Archive for March 2016

As workers’ compensation fraud costs top out at an estimated $7.2 billion a year, according to the National Insurance Crime Bureau, insurers are looking at ways to combat the crime. There are several warning signs that a workers’ compensation claim … Source: Claims Journal

People aren’t just multi-tasking at work and home; a new analysis shows they’re also doing double duty while driving. Erie Insurance analyzed social media data to coincide with Distracted Driving Awareness Month and gain insight into what drivers are doing … Source: Claims Journal

Insuring clauses of many insurance policies obligate the insurance company to indemnify the insured for sums that the insured is “legally obligated to pay as damages …” Long ago, insurance company challenged covenants not to execute that were used as … Source: Claims Journal

Truck drivers who have obstructive sleep apnea and who do not attempt to adhere to a mandated treatment program have a fivefold increase in the risk of a severe crash, according to a new study co-authored by Virginia Tech Transportation … Source: Claims Journal

A report says New Hampshire’s coastal communities’ exposure to future flood risks is significant, and now’s the time to plan to minimize that. The New Hampshire Coastal Risk and Hazards Commission spent 2 1/2 years looking at areas vulnerable to … Source: Claims Journal

Recently published U.S. Centers for Disease Control and Prevention guidelines effectively address the epidemic of prescription opioids in the initial treatment of chronic pain. However, workers’ compensation insurers, claims managers, employers and beneficiaries may be scratching their heads about application … Source: Claims Journal

A new study of the property insurance costs for wood frame and concrete mid-rise residential buildings conducted by GLOBE Advisors and released by the Concrete Council of Canada reveals a substantial gap in the risks and insurance rates between the … Source: Claims Journal

Going for Gold was the theme of the annual Combined Claims Conference held in Orange County, California, earlier this month. The theme was selected, according to Caryn Siebert, conference chairperson, because “claims professionals are really the champions of the insurance … Source: Claims Journal

Hundreds of millions of dollars in settlements and fines over unintended acceleration in Toyotas and faulty ignition switches in General Motors’ vehicles provide a glimpse of what consumers and the government might get from Volkswagen for cheating on diesel emissions, … Source: Claims Journal

Long after Johnstown’s rivers receded in 1936, a so-called “temporary” liquor tax to aid the city’s recovery has remained – even though it has been nearly 80 years since it’s been used to benefit Johnstown or any statewide flood relief. … Source: Claims Journal