Despite increased attention from the media and government, the opioid crisis continues to plague the United States, and in turn has implications for workers compensation insurance.
Ransomware is a piece of red-hot cyber jargon. Perhaps you heard about it when doing your office cybersecurity training, or maybe you read about it in the news.
The phrase “gradually, then suddenly” comes from Ernest Hemingways 1926 novel “The Sun Also Rises,” when Mike Campbell is asked how he went bankrupt. “Two ways,” he answers. “Gradually, then suddenly.”
RIMS 2019 is behind us. Monte Carlo, its nominally more sophisticated and more business-like cousin, looms. These twin schmoozefests dominate the insurance year at a cost.
For policy holders, the claims process can be incredibly frustrating and it is easy to see why. Having your claim approved is one thing, but then actually getting the money owed often proves to be another monster task in and of itself.
Technology is a tool, like fire or gin. It can be used for good or for ill. Most workers on a construction site or in a warehouse are willing to wear a sensor if it will keep them from getting run over by a forklift or knocked off a ledge by a crane.
Satellite insurance blasted into the spotlight when a European Vega rocket failed about two minutes after lift-off from a base in French Guiana, destroying a United Arab Emirates military observation satellite in the process.
Like your health, your pets or your car, your home requires regular maintenance to keep it running smoothly and working properly. Homes that are well-maintained are safer, require fewer costly repairs and retain more of their value.
Ill make a prediction, which is a hallmark of science: I do not think that anything substantial will happen to combat the effects of climate change for the next 10 to 20 years, because that is how long it will take for the public to care.
Jurors in Leon County, Florida, recently awarded nearly $2 million to Stephanie Jenkins, aged 47, who suffered serious injuries after slipping and falling inside a USA Grocers in Tallahassee.
Claims closure projects arent a simple matter, but theyre well worth the effort. By closing claims that are 20-30 years old, companies are often able to settle for less than the case reserve and save on any future incurred but not reported (IBNR) costs associated with a particular case.
Hurricane Barry has come and gone, and while the first hurricane to make landfall in the US this season didnt wreak as much havoc as expected, there are still other storms slated to appear in the summer and fall.
Theres been lots of talk about medical marijuana as a safe alternative to opioids for the treatment of chronic pain, a common diagnosis among workers compensation patients.
Recent hurricane seasons have been vicious, last years killed more than a hundred people and inflicted more than $50 billion dollars in damages. The country is still deep in recovery and this years storm season is already underway.