With the upcoming legalization of edibles containing cannabis this October, Canadian claims adjusters may see more indirect injury loss and damage claims, suggests a lawyer with Field Law in Calgary. Compared to regular smoked marijuana, edibles have a more delayed and prolonged reaction, meaning the ability to predict impairment will create an additional challenge for adjusters....

Many insurance companies suffer from slow and inefficient claims processes, which are notoriously lengthy and cumbersome for both the insurance companies and their customers. From long and difficult back and forth to messy, complicated paperwork, claim cycles can be a real pain for all involved...

Reports of apparent wind damage are coming in from Elmore, Autauga, and Montgomery counties after a strong storm swept across the state Tuesday morning. Alabama Power crews are continuing to work to restore service to customers affected by storms. At 4 p.m. there were approximately 510 customers in central Alabama without service...

Fraudulent claims continue to plague the global insurance market, but proponents of blockchain technology insist that a solution may soon be at hand. When implementation of these decentralized digital ledgers becomes widespread, some believe fraud could be reduced significantly. An estimated 5% to 10% of all insurance claims are fraudulent, costing U.S. non-health insurers more than $40 billion a year, according to a 2017 McKinsey & Company report...

Unconscious biases, which are attitudes, behaviors, and actions prejudiced in favor or against specific groups of people that everybody holds, and are formed automatically and unintentionally, according to the National Institutes of Health, create challenges when it comes to recruiting and retaining a diverse workforce...