Continued Underwriting Losses in Personal Lines Impact P&C Insurance Profitability
The property and casualty sector faces ongoing underwriting losses, with personal lines being a significant contributor, despite improving trends.
May 15, 2024
Auto
Insurance Industry
Underwriting
Workers' Compensation
Effective Collaboration and Expert Management Drive Captive Insurance Success in Vermont
Vermont exemplifies the importance of teamwork and expert management in driving the success of captive insurance companies.
May 15, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Vermont
Survey Reveals Startling Trends in Insurance Application Dishonesty Among Americans
A recent NerdWallet survey exposes a significant portion of Americans admitting to falsifying information on insurance applications, with younger adults leading the trend.
May 14, 2024
Auto
Fraud
Insurance Industry
Life & Health
Court Allows Employee Shot by Co-worker to Sue Employer Despite Workers’ Compensation Denial
A Florida court has ruled that an employee shot by a co-worker can sue his employer after being denied workers' compensation benefits.
May 14, 2024
Insurance Industry
Liability
Litigation
Workers' Compensation
Florida
Iowa Supreme Court Revises Interpretation of Vascular Injury Compensation
The Iowa Supreme Court clarifies a longstanding misinterpretation in workers' compensation law regarding vascular injuries.
May 14, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Workers' Compensation
Iowa
Springdale Business Sued Over Alleged Insurance Fraud Involving Arson
A Springdale company faces a lawsuit for allegedly setting their own building on fire to claim $700,000 in insurance money.
May 14, 2024
Fraud
Insurance Industry
Litigation
Property
Arkansas
Widespread Auto Insurance Fraud Uncovered by Southern California Task Force
A task force in Southern California has charged multiple individuals for their involvement in a complex auto insurance fraud scheme.
May 14, 2024
Auto
Fraud
Insurance Industry
Litigation
California
Adapting Claims Adjusting to the Modern Era of Technology and Data
Claims adjusters face new challenges with AI and data integration, requiring continuous adaptation and skill enhancement.
May 14, 2024
Education & Training
Insurance Industry
Technology
Workers' Compensation
The Institutes Knowledge Group Releases 2024 Skills Report Highlighting Key Trends in Risk Management and Insurance
The Institutes Knowledge Group's 2024 Skills Report offers insights into the most in-demand skills and educational trends within the risk management and insurance sectors.
May 13, 2024
Education & Training
Insurance Industry
Risk Management
Technology
Shifting Dynamics: Embracing Horizontal Relationships in Workers’ Compensation Claims Handling
Transforming the relationship between claims adjusters and injured workers into a collaborative partnership can enhance fairness and efficiency in workers' compensation claims.
May 13, 2024
Education & Training
Insurance Industry
Risk Management
Workers' Compensation
Allstate’s Drivewise App Linked to Safer Driving and Fewer Severe Collisions
Allstate reports that users of its Drivewise app are 25% less likely to experience severe collisions, promoting safer driving behaviors.
May 13, 2024
Auto
Insurance Industry
Risk Management
Technology
Traffic Signals Evolve: Driverless Cars May Bring White Light Addition to Century-Old System
As autonomous vehicles become more prevalent, researchers are exploring major changes to the traditional traffic signal system, including the potential addition of a white light.
May 13, 2024
Auto
Insurance Industry
Legislation & Regulation
Technology
Michigan
North Carolina
Revolutionizing Payment Systems in the Insurance Industry
Modernizing payment systems in insurance is crucial to meet evolving consumer preferences and enhance security and efficiency.
May 13, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Overworked and Overwhelmed: Adjusters Voice Concerns Over High Claim Volumes
In an eye-opening discussion on Reddit, claims adjusters from various companies share their struggles with high volumes and burnout.
May 10, 2024
Insurance Industry
Workers' Compensation
Supercell Storms Unleash Giant Hail in Central Texas
Supercell thunderstorms cause significant damage in Central Texas, with reports of hail as large as CDs.
May 10, 2024
Catastrophe
Insurance Industry
Risk Management
Texas
