Claims / Legal
Climate-Change Deal Includes Insurance Provision, Avoids Liability and Compensation
The world's nations took the boldest steps yet to stem climate change, adopting an historic package of measures to limit fossil-fuel pollution and establish a mechanism to step up the reductions for ...
El Nino Aside, a Snowy, Arctic Blast is Still Possible
The eastern U.S. has been pretty warm the past few days and is forecast to get even warmer. That's the kind of thing one would expect with one of the strongest El Ninos in the past 65 years under way ...
For carriers and MGAs, cloud-hosted insurance platforms can reduce IT overhead, strengthen business continuity, improve security, and make scaling claims...
Workers Compensation Reform May Already be Improving CA Claims Costs
Workers compensation reform legislation in California may already be making a dent in claims costs. Medical payments in the state – the largest for workers compensation insurance – dipped 5 ...
Fiat Chrysler Ordered to Pay $70M Over Auto Safety Reporting Lapses
The U.S. Department of Transportation said Thursday it is fining Fiat Chrysler Automobiles NV $70 million for failing to report vehicle crash deaths and injuries since 2003. The Italian-American ...
Industry Catastrophe Prep Largely Up to Snuff But More IT Staff Needed
With nearly universal use of catastrophe plan manuals, property/casualty insurers are largely ready to manage catastrophe claims operations, a new benchmarking report says. But like anything else, ...
The Three Metrics That Matter Most for Managing Litigated Claims Costs
Insurers place major importance on measuring the costs for litigated files, according to a new LexisNexis industry survey. A sizable majority of respondents say that metrics such as average case ...
Back to the Future: How Claims Execs Can Use Analytics to Become Experts on Their Pasts
Claims and legal executives have never felt more pressure to focus on the future. You're constantly being told to innovate. You keep hearing it: If you don't use technology to predict the future, ...
Uber Drivers’ Lawsuit Got Significantly More Costly
Uber Technologies Inc. drivers seeking to be treated as employees won a ruling that adds tens of thousands of them to the case and may put hundreds of millions of dollars more at stake. A judge's ...