“You get towards the end of the month and you dont have your premium budget met yet. How does your brain process that next opportunity that comes across your desk?” asks A. Morris Tooker, head of Middle Market at The Hartford.
The value of staff monitoring and reporting to identify behaviours that may seem linked to the risk of terrorism and workplace violence should not be underestimated, Harry Rhulen, chief executive officer of Firestorm, suggested Tuesday during an educational session at RIMS 2017 Annual Conference & Exhibition.
Issues such as emotional distress and fear were highlighted as the top barrier to closing workers compensation claims, according to a study released Thursday.
The mold assessor thought his efforts were competent. His assignment? An expansive home complemented with tasteful contents accumulated over five decades of Florida living.
Millennial insurance jobs are proving to be among the employment opportunities that have the greatest potential for that generation. They are taking positions from claims adjusters to data scientists and underwriters in which there are massive skill sets to be built.
Want to know what words to say or hold back? What body language signifies power, and even where to sit in that important meeting with a potential customer?
Though theres likely always going to be local adjusters who refuse to listen, the latest completed “Who Pays for What?” survey found OEM repair procedures to be an effective tool in collision repair-insurer negotiations.
One of the costliest aspects of running a business is also one of the most often overlooked traffic safety. Whether crashes occur on or off the job, employers foot the bill, through everything from insurance premiums to productivity losses.
An interactive catastrophe risk modelling tool using maps, metrics and real time updates called RiskInsight and created by Karen Clark & Company (KCC) is branding itself as the insurance industrys go-to for digital catastrophe analysis.
Travelers has deployed about 60 catastrophe response professionals trained on drone technology to areas affected by Hurricane Matthew. The companys SVP of claim, Patrick Gee, says that the companys mature drone program is already paying off in more efficiency and a safer experience for claims professionals.
There is no lack of cases involving arsonists setting fire to buildings and vehicles to defraud their insurance companies. The 2015 Insurance Fraud Hall of Shame includes two shocking arsons. Fortunately, many such crimes are uncovered by well-trained fire investigators.
If there were any doubts that the insurance industry is innovating and transforming, all doubts were dispelled at the 2016 SMA Summit. Insurer after insurer described innovative new business models, products and uses of emerging technologies.
At a research facility in South Carolina, scientists and researchers harness the destructive forces of hurricanes and bend them to their will. "Were actually creating hurricanes around structures very much like Mother Nature would do," Julie Rochman said.
Actor and former governor Arnold Schwarzenegger spoke at a California insurance industry trends forum this week in order to discuss certain central topics such as that of risk.