State Farm Hit By Data Breach
State Farm — the largest property and casualty insurance provider in the US - has been compromised in a credential stuffing attack.
August 14, 2019
Excess & Surplus Lines
Liability
Technology
Providing A Better Claims Experience
It’s important to consider the communication preferences of five different generations when building a better claims process. In any given year, approximately 5% to 7% of U.S. auto and homeowners will file an insurance claim.
August 12, 2019
Auto
Property
Technology
The Best Boost To Customer Experience
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.
August 8, 2019
Risk Management
Technology
The Exciting, New Ways Technology Is Streamlining The Claims Management Process
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.
August 7, 2019
Catastrophe
Fraud
Property
Risk Management
Technology
The Reinsurers Are Coming!
In most instances, when A.M. Best issues its Top 200 U.S Property/Casualty Writers results, there is some jockeying for position — up or down a position or two. However, the 2018 results issued in July 2019 revealed something that literally flew off the page.
August 6, 2019
Technology
Can New Technology And Claims Professionals Find A Balance
The claims resolution world is changing. New technologies are being introduced every day, and with them come the possibility of job eliminations. But is all of this a threat or an opportunity? The answer depends on which lens you are looking through.
August 1, 2019
Technology
5 Tech Tools That Can Help During Hurricane Season
Death and taxes may be life’s only two actual inevitabilities if you go by the old adage, but for risk managers and insurance claim professionals, hurricane season represents another sure thing. It isn’t “if,” it’s “when and how many?”
July 19, 2019
Catastrophe
Technology
How Insurtech Is Powering The Claims Advocacy Movement
Insurtech, an umbrella term that refers to everything from wearable safety technology to software and the Internet of Things (IoT), is driving innovation across the workers’ compensation sector.
July 17, 2019
Technology
Workers' Compensation
Insurance Taskforce Seeks Federal Backstop For Catastrophic Cyber Loss
The cyber insurance industry has grown exponentially in the past decade. As more and more businesses — of all sizes and in every sector — purchase cyber policies, the cyber insurance industry gains stronger and more actionable data insights.
July 15, 2019
Excess & Surplus Lines
Legislation & Regulation
Risk Management
Technology
State Farm Is Hiring With First-Ever Virtual Career Fair Today
Millions of job seekers attend career fairs to learn about opportunities each year. Now many will have a similar experience at home from a computer or smartphone. State Farm is hosting its first-ever virtual career fair for applicants to learn about jobs the company hopes to fill this year.
July 11, 2019
Auto
Liability
Property
Technology
Arizona
Colorado
Georgia
Illinois
Ohio
AI, Advanced Analytics And Biometrics Becoming Central To Fraud Detection
The use of artificial intelligence for fraud detection will triple by 2021, and advanced analytics and biometrics are becoming central to anti-fraud programs.
July 10, 2019
Technology
Fulfilling AI’s Promise In Workers’ Comp
The term “artificial intelligence” (AI) is weaving its way into the mainstream of insurance companies of all sizes. It’s a hot topic: Consider that at the recent Dig | In event in Austin, Texas, at least half a dozen exhibitors classified themselves as “AI” or “AI/Fraud” companies.
July 9, 2019
Risk Management
Technology
Workers' Compensation
How Insurers Are Making Connections
Spin the wheel to land on any insurance carrier’s website. Did you land on Allianz, USAA, MetLife, Radian, Traveler’s, State Farm, Protective Insurance or American Family? Do you notice anything familiar?
July 3, 2019
Technology
Florida City Suffers Major Cyberattack, Insurer Covers Most Of Bitcoin Ransom
A city in Florida has been the target of a massive cyberattack that disabled many of the municipality’s systems, forcing city leaders to pay off a hefty ransom to free the computers.
June 28, 2019
Excess & Surplus Lines
Technology
Florida
Digital At Work: Wearables In Workers’ Comp
In today’s modern world, more individuals are using wearable devices to help them stay connected, keep better track of their daily activities, and achieve their health, fitness, and overall wellness goals. But with improving technology and expanding opportunities, wearable devices are now taking on much larger roles.
June 26, 2019
Technology
Workers' Compensation
