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Predictive Models Help Valen Analytics Workers’ Comp Clients Outperform Industry Average

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A new study released by Colorado-based Valen Analytics, an Insurity company and provider of proprietary data, analytics and predictive modeling for P/C insurers, revealed that its workers’ compensation customers reported an average of 25 percent loss ratio improvement, nearly double … Source: Claims Journal

Hospitals Rethink Use of Opioids

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A car crash shattered Stuart Anders’ thigh, leaving pieces of bone sticking through his skin. Yet Anders begged emergency room doctors not to give him powerful opioid painkillers – he’d been addicted once before and panicked at the thought of … Source: Claims Journal

South Carolina County Reports 18K Claims Filed After Hurricane Matthew

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Insurance companies have closed 87 percent of the 18,193 insurance claims filed in Beaufort County in the aftermath of Hurricane Matthew, resulting in a payout of more than $159.3 million. News outlets report that South Carolina Department of Insurance Director … Source: Claims Journal

Ohio Creates Database of Homes With Lead Paint Hazards

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The state’s health department has created a list of homes that have serious lead paint problems, but health advocates say the registry represents just a sliver of the state’s hazardous properties. The database includes homes and apartments that have been … Source: Claims Journal

Mexico Police Can’t Keep up With Surge in Car Thefts

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Auto theft rates in Mexico are rising at the fastest pace ever, and authorities are getting worse at tracking down the stolen cars. In March, the number of auto thefts rose 21 percent from the same month a year earlier, … Source: Claims Journal

Travelers’ Sees Reduced Costs, Earlier Return to Work With Early Severity Predictive Model

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A growing economy coupled with an increase in inexperienced workers has contributing to higher severity in workplace injuries, according to Rich Ives, Travelers vice president of workers’ compensation claims. He explained that 27 percent of all workplace injuries occur in … Source: Claims Journal

Ohio Amish Working to Make Buggies Visible, Safer

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Members of an especially conservative Amish group in northeast Ohio are adding more reflective features to their black, horse-drawn buggies to increase visibility after some serious crashes. The Akron Beacon Journal reports 300 Swartzentruber Amish families live in Ashland, Medina … Source: Claims Journal

How the Fyre Festival Went Up in Flames

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Soon after William N. Finley IV got off the bus to the festival grounds late Thursday afternoon, he realized something was very wrong. He’d flown into the Bahamas for the Fyre Festival, a luxury getaway filled with celebrities, yachts, and … Source: Claims Journal

Dodd-Frank Overhaul Could End Consumer Complaint Database

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U.S. consumers filed nearly 300,000 complaints last year about their dealings with banks, credit card issuers and other financial services companies. Most of those complaints were compiled and made available for anyone to see as part of a database administered … Source: Claims Journal

$54M Battle Over Crumbling ‘Superman Building’ Ends up in Court

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A $54 million fight over Rhode Island’s tallest building is headed to court, as jury selection gets underway Tuesday in the legal wrangling between the building’s owner, High Rock Westminster Street, and its former tenant, Bank of America. The skyscraper … Source: Claims Journal