Body Shop Owners Rank Carriers on Claims February 5, 2020 By Jim Sams Auto body shop owners may know better than anybody how well insurance companies take care of their customers. A report...
Viewpoint: Does Artificial Intelligence Know Who’s Barn is the Next to Burn Down? January 31, 2020 By Tom Quirk I shudder at the thought that an algorithm developed by artificial intelligence will allow the insurance industry to no longer...
Insurers Help Design Luxury Homes to Mitigate Disaster Losses September 3, 2019 By Suzanne Barlyn Bruce Gendelman wanted a mountainside retreat when he bought 12 acres in Aspen, Colorado. But forest fires that have torched...
Ransom Demands Increasing as More Virulent Viruses Emerge April 16, 2019 By Jim Sams The average ransom paid to cyber criminals nearly doubled to $12,762 per incident in the first quarter of 2019, compared...
Costs of Cyber Attacks Can Doom Small, Medium Firms: Chubb February 22, 2019 The average price tag for a business to recover after a cyber attack is $400,000, which can be fatal for...
Insurers Dispatch Wildfire Crews to Save California Homes November 14, 2018 By Katherine Chiglinsky and Claire Ballentine California’s raging wildfires are so bad that American International Group Inc., Chubb Ltd., and PURE are deploying teams of specialists...
Business News: Frankenmuth, Next, Tokio Marine, Chubb November 1, 2018 Frankenmuth Insurance Introduces Photo-Based Estimating Frankenmuth Insurance’s Michigan policyholders will now be able to take photos of vehicle damage and...
Weinstein Insurers Balk at Paying Legal Bills July 31, 2018 By TOM HAYS Harvey Weinstein is locked in a messy battle with insurance companies over his steadily mounting legal bills. The insurance giant...
Insurers’ Drone Use Picks up After 2017 Hurricane Season July 19, 2018 By Denise Johnson Insurers’ use of drones to inspect property claims came into full swing in 2017, after the FAA began issuing permission...
Weinstein Seeks Jurors’ Ruling on Sex Assault Insurance Coverage June 19, 2018 By Jef Feeley Harvey Weinstein wants jurors to decide whether Chubb Ltd. and other insurers are acting in “bad faith” by refusing to...