Property & casualty (P&C) insurers acknowledged that the capture and transformation of data into useful information has turned into a critical differentiator of performance within the P&C insurance marketplace, according to a new survey by global professional services company Towers …
A torched office building injures seven firefighters; a nose doctor buys a yacht with insurance money from damaging and worthless surgeries; cohorts cut off a mentally disabled man’s hand for an insurance payout. These are among the extreme schemers elected …
A mandate prescribed by the Biggert-Waters Flood Insurance Reform law is a major challenge for a federal weather agency, an executive of NOAA revealed at an insurance conference last week. Edward Johnson, director of strategic planning and policy for the …
The National Football League players union and Harvard University are teaming up for a $100 million research project aimed at treating and preventing health problems plaguing former NFL players. Researchers across disciplines will look at everything from brain trauma, torn …
The Alaska House of Representatives will consider creating short-term driver’s licenses for temporary residents. HB1 would allow the Department of Motor Vehicles to issue licenses that expire as soon as a temporary resident’s authorization to live in the U.S. has …
A Rhode Island judge is questioning why the owners of a nightclub where 100 people died in a fire in 2003 still haven’t paid a $1 million penalty for failing to carry workers’ compensation insurance. The Providence Journal reports that …
There was no alarm, no working fire extinguisher, no sprinkler and almost no escape from the nightclub that became a death trap for more than 200 Brazilian college students. As investigators began poking through the rubble and families mourned their …
Flooding has hit parts of eastern Australia, forcing thousands of residents to evacuate their homes, according to catastrophe modeling firm AIR Worldwide. The heavy precipitation over the past week is associated with ex-tropical cyclone Oswald and was enhanced by a …
Weeks after two New York City subway passengers were pushed to their deaths in separate incidents, officials on Monday discussed boosting safety efforts in the nation’s busiest subway system. An awareness campaign was presented at the monthly board meeting of …
Durable medical equipment (DME) fraud could fall between $1.5 and $5 billion in a single year, according to a new report by the National Insurance Crime Bureau (NICB). The report examines questionable claims (QC) referred to the NICB during the …