March 17, 2017
A rise in jewelry store thefts in January, compared to prior months, was reported by the Jewelers’ Security Alliance, according to Jewelers’ Mutual Insurance Company. The insurer often reports on jewelry store thefts and provides tips to thwart would-be thieves. …
March 14, 2017
Residents and tourists were unprepared for a devastating wildfire that whipped through Gatlinburg, Tenn., last fall. Winds topping 87 miles per hour fanned the flames that began in the Smoky Mountains and quickly spread through the mountain town, destroying homes …
March 13, 2017
An increase in spearfishing and ransomware, coupled with weakened data security due to more connected and mobile devices, means businesses and insurers need to understand and protect against these threats. That’s according to an expert panel discussion held during the …
March 10, 2017
A Pittsburgh Airport ramp agent, who sustained a serious leg injury that required amputation, should receive workers’ compensation for her injury despite an insurer’s argument that the injury didn’t happen while she was on duty, according to an opinion issued …
March 9, 2017
Peter D. Hancock, president and chief executive officer, has informed AIG’s Board of Directors of his intention to resign. As part of the transition plan, Hancock will remain as CEO until a successor has been named. The Board of Directors …
March 2, 2017
Fewer auto adjusters, more product liability claims and changes to crash investigations are just some of the changes that may occur as self-driving cars take to the road, according to Kevin Quinley, founder and principal of Quinley Risk Associates. In …
February 17, 2017
There are never enough photos when it comes to a subrogation claim, according to Cozen O’Connor subrogation attorneys Joseph Rich and Richard Maleski. During a firm webinar, Building a Better Subro Claim: Best Ways for Adjusters to Help, the two …
February 15, 2017
New technology promises to improve workers’ compensation programs, according to a Marsh webcast broadcast last week. According to Tom Ryan, market research leader, for Marsh’s Workers Compensation Center of Excellence, there are many areas of workers’ comp that can benefit …
February 14, 2017
With the global cyber insurance market expected to reach $14 billion by 2022, according to Allied Market Research, it’s no wonder more insurers are looking to offer cyber coverage. All industries need liability and property coverage to protect against cyberattack …
February 13, 2017
Though usage based insurance (UBI) has been around for some time, the use of telematics is expected to expand, according to Dawn Mortimer, assistant vice president of IoT/Telematics Claims Product Development for Verisk Insurance Solutions. “I’ve worked at carriers where …