Posts by Y@DminG
Clinton Email Server Open to Cyber Attack
The private email server running in Hillary Rodham Clinton’s home basement when she was secretary of state was connected to the Internet in ways that made it more vulnerable to hackers while using software that could have been exploited, according … Source: Claims Journal
Read MoreInsurers Handling California Wildfire Losses Agree to Claim Handling Reforms
Insurers handling wildfire damage from the Valley and Butte wildfires last month in Northern California has agreed to a claims handling process to help fire victims begin their recovery more quickly, Insurance Commissioner Dave Jones announced on Wednesday. More than … Source: Claims Journal
Read MoreYork Risk Services Acquires Quick Cat
York Risk Services Group, a claims management, managed care and risk management services provider, announced it has expanded it’s national catastrophe claims response capabilities with the acquisition of Missouri-based Quick Cat LLC. Quick Cat provides commercial daily and catastrophe claims … Source: Claims Journal
Read MoreProperty Casualty Medical Fraud, Waste Rampant
Fraud continues to be problem for the insurance industry and medical fraud, in particular, is growing according to Andy Tolsma, solutions manager for the P&C Medical Fraud payments accuracy division for Verisk Health. Industrywide 10 percent of all P&C have … Source: Claims Journal
Read MoreHamilton USA CEO Resigns; Deutsch Will Serve as Interim Head
Hamilton USA CEO Conan Ward has resigned less then two years after taking on the job to develop Bermuda-based parent company Hamilton Insurance Group’s U.S. operations. Hamilton Insurance Group issued a short statement noting that Ward – a former reinsurance … Source: Claims Journal
Read More1 in 5 Small Businesses Would Allow Medical Marijuana Use While at Work
Now that marijuana has become legal in 24 states for medicinal or recreational purposes, a new telephone poll by Employers, a national small business insurer, found that small businesses have mixed feelings about its presence in the workplace. One in … Source: Claims Journal
Read MoreInvestigation Finds Buk Missile Downed MH17 in Ukraine
The missile that downed Malaysia Airlines flight 17 exploded less than a meter from the cockpit, killing the crew inside instantly and breaking off the front of the plane, the Dutch Safety Board said Tuesday as it presented the results … Source: Claims Journal
Read MoreStudy Reveals Workers’ Comp Medical Cost Drivers and Impact of Reforms in 17 States
The factors behind trends of medical payments per claim in state workers’ compensation systems and the impact of legislative and regulatory changes on those costs are examined in a new set of studies released by the Mass.-based Workers Compensation Research … Source: Claims Journal
Read MoreNew Research Center Funded by $12.2M Grant to Focus on Power Grid Cybersecurity
The U.S. Department of Energy is providing a $12.2 million grant to the U of A and research partners to protect and strengthen the power grid. University of Arkansas engineering researchers, focused on solid-state solutions to upgrade the U.S. power … Source: Claims Journal
Read MoreFlorida Man Arrested For Stealing Nearly $100,000 From Elderly Hurricane Sandy Victim
A Naples, Fla., man was arrested earlier this month for allegedly stealing two insurance claim payments totaling more than $96,000 from an elderly New Jersey business owner. The Florida Division of Insurance Fraud, which operates under the direction of Chief … Source: Claims Journal
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