Claims / Legal
AI and Bionic Eyes Poised to Be the Latest Wildfire Risk Reduction Tools
On a tower in the Brazilian rain forest, a sentinel scans the horizon for the first signs of fire. Only these eyes aren't human. They don't blink or take breaks, and guided by artificial intelligence ...
Persian Gulf Liability Risks Force BP to Avoid Sending Tankers
BP Plc, the British oil giant that had to shelter one of its tankers in the Persian Gulf this month in fear it could be targeted by Iranian forces, is avoiding sending ships to the region after ...
UK Consumers Urged to Lodge Claims for Mis-Sold Loan Insurance
Britain's financial complaints body encouraged consumers on Friday to lodge claims for mis-sold loan insurance ahead of an Aug. 29 deadline, despite criticism from some banks that a majority of the ...
The Great Hustle: Protecting Insurers From Fraud
Insurance fraud is as old as the insurance industry itself. Efforts to combat fraudulent insurance schemes can be traced back to the Middle Ages, but the menace still persists centuries later. In the ...
Satellite Crash Will Send Space Insurance Costs Rocketing
Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which hit insurers with a record space market loss of 369 million euros ($411.21 ...
How AI Advances ‘No-Touch’ Resolution of Workers Compensation Claims: Opinion
Many human hours are needed to sort, analyze and process workers compensation claims—the vast majority of which are low in value. The U.S. workers comp insurance market is forecast to earn revenues ...
J&J Fights to Keep Lawsuit in Play Designed to Force Baby Powder Cancer Warning
Johnson & Johnson wants its day in court to fight a lawsuit intended to force it to put a cancer warning on the company's Baby Powder. So, it's urging a judge not to let a law firm that's been ...
Capital One Hammered by Massive Hack Attack Affecting 100 Million Individuals
Capital One Financial Corp said on Monday that personal information including names and addresses of about 100 million individuals in the United States and 6 million people in Canada were obtained by ...