Claims News Recap
August 13th - 17th
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Friday, August 17th, 2018
A CCC executive on Wednesday said the company would soon bring to market software to have artificial intelligence write a partial estimate based on a combination of photos and crash details and hand it off to a human.CCC product management and marketing Senior Vice President Jason Verlen estimated the product would be in the hands of an “initial round of customers” by the fourth quarter of this year....
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Thursday, August 16th, 2018
A 61-year-old man was killed early Wednesday after falling into a vat of oil at an energy facility near Disney property, Orange County sheriffs’ deputies said. The fatal industrial accident was reported at 12:17 a.m. at 2010 South Service Lane in Bay Lake.According to the Orange County Sheriff’s Office, the man and a coworker were emptying oil and grease byproduct from a tractor-trailer into a vat....
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Wednesday, August 15th, 2018
In February, USAA launched a 21-member claims innovation team with the goal of gaining competitive advantage for the insurer by digitizing various aspects of its claims operations. The nation’s eighth largest property and casualty insurer considers its claims strategy proprietary information, the details of which it is reluctant to share....
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Tuesday, August 14th, 2018
Philadelphia Eagles offensive lineman Chance Warmack will become the first NFL player to collect on a loss-of-value policy. Warmack took out an insurance policy that would have him collect if his second contract in the NFL was less than $20 million, sources told ESPN. Warmack, the 10th pick of the Tennessee Titans in the 2013 draft, got a one-year deal from the Eagles worth $1.5 million last year, which triggered the policy....
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Monday, August 13th, 2018
A California jury on Friday found Monsanto liable in a lawsuit filed by a man who alleged the company’s glyphosate-based weed-killers, including Roundup, caused his cancer and ordered the company to pay $289 million in damages. The case of school groundskeeper Dewayne Johnson was the first lawsuit to go to trial alleging glyphosate causes cancer....
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