Negotiation Is the Job: Reframing Defense Work in an AI-Enhanced Era
If you're in the business of resolving litigated or non-litigated claims, you're in the business of negotiation.
The math is simple: Most ...
claims severity News
Sharpening the Industry’s Most Overlooked Skill
What is causing increasing claims severity trends, and how should insurance carriers attack the problem?
The questions have been asked ...
U.S. Nuclear Verdicts Break Records and Drive Social Inflation to 7% in 2023: Report
Nuclear verdicts in the United States are breaking records with 27 court cases each awarding compensation of more than $100 million during 2023, according to a compilation published this year. Swiss ...
Report: Auto Insurance Shopping Cools
The quarterly, year-over-year U.S. auto insurance shopping growth rate declined to -1.2 percent in Q3 2023, down from a 5.2 percent increase in Q2 2023, as rate increases and tightening budgets ...
Public Transit Liability Claim Severity Is Rising: Aon
Nationally, public transit systems are seeing a steady increase in liability claim severity, even as ridership declines, according to a new study from Aon. Aon's study found that overall public ...