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Drivers Rely on New Auto Safety Technologies Despite Limitations
More and more, drivers are recognizing the value in having vehicles with advanced driver assistance systems (ADAS) like blind spot monitoring systems, forward collision warning and lane keeping assist. However, while many of these technologies are rapidly being offered as … Source: Claims Journal
Read MoreNCCI: ACA Had No Major Impact on Monday Workers’ Comp Claims
A new research brief released by the National Council on Compensation Insurance (NCCI) examines Monday claims –claims of worker injuries thought to be unrelated to their jobs and likely happening on the weekend – and whether the Affordable Care Act … Source: Claims Journal
Read MoreStudy Indicates Texas Will Experience 100-Year Rain Events More Frequently
Decades of additional weather data have led federal officials to reconsider rainfall totals in Texas that define 100-year weather events and caution that extreme rainstorms will strike the state more frequently. The National Oceanic and Atmospheric Administration on Thursday released … Source: Claims Journal
Read MoreU.S. House Approves $1.7B Disaster Aid Package for Carolinas
The House on Wednesday overwhelmingly passed legislation that would provide $1.7 billion to help residents of the Carolinas and elsewhere recover from recent natural disasters. The aid was added to legislation to keep Federal Aviation Administration programs running beyond month’s … Source: Claims Journal
Read MoreThe Hartford: 25% of Americans Own a Side Business, Most Go Unprotected
A new survey from The Hartford found that 25 percent of Americans, which equates to approximately 57 million people, own a side business (a business that is not their primary source of income). The majority of side business owners surveyed … Source: Claims Journal
Read MoreFraud News: Chiropractor Billing Scheme, Scammers Change Auto Policies
Colorado Woman Gets 2 Years in $5 Million Medical Billing Scheme A Colorado woman has been sentenced to about two years in federal prison for fraudulently billing insurance companies for $5 million by using unsuspecting chiropractors in the Louisville area. … Source: Claims Journal
Read MoreBusiness News: Starr, Roost, FCBI
Starr Insurance Companies Introduces New Product to Fill Construction Liability Gap Starr CIP Enterprise, a mono-line general liability construction wrap-up insurance policy, was introduced by Starr Insurance Companies. The new product is designed for property owners and contractors who need … Source: Claims Journal
Read MoreThe Art of Creating a Physician Peer Review Panel
Creating a physician peer review panel is like solving a puzzle – it comes together only after reviewing the landscape, discerning what is important, and identifying what resources are available. As in most industries, a problem or opportunity in the … Source: Claims Journal
Read MoreBuildFax: Roof Age Inaccuracy Could Impact Reinsurance Negotiations
BuildFax, a provider of property condition and history insights for the largest insurance and financial institutions, released a report on remodeling trends following Hurricane Irma that could impact this year’s annual catastrophe reinsurance negotiations for Florida carriers. Following more than … Source: Claims Journal
Read MoreLike its Buildings, U.K. Insurers’ Shares Are Sinking
Just like a lot of British houses this summer, U.K. insurance stocks are sinking. The country’s nonlife insurers sector had its steepest drop in more than a year-and-a-half on Friday after its biggest constituent, RSA Insurance Group Plc, warned this … Source: Claims Journal
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