Monthly Archives: <span>January 2018</span>

Losses From Southern California Fire Could Reach $2.5B, Expert Says

Losses from the Thomas Fire in Southern California are expected to fall between $1 billion and $2.5 billion, a catastrophe modeling firm said on Tuesday. The Thomas Fire, which raged across Southern California’s Ventura and Santa Barbara counties throughout most …

Business News: Hartford InsurTech Hub, Aziel Corp., Good2Go, Beazley

Hartford InsurTech Hub Partners With Crawford & Company Hartford InsurTech Hub, powered by Startupbootcamp, announced a new partnership withCrawford & Company,a global independent provider of claims management solutions to insurance companies and self-insured entities. The partnership was formed through Crawford …

CoreLogic: Wildfires, Floods Dominated Natural Hazards in 2017

Last year’s weather hazards reflected a mostly average season, with the exception of wildfires in California and flooding as a result of Hurricanes Harvey and Irma, according to CoreLogic’s annual Natural Hazard Risk Summary and Analysis released last week. The …

NICB: Insured Tailgate Thefts Show Slight Decline in 2017

According to a new report released by the National Insurance Crime Bureau, insured tailgate thefts have stabilized since 2014. NICB analysis shows that in 2016, there were 1,877 claims for tailgate theft identified in ISO ClaimSearch, an insurance industry claims …

Data Breach Fatigue Detrimental to Cybercrime Prevention

If you shop online or swipe a credit or debit card when out to eat, you’ve likely received a notice your personal information was compromised in a data breach. And if you’re like most consumers, chances are you did nothing …

Top 10 Employment Discrimination Charges in 2017

A total of 84,254 workplace discrimination charges were filed with the Equal Employment Opportunity Commission (EEOC) nationwide during fiscal year (FY) 2017, according to the federal agency. The EEOC said it secured $398 million for victims in the private sector …

Fraud News: Arson, False Claim Scams, Workers’ Comp Scheme Busted

South Dakota Woman Sentenced for Role in Bar Arson Case A Pollock, S.D., woman has been sentenced to serve two months behind bars for her role in a conspiracy to burn down a Herreid business. Authorities say 21-year-old Cheyenne Wolski …

Share Your Story: Sexual Harassment and the Workplace

From Hollywood to the corporate world, sexual harassment — the making of unwanted sexual advances or obscene remarks — is drawing greater public scrutiny than ever before. Victims (mostly women) and their supporters have taken on the cause, publicizing the …

5 Critical Drone Takeaways for Insurers From 2017’s Hurricane Season

Last year represented a major inflection point for the use of drone-based aerial intelligence in the insurance industry. Hurricanes Harvey and Irma wrought tragic devastation upon communities and property in Texas and Florida.The two storms resulted in $265 billion in …

Engineer in Deadly Washington Amtrak Crash Didn’t Know About Curve Ahead

The engineer controlling an Amtrak train that derailed in Washington state in December, killing three people, told investigators he didn’t realize he was coming up on a curve until it was too late. The National Transportation Safety Board on Thursday …