Claims / Legal
Hiscox Dishes the Details on Small-Company Employee Theft
Employee theft costs U.S. companies with less than 500 people a median loss of $280,000 annually, affecting a wide range of industries, specialist insurer Hiscox found in a new report. What's more, ...
Amtrak Train in Fatal Accident Reportedly Traveled Twice the Speed Limit
The New York-bound Amtrak train that derailed in Philadelphia, killing seven and injuring more than 200, was traveling at about 100 miles per hour, twice the speed limit, according to an official ...
The Hidden Cost of Standing Still: Legacy Platforms Slow Growth and Halt the Shift to AI-Enabled Insurance Business
Presented by Majesco
There is a hidden disease that is killing insurers — the disease of legacy technology. The problem is a matter...
Coalition Demands Well Moratorium in Oklahoma Quake Areas
A coalition of environmental and grassroots organizations is calling for a moratorium in Oklahoma on the use of wastewater disposal wells by the oil and natural gas industry in areas where they may ...
Hospital Plaintiff Joins ‘Superbug’ Lawsuit Against Endoscope Maker Olympus
A Seattle hospital has joined a lawsuit against the manufacturer of endoscopy medical scopes linked to a "superbug" outbreak at the medical center, claiming the company, Olympus America Inc., put ...
First Licensed Autonomous Freight Truck Hits the Road in U.S.: Daimler
In a ceremony at Hoover Dam last week, Daimler Trucks North America (DTNA) unveiled the Freightliner Inspiration Truck, what it says is the first licensed autonomous commercial truck to operate on an ...
Driverless Car Tests Marred by Accidents in California
Four of the nearly 50 self-driving cars now rolling around the state of California have gotten into accidents since September, when the state began issuing permits for companies to test them on ...
Jury Favors Deloitte in Trial Alleging Faulty Audit Before Insurance Company Collapse
The question loomed for years: Was Deloitte & Touche LLP liable for allegedly faulty audits of Florida's Poe Financial Group, whose three property insurance subsidiaries went insolvent after a ...
Insurers See Impact from Wearables Within Two Years: Accenture Survey
Nearly two-thirds of insurers expect wearable technologies to have a significant impact on the industry, according to a survey in Accenture's annual Technology Vision report. The survey of more than ...