Customer engagement, improved usability in all claims systems and expanded use of data analytics are just a few of the trends predicted for 2017 as insurers pick up the pace on digitization, according to Ed Charlton, global director for Strategies …
A luxury high rise condominium located in Las Vegas, Nevada, was found to have been barred from recovery of its $5 million window damage claim, according to a ruling by the Ninth Circuit of the U.S. Court of Appeals. The …
In an opinion filed earlier this month, the Illinois Supreme Court outlined the scope of immunity afforded under the Snow and Ice Removal Act. According to the opinion, the plaintiff, Pamela Murphy-Hylton, sustained injuries after she slipped and fell while …
Earlier this month, a whistleblower lawsuit verdict against State Farm was upheld by the U.S. Supreme Court. The high court rejected a challenge filed by State Farm on a lower court decision. The decision, according to Dan Himmelfarb, a Wash. …
Despite a societal shift towards the acceptance of marijuana, as evidenced by several newly passed state laws, political uncertainty as well as roadblocks at local, state and federal levels could derail its legal use. Last month, California, Massachusetts, Nevada and …
Better performing workers’ comp claims organizations utilize key performance indicators, data analytics and an advocacy-based model to successfully manage claims, according to Rising Medical Solution’s most recent Workers’ Compensation Benchmarking Study. Better performing workers’ comp claims organizations utilize key performance …
Growing megacities, air quality issues, excessive commute times, distracted driving and a desire for constant connectivity are driving the pursuit of autonomous cars. According to Petter Hörling, director US R&D Tech Centre for Volvo Cars – the company that invented …
Reductions in emergency room visits and total claim costs prompted EMPLOYERS, a small business insurance specialist, to expand its Injured Employee Hotline nationwide. The service, which began as a test in Florida in 2014, gives injured workers the option to …
Several challenges unique to workers’ compensation claims highlight the benefits of a robust data analytics system, according to a panel of experts who presented on the subject during Verisk Insurance Solutions’ Monday webinar series. Underwriting new risks, managing medical provider …
Advanced analytics is a game changer and the biggest risk to insurers is doing nothing with the data they collect. That’s according to Kimberly Holmes, managing director of XL Catlin Group and XL Catlin Leadership Council, who explained the value …