Archive for February 2020

Fee Schedule Change Shifted Spending to Primary Care California’s conversion of its fee schedule to the system used by Medicare increased the share of dollars spent on primary care while reducing the share spent on specialists, meeting a key goal … Source: Claims Journal

Self-driving cars aren’t here yet, but Advanced Driver Assist Systems (ADAS) are widespread. These systems can independently warn drivers of potential risks, steer, brake and accelerate. Accident reconstruction experts can already see the influence of ADAS in the crash data … Source: Claims Journal

The culture at technology startups like Uber, Airbnb and PayPal is all about risk-taking. They start by offering a unique, untested or reimagined product or service or by disrupting an industry’s established production, distribution or sales methods. To succeed long-term, … Source: Claims Journal

SAN DIEGO — A labeling error caused a woman infected with the novel coronavirus to be mistakenly released from a hospital but the oversight was noticed as she was returning to a San Diego military base where more than 200 … Source: Claims Journal

NEW YORK — Opponents of Philadelphia Energy Solutions’ bankruptcy plan have vowed a long legal fight if a federal court this week approves a sale that would keep the largest East Coast oil refinery permanently shut while paying out bonuses … Source: Claims Journal

LONDON, Feb 13 — Businesses looking to buy cancellation insurance for events around the world will not be able to get cover for the new coronavirus outbreak, industry sources said, as insurers rush to exclude the epidemic from their policies. … Source: Claims Journal

PG&E Corp. told a federal judge it opposes his proposals to intervene in the company’s wildfire prevention efforts after it admitted to not fully complying with the terms of its criminal probation. The bankrupt northern California utility’s pushback is a … Source: Claims Journal

A luxury yacht owned by hedge fund manager Daniel Loeb damaged a pristine reef atoll in Belize near the famous Great Blue Hole, a popular diving site. The 200-foot (61 meter) Samadhi, owned by Third Point founder Loeb, was filmed … Source: Claims Journal

Now that most major carriers are selling usage-based car insurance, one of the pioneers in that sector is selling its technology to other carriers as a claims management tool. San Francisco-based Metromile announced this week that Tokio Marine Holdings had … Source: Claims Journal

A fire broke out early Wednesday at Exxon Mobil Corp.’s Baton Rouge oil refinery in Louisiana, halting production at the fifth-biggest fuel-making plant in the U.S. The outage at the massive complex — which supplies fuels across the southeast U.S. … Source: Claims Journal