Chubb has expanded its North America claims leadership team with two appointments: Bill Hazelton has been named head of Chubb North America Claims, and Megan Watt has been appointed to a newly created leadership role, head of North America Complex …
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 …
Auto body shop owners may know better than anybody how well insurance companies take care of their customers. A report card released this week by an industry publication suggests that if you’re looking for exceptional results, don’t look to the …
I shudder at the thought that an algorithm developed by artificial intelligence will allow the insurance industry to no longer spread the risk among all policyholders, but stick it to the few whom the data points identify as the most …
Bruce Gendelman wanted a mountainside retreat when he bought 12 acres in Aspen, Colorado. But forest fires that have torched nearby land in recent years left him concerned. So Gendelman, who runs an insurance brokerage, tapped into a program that …
The average ransom paid to cyber criminals nearly doubled to $12,762 per incident in the first quarter of 2019, compared to $6,733 during the fourth quarter of 2018, according to a report released today by Coveware, a cybersecurity firm based …
The average price tag for a business to recover after a cyber attack is $400,000, which can be fatal for small-and-medium-sized enterprises (SMEs), according to a report published by Chubb. This hefty cost of repairing the business and its reputation …
California’s raging wildfires are so bad that American International Group Inc., Chubb Ltd., and PURE are deploying teams of specialists and former firefighters to spray retardants on homes. The season may soon rank among the industry’s most costly. The latest …
Frankenmuth Insurance Introduces Photo-Based Estimating Frankenmuth Insurance’s Michigan policyholders will now be able to take photos of vehicle damage and submit them for estimate creation, without the need for a physical inspection or shop appointment. The new service allows the …
Harvey Weinstein is locked in a messy battle with insurance companies over his steadily mounting legal bills. The insurance giant Chubb and other carriers that wrote liability policies for Weinstein and his film company are arguing in court that they …