The Real Cost Of Claims Professional Fee Concessions
Insurers historically have sought to obtain independent property adjusting services to balance better, faster, and cheaper outcomes. In years past, “balancing” was understood to be the operative word.
November 2, 2016
Risk Management
Ripple Effect Of Streaming Transportation Services On Claims
From the invention of the phonograph to long-playing records, eight-track tapes, compact discs, and MP3s, weve experienced music by owning it. We bought it, organized it, and chose what to play.
October 28, 2016
Auto
Liability
Litigation
Risk Management
Technology
Opportunites, Challenges Ahead For Insurers With The Next POTUS
One of the largest federal lobbying bodies for the property/casualty industry does not take a position in presidential politics, but at least one among its leaders believes either outcome of the 2016 contest will be a mixed bag for the insurance business.
October 27, 2016
Legislation & Regulation
Liability
Property
Risk Management
Trump Took $17M In Insurance For Damage Few Remember
Donald Trump said he received a $17 million insurance payment in 2005 for hurricane damage to Mar-a-Lago, his private club in Palm Beach, but The Associated Press found little evidence of such large-scale damage.
October 26, 2016
Fraud
Property
Risk Management
Florida
Heightened Tensions On Campus Underscore The Need For Risk Management
It may not quite be the cultural revolution of the 1960s, but the atmosphere on Americas college campuses has undergone a decided shift in that direction.
October 21, 2016
Liability
Property
Risk Management
Five Insurance Giants Join Forces On Blockchain
They are five of the biggest insurance companies in the world — yet despite being competitors they have found a reason to join forces.
October 21, 2016
Risk Management
Technology
Email Communication With Litigation Professionals Is Costing You
A blinking light, a steady vibration, a soft ding. You probably recognize all of these as notifications that a new email message has arrived. These incessant alerts keep you shackled to your phone and computer from sunrise to sundown, serving as a constant distraction.
October 20, 2016
Litigation
Risk Management
Pilot Program Speeds Dispute Resolution For Texas DWC
The Texas Division of Workers Compensation is taking a promising pilot program statewide to help simplify and speed resolution of some disputes.
October 18, 2016
Risk Management
Workers' Compensation
Texas
Drones Boost Travelers' CAT Response Teams
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.
October 18, 2016
Catastrophe
Education & Training
Property
Risk Management
Technology
Insurers Settle With Foo Fighters Over Terrorism Coverage
Legendary American rock band Foo Fighters has resolved its lawsuit against various Lloyds of London insurers for their failure to cover losses due to cancelled shows in the wake of the Paris terror attacks.
October 14, 2016
Excess & Surplus Lines
Litigation
Risk Management
California
Could An Incumbent Act Like Lemonade?
Lemonade, the industry disruptor touted as a game-changer for the insurance industry, has officially opened, with homeowners and renters products launched in New York. Lemonades opening is significant for a number of reasons.
October 3, 2016
Risk Management
Technology
Political Discussions In The Workplace Could Be A Liability
The concept of “free speech” is as American as apple pie. However, any employment litigator or human resources professional can tell you that free speech and what is appropriate in the workplace are very different concepts.
October 3, 2016
Liability
Risk Management
Cozy Relationships Between Insurance Commissioners And The Industry
When the Arkansas insurance commissioner weighed the merits of a hospitals billing complaint against United Healthcare, her interactions with one of the nations largest health insurers extended far beyond her departments hearing room.
October 3, 2016
Legislation & Regulation
Risk Management
Evolving Insurance Ecosystems The Focus Of SMA Summit
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.
September 28, 2016
Education & Training
Risk Management
Technology
Farmers Insurance Claims Adjusters Reach $4.9 Million Settlement
Insurance adjusters for Farmers Insurance and their employer have reached a $4.9 million settlement in the California labor lawsuit filed against the insurance company. The California wage and hour lawsuit was filed by adjusters who alleged Farmers Insurance violated state and federal labor laws and owed workers for unpaid wages and overtime.
September 27, 2016
Litigation
Risk Management
California



