Thrones” opens with warnings of graphic adult material, violence, sexual content and nudity. If these items are not sufficient encouragement to view the full eight seasons, the 73 episodes also offer lessons about risk.
January 10, 2020 Education & Training Risk Management

’19 Hurricane Season: Dodging A Bullet

The six-month 2019 North American hurricane season is officially in the books, and it was an active one in terms of named storm counts, with the majority of activity coming in the typical mid-August and mid-October periods.
January 10, 2020 Catastrophe Education & Training

Are You Ready To Fail In 2020?

As you begin the new year, my wish is that you will be ready to fail in pursuit of your innovation vision. That’s right: Be ready to fail. And then accept and learn from your failures.
January 9, 2020 Education & Training

A Most Memorable Claim: CLM’s ADR Committee Highlights The Importance Of Making Human Connections

Why is it when we talk about alternative dispute resolution, we often forget the human connections at play? A successful claims resolution involves building rapport and trust with the claimant to get the case resolved, yet we seem to focus more on the end result.
January 7, 2020 Education & Training

What Is Social Inflation, And Why Is It Hurting Insurance?

Social inflation is one of the latest buzzwords in insurance. It is used by insurers to describe the rising costs of insurance claims resulting from things like increasing litigation, broader definitions of liability, more plaintiff-friendly legal decisions, and larger compensatory jury awards.
January 3, 2020 Education & Training

Beat The Waiting Game: Tips For Getting Stalled Claims Moving Again

“Well? We’re waiting!” goes the infamous line groaned by Judge Smails to Ty Webb in “Caddyshack” while he waits to find out how much money his golf bet is going to cost him. Many insurance clients utter this same frustrated groan to claims professionals handling their stalled loss payouts.
January 3, 2020 Education & Training

Automation Lets Compassion Scale

The modern workers’ compensation system was devised to provide a guarantee of care and medical treatment to injured workers from their employers.
December 30, 2019 Education & Training Technology Workers' Compensation

Deck The Halls With Vows Of Safety

For many, the holiday season is the greatest time of the year. But it can quickly become the worst time if policyholders aren’t conscious of the potential dangers that may be lurking in some of their holiday gifts and traditions.
December 30, 2019 Education & Training

Idaho Joins Minority Of States Recognizing Third-Party Independent Tort Of Spoliation

“Spoliation” of evidence occurs when someone with an obligation to preserve evidence with regard to a legal claim neglects to do so or intentionally fails to do so. Such a failure to preserve evidence can take place by destruction of the evidence, damage to the evidence, or loss the evidence.
December 23, 2019 Education & Training Liability Litigation

8 Steps To Beat All 8 CPCU Exams

Now that we got you excited and you’re ready to start CPCU today, here’s some guidance on how to actually get it done and survive the tests. This article is lovingly dedicated to “those poor souls studying for the CPCU designation”.
December 19, 2019 Education & Training

Remote Work: A Win-Win Situation For The Insurance Industry

By far, the number-one career question I get from experienced insurance professionals is, “How do I find a remote opportunity?” With insurance unemployment hovering between 1% and 2% for the last couple of years and expected to stay there for the foreseeable future, it’s clearly an employee’s market.
December 19, 2019 Education & Training

In The Deep South, ‘Tornado Season’ Runs All Year

At least three are dead following an outbreak of more than two dozen tornadoes — some rated EF3 strength — that battered parts of the Deep South on Monday. In addition to the damage, the storms left many scratching their heads, wondering whether tornadoes in December are unusual.
December 19, 2019 Education & Training Property Alabama Louisiana Mississippi

Talent Competition To Figure Strongly In Insurance Next Year

"Winning the war for talent" is a shared objective for both life and non-life insurers next year, according to EY’s 2020 Insurance Outlook.
December 17, 2019 Education & Training Liability Life & Health Property

Digital Strategy: Practical Uses Of RPA For Insurance

In the fast-moving world of insurtech, new technologies such as robotic process automation (RPA), intelligent automation, artificial intelligence (AI) and machine learning are making it easy for insurers to dream about transforming processes.
December 17, 2019 Education & Training Technology

Why Insurance Policy Language Matters

Nonlawyers often roll their eyes when they hear lawyers obsessing about minutiae, such as the placement of a comma or the difference between "the" and "an." When it comes to interpreting an insurance policy, however, language matters.
December 13, 2019 Education & Training Litigation
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