In the complicated and highly regulated world of workers’ compensation, predicting the trajectory and resolution of a claim can be an intricate challenge. The interactions among injured workers, employers, insurance adjusters and treating physicians significantly influence how quickly a claim …
The flood insurance landscape in the U.S. is facing a significant challenge, with the number of policies in force steadily declining. Despite the increased frequency and severity of storms driven by climate change, fewer properties are being covered by flood …
In the complex and high-stakes world of large loss property damage claims, the importance of onsite inspections cannot be overstated. Although the rise of technology has introduced remote assessments as a convenient and cost-effective alternative, the benefits of physically being …
The insurance industry is at a pivotal moment in embracing generative AI. According to the ISG Pulse Check State of the European Insurance Industry 2024, insurance firms are actively engaged in generative AI transformations and currently comprise nearly a quarter …
Catastrophic workers’ compensation claims present a complex web of medical, legal and financial challenges. Professionals need a roadmap for navigating the intricate journey from initial injury through long-term care and potential settlement, with key strategies to improve outcomes in these …
We are still years away from full implementation of true self-driving cars in the U.S., but each step we take dramatically complicates and changes the face of auto claims handling, vehicle repairs, and subrogation litigation. When catastrophic claims are paid …
Hurricane-induced damage to properties is a significant concern for residential and commercial structures alike, particularly for heating, ventilation and air conditioning systems. HVAC systems are essential for maintaining indoor air quality and comfort, and their damage can lead to substantial …
In recent years, cities worldwide have faced an alarming increase in the frequency and severity of flood events. These catastrophes have left urban areas grappling with extensive damage to infrastructure, buildings and equipment. As communities strive to recover from flood …
Let’s take a look at catastrophe-related perils that could impact any business in a post-pandemic and/or stabilized economy—specifically, ingress/egress limitations and power outages. Ingress and egress are terms to reference the act of entering and leaving a location. In the …
Recently, a local television newscast ran a short report on the current high price of auto insurance. After recording one or two predictable complaints from the general public, the reporter ascribed the high prices to the high cost of “labor …