Metromile Leverages AI And Sensor Data From Low-Impact Car Crashes To Tackle Insurance Fraud
In 2015, there were more than 6.3 million car accidents reported that involved property damage with insurance fraud accounting for 10 percent of property/casualty claims processed. While not every accident resulted in an insurance claim, those that did required extensive effort to be verified manually.
June 28, 2018
Auto
Technology
Arizona
California
Illinois
New Jersey
Oregon
NTSB Advocates For Seat Belts On School Buses In Wake Of Fatal Wrecks
For the first time, the National Transportation Safety Board is recommending all new school buses be equipped with lap and shoulder seat belts, after the agency released findings from a special investigation report prompted by two deadly 2016 crashes.
May 24, 2018
Excess & Surplus Lines
Legislation & Regulation
Alabama
Alaska
Arizona
Arkansas
California
Insurances Flawed Business Model
At its core, the industry is plagued by an inherent conflict of interest. Our customers dont have an industry expert advocating solely on their behalf; the experts have financial incentives coming from the insurance industry.
May 24, 2018
Risk Management
Alabama
Alaska
Arizona
Arkansas
California
$40 Million Settlement In Seattle Helicopter Crash
Two men injured in the 2014 KOMO helicopter crash obtained a $40 million settlement yesterday. The settlement was reached during a trial spread over the course of five weeks.
May 23, 2018
Excess & Surplus Lines
Liability
Litigation
Oregon
Washington
Animal-Related Insurance Claims Top 1.7M In Four Years
The National Insurance Crime Bureau (NICB) today released a study on the number of animal-related insurance losses for the years 20142017. The data is gleaned from insurance claims for losses that occurred in all 50 states plus the District of Columbia.
May 23, 2018
Auto
Alabama
Alaska
Arizona
Arkansas
California
Insurers Expected To Pay $1.5B For Aprils Severe Weather
A catastrophe report has found that the US re/insurance sector is on the hook for more than half of the total economic loss in April resulting from severe convective weather such as thunderstorms and tornados.
May 10, 2018
Auto
Catastrophe
Property
Alabama
Alaska
Arizona
Arkansas
California
Horse Sues Former Guardian For Neglect, Seeks $100,000 In Damages
An Oregon horse named Justice is — at least, on paper — suing his former owner for $100,000 in damages.
May 4, 2018
Liability
Litigation
Property
Weird
Oregon
5-Alarm Fire At NE Portland Car Yard Consumes Nearby Homes
A car lot fire at Northeast 75th Avenue and Northeast Killingsworth Street grew to five alarms Monday and sent thick dark smoke billowing through the metro area.
March 13, 2018
Excess & Surplus Lines
Property
Subrogation
Oregon
Serious Injuries In 20-Car Pileup On Oregon Interstate
Multiple people were injured in a 20-vehicle crash Saturday night on Interstate 84 that closed the westbound lanes for more than 12 hours.
March 6, 2018
Auto
Excess & Surplus Lines
Liability
Oregon
In Attempt To Collect On Disability Policy, Fraud Convict Had Son Shoot Him
An Oregon developer serving a 10-year prison term in a mortgage-fraud scheme was sentenced Wednesday to nearly four more years because he ordered his teenage son to shoot him in the legs in a failed effort to collect on a disability insurance policy.
March 1, 2018
Fraud
Life & Health
Weird
Idaho
Oregon
U.S. West Coast Braces For Possible Tsunami After Gulf Of Alaska Quake
A 7.9-magnitude earthquake struck the Gulf of Alaska early on Tuesday, prompting warnings of a possible tsunami down the West Coast of North America.
January 23, 2018
Property
Alaska
California
Oregon
Washington
Unofficial NBA Dunk: Dump Truck Crash Lands In Portland Trail Blazers Evan Turners Pool
A truck hauling dirt down a steep portion of Southwest Upper Hall Street Wednesday morning left the road and tumbled down an embankment, coming to rest in a swimming pool and prompting a dramatic rescue of the driver, an official said.
December 21, 2017
Excess & Surplus Lines
Liability
Oregon
Singer Isaac Brock Sued For $1M Over Multi-Car Wreck
The lead singer of the rock band Modest Mouse — who once sang in a hit song that “I backed my car into a cop car the other day” — was sued Wednesday for crashing into a pickup truck in August 2016.
November 30, 2017
Liability
Litigation
Oregon
Theft Ring Stretching From California To Maryland Stopped A Decade Later
Law enforcement agencies broke up a decade-old theft ring that stretched from California to Frederick, Maryland. The thieves used whats called booster bags, shopping bags with liners to block anti-theft devices.
September 12, 2017
Fraud
Property
California
Illinois
Maryland
Minnesota
Oregon
Extreme Weather Risk Taking A Toll On The Property Insurance Industry
Flooding and wildfires are making massive headlines this summer and this extreme weather risk is placing considerable pressure on the property insurance industry.
September 6, 2017
Catastrophe
Property
California
Florida
Louisiana
Montana
Oregon



