The story of big data — the oceans of data that modern technology generates — in some ways presents a modern cliffhanger. Now that we have access to all of that data, what will we do with it? Actuaries heard … The post Valuable Information That Aids Claims, Underwriting Gleaned From Big Data appeared first…

While car thefts are declining across the country, the thefts of some parts and accessories are proving to be a lucrative business for professional thieves. In the Detroit area, it’s become a huge problem that‘s costing consumers, insurance companies, car … The post As Vehicle Thefts Decline, Incidence of Stolen Car Parts Rise appeared first…

Dino Lanno has been named the new senior vice president of Safelite Solutions, a multi-faceted claims management service organization provider for the fleet and insurance companies. In this role, he is responsible for strategic and national account sales and client … The post Lanno Appointed New Senior Vice President of Safelite Solutions appeared first on…

Minnesota has added new powers to lodge civil actions against insurance fraudsters and kick swindlers out of the insurance system, the Coalition Against Insurance Fraud announced. The strong anti-fraud measures became law when Gov. Mark Dayton signed a larger omnibus … The post New Law in Minnesota Adds More Anti-Fraud Measures appeared first on Claims…

EagleView Technology Corporation, a technology provider of aerial imagery, data analytics and GIS solutions, announced that it has entered into a definitive agreement to be acquired by Vista Equity Partners, a private equity firm focused on software, data and technology-enabled … The post Vista Equity Partners to Acquire EagleView Technology appeared first on Claims Journal.…

It seems there’s nowhere to hide these days from cyberattacks. Major breaches have exposed critical data at banks, retailers, health care providers and the government, as evidenced by word this month that hackers compromised personal information of at least 4 … The post eBay Security Chief Outlines 3 Main Drivers of Hacker Activity appeared first…

At the insistence of U.S. safety regulators, Honda is adding more than a million of its most popular vehicles to a growing recall for airbags that can explode with too much force. The company said Monday it’s expanding a previous … The post Honda Adds 1M Civics, Accords to Passenger Airbag Recall appeared first on…

In a report released last week, the National Transportation Safety Board outlined the life-saving benefits of currently available collision avoidance systems, and recommended that the technology become standard on all new passenger and commercial vehicles. “You don’t pay extra for … The post NTSB Calls for Collision Avoidance Systems to be Standard on All Vehicles…

Indemnity benefits per claim with more than seven days of lost time in Georgia were among the highest of the 17 study states and the main contributor to the higher total costs per claim in the state, according to a … The post Indemnity Benefits Key Cost Contributor in Georgia Workers’ Comp System appeared first…

In Abbey/Land, LLC v. Interstate Mechanical, Inc., 378 Mont. 372, 345 P.3d 1032 (2015), the Court held that an insurance company has the right under Montana law to intervene in order to present its arguments and evidence concerning the reasonableness … The post Right to Intervention Upheld by Montana Supreme Court appeared first on Claims…