Insurers believe that fraud in on the rise, and they are increasingly turning to advanced analytics to fight it, according to the results of a survey released Wednesday by the Coalition Against Insurance Fraud. The Coalition said the survey of …
Johnson & Johnson took the unusual step of settling two women’s claims that its talc-based products caused their asbestos-linked cancers rather than let juries decide the cases, opening a new front in the growing litigation against the world’s largest maker …
The more malpractice claims a physician accrues, the greater the likelihood that doctor will switch to a smaller practice or stop practicing medicine altogether, a new study suggests. Data on nearly a half million practitioners didn’t yield evidence that doctors …
While insurance carriers are warming to the idea of automating the claims process—and even possibly touchless claims handling—auto insurance policyholders are still wary of do-it-yourself approaches that don’t give them access to empathetic humans. Those customers who have filed claims …
U.S. regulators plan to revamp rules governing how medicines are manufactured, in an effort to ensure the safety of the nation’s drug supply as recalls of contaminated imports from developing countries widen. “We’ve seen a lot of instances of adulterated …
Lloyd’s of London will publicly name and shame anyone it bans from its insurance market for sexual harassment, according to Chief Executive Officer John Neal. “When we do see instances of bad behavior, and let’s hope they are infrequent, we …
U.S. lawmakers have turned a critical eye on whether regulators gave Boeing Co. too much sway over the certification of its latest 737 jetliner, which was grounded following two fatal crashes in less than five months. Yet it was Congress …
Software updates that Boeing Co. is readying for the 737 Max airliner should be cleared by an independent review before the beleaguered jet is allowed to fly again, the chairman of the House Transportation and Infrastructure Committee said Tuesday. Oregon …
About the photo: Floodwaters surround corn sitting under a collapsed grain bin in this aerial photograph over Thurman, Iowa. Photographer: Daniel Acker/Bloomberg Chad Korth’s Nebraska farm was mostly unscathed from the catastrophic floods that soaked nearby fields thanks to being …
California lawyer Michael Avenatti brushed aside accusations by federal prosecutors that he tried to extort millions of dollars from Nike Inc., tweeting to thank supporters after he was released on bail and lobbing fresh accusations at the world’s biggest sports …