Uncategorized
Fraud News: Fake Property Claim, Staged Crashes and Workers’ Comp Fraud
Mississippi Woman Arrested for Insurance Fraud A woman has been arrested for allegedly trying to defraud an insurance company by claiming her property was destroyed in a fire at her home in Mississippi. Attorney General Jim Hood, in a news … Source: Claims Journal
Read MoreFormer Worker Says Tesla’s Firing Denied Him Lucrative Shares
A former Tesla Inc. factory worker filed a lawsuit alleging the automaker fired him a day before his one-year anniversary, denying him hundreds of thousands of dollars worth of stock options that he claims should have vested. Stephen Platt – … Source: Claims Journal
Read MoreTechnology Gains Over the Years Improved Catastrophe Claims Response
Claims handling has come a long way in 30 years. Just ask Randall Beal, manager of the field technical unit for American Modern Insurance Group. He began working in claims in the early 1980s, when his toolkit consisted of a … Source: Claims Journal
Read MoreAfter Irma’s $1B Damage Puerto Rico Braces for Maria
Two weeks ago, Puerto Rico was spared a devastating hit when Hurricane Irma ripped up the Caribbean. This time, it may not be so lucky. The bankrupt island, already contending with the aftermath of a storm that left as much … Source: Claims Journal
Read MoreStudy Finds Small Drones Unlikely to Cause Major Head Injuries
The small, popular drones flooding the commercial market are unlikely to cause severe head injuries if they fall out of the sky and strike people, a new study has concluded. The results are similar to findings earlier this year by … Source: Claims Journal
Read MoreState Budgets Strained by Natural Disaster Costs
A summer of natural catastrophes, from epic hurricanes to scorching wildfires, has exposed another peril in disaster-prone states: How to pay for the rescues, repairs and rebuilding. The combined tab from Hurricanes Harvey and Irma is expected to hit $200 … Source: Claims Journal
Read More4 Ways Machine Learning Can Help Workers’ Comp Claims Teams
You may have heard some buzz about machine learning (ML), but what exactly is it? And, more importantly, how does it relate to you? ML essentially refers to the phenomenon of computers and other devices that appear to be intelligent … Source: Claims Journal
Read MoreHarvey Recovery Czar Faces Limits in Texas Disaster Mitigation
The man tasked with overseeing Texas’ Hurricane Harvey rebuilding efforts sees his job as “future-proofing” before the next disaster, but he isn’t empowered on his own to reshape flood-prone Houston or the state’s vulnerable coastline, which has been walloped by … Source: Claims Journal
Read MoreMan Burned by Caustic Beer at N.J. Casino Eatery Awarded $750,000
A man whose esophagus and stomach were severely burned when he drank a beer tainted by a caustic chemical at an Atlantic City casino restaurant has been awarded $750,000. A jury on Friday awarded the man, Richard Washart, $650,000 for … Source: Claims Journal
Read MoreCoastal Growth in U.S Continues Despite Past Storm Lessons
Rising sea levels and fierce storms have failed to stop relentless population growth along U.S. coasts in recent years, a new Associated Press analysis shows. The latest punishing hurricanes scored bull’s-eyes on two of the country’s fastest growing regions: coastal … Source: Claims Journal
Read More