Claims News Recap
October 1st - October 5th
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Friday, October 5th, 2018
The Travelers Companies, a major national insurer, has made an undisclosed but apparently substantial investment in drone operations software company Kittyhawk. The investment strengthens a partnership between Kittyhawk and Travelers and signals a deepening reliance on drones to assess property claims in the insurance industry, particularly after natural disasters....
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Thursday, October 4th, 2018
State Rep. John Carson, R-Marietta, announced Wednesday that traffic fatalities, crashes and related insurance claims are down in Georgia. “I am very pleased to see that Georgia drivers are incurring fewer crashes and fatalities. The Hands-Free Georgia Act was all about saving lives, and I believe that’s exactly what it is doing....
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Wednesday, October 3rd, 2018
Two Twin Cities chiropractors have been sentenced for participating in separate multi-million dollar insurance fraud conspiracies. Preston Ellard Forthun, 40, was sentenced to five years in prison and Adam John Burke, 34, was sentenced to seven and a half years. In separate schemes, Forthun and Burke worked to defraud automobile insurance companies by hiring "runners" who would get accident victims to come to their clinics for unnecessary treatments....
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Tuesday, October 2nd, 2018
It’s common knowledge that due to a host of reasons, smaller insurers, municipal risk pools, captives and self-insured groups are hesitant to adopt new technology and thereby adapt their business processes for continuous improvement. We know that some of these reasons are beyond their control, but we also know that many of these companies exist in a culture exemplified by...
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Monday, October 1st, 2018
Progressive Insurance Co.’s Snapshot Program is the focus of a proposed class action lawsuit filed in Ohio district court. According to the 13-page complaint, the Snapshot device that drivers plug directly into their cars to collect data for the purpose of calculating insurance rates is defective to the extent that it may significantly damage the user’s vehicle....
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