Carpe Data uses AI and analytics to enhance fraud detection in insurance claims, reducing loss expenses, improving operational efficiency, and speeding up claims resolution.

Artificial intelligence is set to revolutionize workers’ compensation by enhancing decision-making, streamlining claims processes, and predicting outcomes. However, challenges like data quality, transparency, and standardization must be addressed for successful integration.

Workers’ comp claims involving mental health conditions can be costly and complex. Understanding the three main types of concerns can help adjusters mitigate risks and reduce claim costs.

Understand the most frequent and costly insurance claims in the restaurant industry, from equipment breakdown to employee injury, and how claims adjusters can help mitigate risks.

Workers’ compensation continues to boost the property and casualty insurance industry with an 88.7 combined ratio in 2023, driven by reduced claims frequency, workplace safety, and competitive market conditions.

Insurance industry HR leaders continue to battle long-standing challenges like talent retention, while preparing for AI’s impact on workforce management in 2024.

A Pennsylvania appeals court upheld a $2.3 million verdict for the widow of a mesothelioma victim, ruling that COVID-19-related court delays do not exempt defendants from paying full delay damages in asbestos cases.

A UPS driver was awarded $237.6 million in a racial discrimination lawsuit after a jury found he was subjected to a hostile work environment and unjustly fired. UPS plans to appeal the decision.

Software is helping injured workers track their recovery, shifting the focus in workers’ compensation from cost containment to achieving faster, better outcomes that benefit both employees and employers.

Employers and claims professionals must prioritize injury prevention, safety culture, and risk management strategies to control workers’ compensation claims and costs across various industries.

Regulators are intensifying efforts to mitigate silica dust exposure, leading to significant fines and actions to prevent lung injuries in industries like stone fabrication and countertop manufacturing.

U.S. commercial insurance rates rose by 5.9% in Q2 2024, with notable hikes in excess liability and commercial auto, while workers’ comp, cyber, and D&O liability saw price decreases.

A professional soccer player’s workers’ compensation claim was revived after a court ruled her right knee injury could be related to a prior left knee injury from her playing days, despite earlier denials.

A federal judge has allowed roughly 150 former workers over age 50 to pursue a class action lawsuit against X, alleging age discrimination in the company’s 2022 mass layoffs under Elon Musk’s ownership.

While the buddy system is often praised for improving worker safety in high-risk environments, experts warn of potential downsides, including inconsistent practices, cost concerns, and reduced management oversight.