Claims / Legal
Big Benefits and Quick Wins: Sharing the Value of Claims Analytics
Big data and analytics are combining to profoundly alter one of the most manual processes in the insurance industry: claims management. Simple algorithms can ferret out evidence of claims leakage, ...
Capital Shield, Berkley Debut Cover for Individuals Dealing With Embezzled Investment Funds
Insurance is hitting the market that will protect individual investors if an asset manager or investment adviser embezzles their investment funds. Capital Shield Inc. and Capital Shield Insurance ...
Volvo Will Install In-Car Cameras, Sensors to Prevent Drunk Driving
Swedish automaker Volvo hopes to reinforce its reputation for safety-first driving by installing cameras and sensors in its cars from the early 2020s, monitoring drivers for signs of being drunk or ...
Assaults Are Among the Most Common Workplace Injuries for Women
Women suffer 70 percent of all nonfatal assault-related injuries involving days away from work and are disproportionately impacted by other safety issues, according to an analysis by the National ...
Bayer’s Liability Risks Grow After Second Ruling Linking Roundup Weed Killer to Cancer
Bayer AG slumped after a second major defeat in U.S. litigation over claims that its Roundup weed killer causes cancer, shaving almost $8 billion from its market value and raising the likelihood of a ...
Cyber Attack Strikes Aluminum Maker Norsk Hydro in Europe and U.S.
Norsk Hydro ASA, one of the world's biggest aluminum producers, suffered production outages after a cyber attack affected operations across Europe and the U.S. The company said it was still working ...
Flood Damage Risks Escalate in U.S. Midwest
The Great Plains and Midwest, struggling with flooding that inundated roads and farms and pushed rivers to record heights, is set to get more rain ahead, with light showers forecast over the next few ...
Travel Insurance Claims Could Spike After Grounding of Boeing 737 Max 8 Planes
The grounding of Boeing 737 Max 8 airplanes is likely to cause a spike in travel insurance claims, InsureMyTrip said in a press release. "This is a very rare occurrence and we anticipate that ...