As workers’ compensation fraud costs top out at an estimated $7.2 billion a year, according to the National Insurance Crime Bureau, insurers are looking at ways to combat the crime. There are several warning signs that a workers’ compensation claim …
Going for Gold was the theme of the annual Combined Claims Conference held in Orange County, California, earlier this month. The theme was selected, according to Caryn Siebert, conference chairperson, because “claims professionals are really the champions of the insurance …
By the end of 2016, nearly four million people may be infected with the Zika virus, according to the World Health Organization. In fact, the National Center for Atmospheric Research (NCAR) has found that factors like weather, travel and poverty …
Cyber risk is just one of the factors impacting errors and omissions claims, according to panelists at the American Bar Association’s annual Tort Trial & Insurance Practice Section’s Insurance Coverage Litigation Committee. Because of a convergence of new risks facing …
Since 2001, the incidence of vehicle cloning – when a vehicle identification number (VIN) on a legally owned vehicle is transferred to a stolen vehicle – has risen at a cost of more than $36 million in fraudulent vehicle transactions, …
A new trend has emerged in which coverage counsel are being sued by third parties for aiding and abetting insurer clients’ bad faith, according to a panel session on the subject hosted by the American Bar Association’s annual Tort Trial …
Focus on the risks associated with electronic cigarettes continues to rise as their popularity continues to grow. Electronic cigarettes, or e-cigarettes as they are often referred to, are typically a battery powered cigarette look-alike designed to deliver the same nicotine …
Ransomware is expected to continue to be an increasing threat in 2016, according to McAfee Labs 2016 Threat Predictions report, issued late last year. The report stated that with “new variants and the success of the “ransomware-as-a-service” business model, we …
As more incidents of hoverboard-related fires make the news and the Consumer Product Safety Commission continues its investigation into the cause of the fires, pressure is mounting for manufacturers who face the threat of product seizure for failing to comply …
If you had a litigated file tank on you recently, it just might be the result of reptile advocacy. While not a new theory, the practice has taken the plaintiff’s bar by storm in recent years, said T. David Higgins, …