Fraud inevitably rises after natural disasters and during economic downturns. The COVID-19 pandemic has brought both conditions to the entire globe at once. Fraud-prevention advocates have long been warning about the coming increase in fraudulent claims. Data from Friss, a …
Charles Taylor Expands Marine Technical Services Insurance services company Charles Taylor has expanded its marine technical services offering by integrating Bowditch Marine, Pilot Marine and the marine surveyors of Charles Taylor Adjusting U.S. As of April 1, the adjusting team …
Tristar Buys RMS Tristar Insurance Group, a privately owned third-party claims administrator based in Long Beach, Calif., has agreed to purchase Aspen Risk Management Group. Aspen, located in San Diego, provides remote ergonomics, online service platforms, and consulting services to …
Mitchell|Genex Acquires CompAlliance Mitchell|Genex has acquired CompAlliance, a national managed care service provider for the workers’ compensation industry. CompAlliance’s preferred provider organization, medical bill review, case management, utilization review and 24-hour nurse triage services will become a part of Mitchell|Genex. …
TrustLayer Teams with Building Partnerships TrustLayer, a San Francisco-based insurtech startup, announced that it has formed a partnership with Building Partnerships to distribute a technology that verifies certificates of insurance and other business documents. TrustLayer said the Builder Partnerships network …
CRS Temporary Housing Announces Merger with Klein & Company In partnership with GenNx360 Capital Partners, CRS Temporary Housing merged with Klein & Company on November 30, 2018. Founded in 1995 and based in Golden, Colo., Klein & Co. provides hotel …
Verisk Launches WaterLine for Private Flood Insurance Market Verisk, a data analytics provider, announced the launch of WaterLine, an underwriting tool that scores flood risk for all properties in the contiguous United States, helping insurers meet the needs of the …
AF Group Expands Into Commercial Auto AF Group announced its expansion into commercial auto insurance with the launch of Fundamental Underwriters, a new product aimed at providing superior insurance coverage for accounts with specialty risks. Fundamental Underwriters is a managing …
Dorado, Puerto Rico, Feb. 13, 2018–Blue roofs are visible in the town of Villa Santa in the municipality of Dorado. FEMA/K.C. Wilsey While aerial imagery offers the broadest range of images with the highest refresh rates, it isn’t usually at …
Insurers are increasingly using drones to inspect property damage, according to Cory Shelton, head of UAV Technology at Geomni, a Verisk business. In a recent interview with Claims Journal, he explained the pros and cons of using drones for property …