News
The current system of calculating motor insurance premiums places importance on driver-related factors such as age, gender and driving record. However, the introduction of autonomous vehicles will turn the spotlight on vehicle-related parameters. As the motor insurance business goes through … Source: Claims Journal
A total of 42,856 motorcycles were reported stolen in 2014 compared with 45,367 reported stolen in 2013—a decrease of six percent, according to a just released National Insurance Crime Bureau (NICB) report. The report on motorcycle thefts in the United … Source: Claims Journal
For all the black robes and ceremony, the American legal system often operates more like a factory assembly line than a citadel of individualized justice. Ninety-five percent of criminal prosecutions end in plea deals. Many defective product claims settle in … Source: Claims Journal
While satisfaction with the auto insurance claims process is lower among Gen Y—also known as “Millennials”—claimants than among their older counterparts, their satisfaction is improving, according to the newly released J.D. Power 2015 U.S. Auto Claims Satisfaction Study. The study … Source: Claims Journal
As Hawaii’s rooftop solar industry continues to grow, more contractors are being hit with fines relating to fall protection violations. Half the state’s top 10 contractors have had to pay fines for fall protection violations over the past five years, … Source: Claims Journal
Technological breakthroughs in wearable technology are revolutionizing healthcare, particularly the well-being and independence of individuals with serious injuries. Using wearable technology in the workers’ compensation industry could profoundly impact overall claims costs, significantly improve the quality of life for seriously … Source: Claims Journal
Facebook Inc. won dismissal of a $15 billion lawsuit accusing the company of secretly tracking the Internet activity of its users after they log off. U.S. District Judge Edward J. Davila in San Jose, California, on Friday agreed with Facebook’s … Source: Claims Journal
About half of all surgeries involve some kind of medication error or unintended drug side effects, if a new study done at one of America’s most prestigious academic medical centers is any indication. The rate, calculated by researchers from the … Source: Claims Journal
The city of Cleveland, Ohio, failed to inspect at least half the homes or apartments where children with lead poisoning live, and when city inspectors did investigate and identify a hazard it got fixed less than half the time, according … Source: Claims Journal
When Google-parent Alphabet Inc. reported eye-popping earnings last week its executives couldn’t stop talking up the company’s investments in machine learning and artificial intelligence. For any other company that would be a wonky distraction from its core business. At Google, … Source: Claims Journal