September 30, 2013
The Great Recession of 2007-2009 was the most serious and long-lasting economic contraction since the Great Depression. The recession and its modest recovery had a considerable influence on workers’ compensation claim frequency, according to a new study by the National …
September 30, 2013
Although new competitors are entering the U.S. property insurance market and alternative capacity is moving into the reinsurance space, neither trend has yet to move the needle on primary insurance pricing, executives said at the Advisen Property Insights Conference. Speaking …
September 30, 2013
The commercial trucking industry has come a long way in improving safety for drivers. Even so, a large portion of trucks on the road today — some 8.2 million single unit trucks — remain exempt from critical safety rules required …
September 30, 2013
There’s a privacy risk when policyholders join an insurer’s “pay as you drive” also known as usage-based insurance, program, according to University of Denver computer scientists. They found that collecting data on policyholder driving habits can sometimes be used to …
September 30, 2013
An adjuster’s deposition, if relevant and well-prepared, can provide the backbone of a strong defense, assuming defense counsel and the adjuster can avoid some deposition traps. A few of the common pitfalls to avoid are described below. Pitfall #1: Is …
September 30, 2013
High school science students are taught Sir Isaac Newton’s Laws of Motion. Whether these laws are remembered is another question, yet we know that these mechanical laws described in the late 17th Century apply to all large object motion on …
September 30, 2013
Policyholders come in all shapes and sizes, including young couples just starting out in their first homes, luxury homeowners and seniors with special housing considerations. They all share a common desire for solid coverage for their most valued investment — …
September 28, 2013
The driver of a Greyhound bus that ran off an interstate and flipped over told investigators he didn’t remember anything from the last mile before the crash that injured at least 35 people, an investigative report released Thursday shows. The …
September 28, 2013
Officials in Moore, Okla., issued a slew of new building permits in recent weeks, as residents seek to rebuild from the deadly May 20 tornado that devastated the community. Moore issued 78 building permits in the last month – compared …
September 27, 2013
ReSource, a contents evaluation and replacement services provider for both personal and commercial property insurance claims, announced it is moving today to a new location in Allen, Texas. ReSource, the full name of which is Replacement Source of America Inc., …