January 17, 2018
Continued concern with the viability of the National Flood Insurance Program (NFIP) has led to growing interest in a private flood insurance market. For the first time last year, the Federal Emergency Management Agency (FEMA) entered into a reinsurance agreement …
January 17, 2018
Hurricanes Harvey and Irma caused massive devastation to Texas and Florida and now frustration for policyholders, their attorneys and public adjusters due to the named storm deductible on some policies. This week Cozen O’Connor hosted a webinar to provide a …
January 3, 2018
Last month, a federal judge in Ohio’s Northern District Court ruled in favor of Zurich American Insurance Company, granting the insurer’s motion for summary judgment in a case involving a dispute over payment of two sexual harassment claims. Scott Fetzer …
December 18, 2017
Though employers and workers’ compensation insurers have been utilizing telemedicine for quite some time, there’s been a recent uptick in interest surrounding virtual physical therapy, also known as telerehab. Mitchell, a property & casualty claims technology provider, recently announced its …
December 11, 2017
Texas Pilot Guilty in Gulf of Mexico Crash Insurance Fraud A Texas pilot who survived a 2012 Gulf of Mexico crash and used an iPad to record his time in the water acknowledges it was insurance-related fraud. Theodore Robert Wright …
December 8, 2017
Sometimes revered, at times sneered, value engineering (VE) can provide benefits to various projects when done right, according to industry experts. VE began at General Electric during World War II, according to Quebec-based McGill University. Shortages of skilled labor, raw …
November 28, 2017
A new mobile app released by Chubb promises to reduce delays in reporting cyber incidents, offering a work around in cases where hackers shut down whole networks. The Cyber Alert mobile application allows 24/7 reporting for commercial cyber customers in …
November 22, 2017
Though the number of physician dispensed prescriptions declined considerably from just a few years ago, the workers’ compensation industry continues to battle an adapting market seeking to maintain high prices by changing drug strength and formulations. The impact of physician …
November 21, 2017
Subrogation should be considered immediately, even after a catastrophe loss. This was the takeaway during a recent webinar presented by national law firm Cozen O’Conner. Thaddeus Baria, an Chicago-based associate in the firm’s Subrogation and Recovery Practice Group, explained that …
November 9, 2017
Investor-funded litigation is not new but it is expanding its reach in commercial auto cases, according to experts in the field. Panelists at the 2017 Risk Management Summit in Las Vegas, Nev., addressed the growing trend of investor funded litigation …