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Smart Home Devices: The Security Risks

Smart devices have become a popular topic in the P&C insurance world. Tools like smart thermostats, smoke detectors and water sensors offer the potential to halt property damage before it starts, protecting insurance customers from injury, property loss or both. Yet these devices come with risks.
April 2, 2019 Life & Health Property Risk Management Technology

More Than Half Of Consumers Willing To Release More Robust Data For Insurance Benefits

Nearly six in ten consumers are open to sharing location data and lifestyle information in exchange for decreased pricing in financial products and services.
March 20, 2019 Auto Life & Health Risk Management

The Revolution Is Finally Here

We are finally beginning to experience a long-awaited revolution in the insurance industry. Historically, insurance has been one of the last and slowest industries to embrace technology as a means of modernization and process innovation.
March 15, 2019 Life & Health Technology

Texas Hospital Ex-CEO Pleads Guilty In Fraud Scheme

The former CEO of a Texas community hospital has pleaded guilty to defrauding three health insurers in a pass-through billing scheme involving laboratory services, the Department of Justice said.
March 13, 2019 Fraud Life & Health Texas

Daylight Saving Time: More Traffic Accidents And Other Risks

Insurance companies are reminding consumers to take certain precautions this year. Daylight Saving Time causes many of us to grumble about losing an hour of sleep, but this year, insurers used the date to remind consumers of other potential risks. They are hoping people will take certain precautions to keep themselves, their families and their properties safe.
March 12, 2019 Auto Life & Health Property

5G Will Transform P&C, Car Repair

Today’s technology news is dominated by articles about the promise of 5G—it was one of the top stories coming out of this year’s Consumer Electronics Show. 5G, so named because it’s the generation following today’s 4G, could bring mobile phones information 600 times faster than today’s speeds.
March 11, 2019 Auto Liability Life & Health Property Technology

Zion Williamson’s Multimillion Dollar Insurance Policy

Zion Williamson — college basketball player for the Duke Blue Devils and considered one of the top picks for this year’s NBA Draft — recently suffered a knee injury, sparking questions about whether the rising basketball star has suitable insurance.
February 22, 2019 Life & Health

Life For Life: Woman Sentenced Over Murder In Insurance Scheme

It took only 15 minutes inside a Leon County courtroom Wednesday to bring 18 years of mystery surrounding the disappearance of Mike Williams to finality.
February 7, 2019 Fraud Life & Health Florida

Life Insurers Can Use Social Media Posts To Determine Premiums, As Long As They Don’t Discriminate

New York’s Department of Financial Services (NYFS) has released new guidelines that will allow life insurance companies to use data from customers’ social media posts to determine their premiums, and experts say that these rules could potentially extend beyond New York’s borders.
February 5, 2019 Life & Health Risk Management New York

One Cannabis Risk That Seems Under The Radar

With the legalization of recreational marijuana, more needs to be done to warn people of the health risks, including psychosis, a speaker told insurance claims professionals Tuesday.
January 24, 2019 Life & Health Risk Management

Americans Are Now More Likely To Die From Opioid Overdoses Than Car Crashes

For the first time in history, Americans are more likely to die from opioid overdoses than car crashes, according to a new report from the National Safety Council.
January 17, 2019 Auto Life & Health

Long-Term Care Insurers Paid A Record $10.3 Billion In 2018 Claims

A record $10.3 billion in claims was paid last year by the nation’s long-term care insurance companies, according to the American Association for Long-Term Care Insurance.
January 15, 2019 Life & Health

Florida Trial Features Homicide, Infidelity And Alligators

With a plot that echoes a well-known Hollywood masterpiece, a trial began Tuesday for a Florida woman accused of helping orchestrate the death of her husband in order to secure a massive insurance payout.
December 12, 2018 Fraud Life & Health Florida

2018 Insurance Fraud Hall Of Fame

Firefighters die in a burning building. … A mother poisons her infant for life insurance. … A sober home plies addicts with drugs for bogus rehab claims. Welcome to the Insurance Fraud Hall of Shame, home of America’s nine most-brazen insurance scammers of last year.
December 10, 2018 Auto Fraud Liability Life & Health Property

Report: Number Of Uninsured Kids Spikes To 3.9M In US

The number of uninsured children in the United States has increased for the first time in nearly a decade, placing it at 3.9 million in 2017, according to a report Thursday from Georgetown University’s Center for Children and Families.
November 30, 2018 Life & Health Florida Georgia Texas
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