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Getting Claim Costs Under Control: Improve Your Loss Ratio Using These Proven Fundamentals

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The property/casualty industry is undergoing significant challenges with increased claim severity in liability and physical damage claims. These increases are outpacing inflation and rate adequacy. According to the Insurance Information Institute, in 2009 the average private passenger auto bodily injury … Source: Claims Journal

Concerns Arise Over Safety of Uber Versus Taxi Rides

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The deadly shooting rampage in Kalamazoo, Michigan, raises anew a question that has dogged Uber and other taxi competitors: Their rides may be cheaper and more convenient than a cab, but are they as safe? It’s not just whether Uber’s … Source: Claims Journal

Maryland Conviction in Fatal Crash Reversed on Insurance Technicality

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A West Virginia woman sentenced to a year in jail for a crash that killed a 5-year-old girl has had her conviction reversed because Maryland has no criminal penalty for drivers of uninsured, out-of-state vehicles. The Herald-Mail reports that Washington … Source: Claims Journal

Trust in Robots During Emergencies May Not Be Wise

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In emergencies, people may trust robots too much for their own safety, a new study suggests. In a mock building fire, test subjects followed instructions from an “Emergency Guide Robot” even after the machine had proven itself unreliable – and … Source: Claims Journal

Insurance Labor Study Highlights Continued Staffing Growth, Low Unemployment

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According to the latest iteration of the Semi-Annual U.S. Insurance Labor Study conducted by The Jacobson Group and Ward Group, a part of Aon Hewitt, a business unit of Aon plc, 66.3 percent of companies polled intend to increase staff … Source: Claims Journal

California Gas Company Faces New Rules After Methane Leak

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The gas-storage facility that spewed methane uncontrollably for almost four months, driving thousands of families from their homes, won’t resume operations until it has undergone tougher tests than ever required before, a process that will take months and perhaps even … Source: Claims Journal

Sea Levels Have Risen Much Faster Than Any Other Time in Past 2,800 Years

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Sea levels on Earth are rising several times faster than they have in the past 2,800 years and are accelerating because of man-made global warming, according to new studies. An international team of scientists dug into two dozen locations across … Source: Claims Journal

Indianapolis Man Connected to House Blast Insurance Fraud Scheme Convicted

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An Indianapolis, Ind., man was convicted of murder, arson and insurance fraud on Wednesday for his role in a 2012 house explosion that killed two neighbors and devastated a subdivision in the southern part of the city. Jurors convicted Bob … Source: Claims Journal

Vehicle Accident Reconstruction Technology: Finding New Roads to Trial Presentations

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In the brief and fleeting instant a vehicle accident occurs, so many things happen so quickly that it is virtually impossible for those involved, including witnesses, to fully process  everything until after the fact.  Each witness’ account of the accident … Source: Claims Journal

Coast Guard Testimony Reveals Uncertainty That El Faro was Sinking

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When an initial report arrived saying the captain of the cargo ship El Faro had called ashore for help, the U.S. Coast Guard didn’t believe the vessel was at risk of sinking and later had software problems while preparing a … Source: Claims Journal