More wildfires are impacting homes, businesses, and communities every year, and their impacts go well beyond the area of direct exposure to the fire and burning. Smoke and wildfire residues can travel long distances and settle on surfaces or infiltrate building structures, potentially causing damages and impacting human health.

Insurance is the business of assessing risks and pricing policies to match. As no two people are entirely alike, that means treating different people differently. But how to segment people without discriminating unfairly?

California and the rest of the western U.S. face a billion-dollar-a-year risk in flood damages from so-called “atmospheric rivers”, the huge plumes of moisture that periodically surge ashore from the sub-tropics, according to a study published Wednesday by UC San Diego.

The insurance industry is continuing to face a candidate-driven labor market. The overall U.S. unemployment rate reached a near half-century low this year, holding steady at around 3.7 percent. Unemployment in the insurance industry is virtually nonexistent, at 1.6 percent in July.

Companies have increasingly turned to the cloud for their email solution. Cybercriminals or attackers have watched this trend and are finding ways to access email hosted in the cloud, which is known in the security community as a Business Email Compromise (BEC).

There is a direct correlation between employee engagement and empowerment. Employees who feel empowered have a higher level of job satisfaction, which leads to better results and outcomes than those who do not feel empowered.

It’s time to settle the most onerous bodily injury case in your inventory. The medicals have been evaluated, and you’ve scheduled a time this week to open the negotiations with the claimant attorney.

Given the rise of corporate reputations blowing up in personnel scandals, and the speed with which losses can be accelerated by social media, do insurance carriers need to take a deeper look at workplace culture and risk?

The benefits of advanced claims intake for commercial insurance can seem obscure, cloaked in a mix of digital hype and theory. It’s not surprising that until recently it’s been hard to win buy-in from business leaders to move toward optimizing claims intake.

From the steam-powered factories of the first industrial revolution, to mass production in the second, to the rise of digitization in the third, every advance builds upon the last. Today, something entirely new is happening.

There’s keen focus in the insurance industry about overhauling obsolete IT infrastructure to support innovation, along with the resulting costs and benefits. Yet few people talk about the benefits of top industry talent in the same quantified manner.

We have a need to classify stuff—including all living things. For example, the scientific approach to an orderly classification of plants and animals according to their presumed natural relationships is called taxonomy.

In 2018, a fire ripped through the town of Paradise, California, killing 85 people. It was the deadliest and most destructive wildfire in the state’s history.
Liabilities from wildfires started by its powerlines bankrupted Pacific Gas & Electric, which cut off power to nearly one million homes and businesses last month to prevent wind from triggering and fanning fires.

Confirmation bias is the tendency for people to search for, interpret, favor, and recall information that confirms their preexisting beliefs. Conversely, confirmation bias drives the same people to dismiss or ignore information that supports a different viewpoint.

Investigating and litigating singular fraud cases for first- and third-party claims used to be the mainstay of special investigation units. While these tactics can be relatively successful, there is still a whole world of abuse and misrepresentation stemming from medical providers, durable medical equipment suppliers, diagnostics entities, premium fraudsters, auto body shops, copy service providers, and more.