Claims handling has come a long way in 30 years. Just ask Randall Beal, manager of the field technical unit for American Modern Insurance Group. He began working in claims in the early 1980s, when his toolkit consisted of a …
Two weeks ago, Puerto Rico was spared a devastating hit when Hurricane Irma ripped up the Caribbean. This time, it may not be so lucky. The bankrupt island, already contending with the aftermath of a storm that left as much …
The small, popular drones flooding the commercial market are unlikely to cause severe head injuries if they fall out of the sky and strike people, a new study has concluded. The results are similar to findings earlier this year by …
A summer of natural catastrophes, from epic hurricanes to scorching wildfires, has exposed another peril in disaster-prone states: How to pay for the rescues, repairs and rebuilding. The combined tab from Hurricanes Harvey and Irma is expected to hit $200 …
You may have heard some buzz about machine learning (ML), but what exactly is it? And, more importantly, how does it relate to you? ML essentially refers to the phenomenon of computers and other devices that appear to be intelligent …
The man tasked with overseeing Texas’ Hurricane Harvey rebuilding efforts sees his job as “future-proofing” before the next disaster, but he isn’t empowered on his own to reshape flood-prone Houston or the state’s vulnerable coastline, which has been walloped by …
A man whose esophagus and stomach were severely burned when he drank a beer tainted by a caustic chemical at an Atlantic City casino restaurant has been awarded $750,000. A jury on Friday awarded the man, Richard Washart, $650,000 for …
Rising sea levels and fierce storms have failed to stop relentless population growth along U.S. coasts in recent years, a new Associated Press analysis shows. The latest punishing hurricanes scored bull’s-eyes on two of the country’s fastest growing regions: coastal …
Two years ago, a robot crushed a 22-year-old man to death at a Volkswagen AG factory in Germany after the maintenance worker became trapped in an area usually off-bound to humans. While this type of tragedy is still relatively rare, …
Florida homeowners’ insurers are poised to thrive following Hurricane Irma. For years, critics have disparaged Florida’s unique homeowners’ insurance industry. These innovative and entrepreneurial insurers are about to prove critics wrong. The $100B Detour It should first be acknowledged that …