To remain competitive in the marketplace, all workers’ compensation carriers will need to adopt some form of analytics, according to...
Claims and Costs News
Recently, Lemonade reported a claim handling world record. The insurer reported a claim settlement speed record – 3 seconds and...
Insurance carriers today are struggling to keep up with the rising cost of third party auto claims. While there are...
Earthquakes, hail, thunderstorms and Hurricane Matthew resulted in the largest insurance losses in 2016. Total economic losses from natural catastrophes...
In 2016, Texas suffered through another costly year of weather-related losses for homeowners and autos. Looking only at loss information...
Better performing workers’ comp claims organizations utilize key performance indicators, data analytics and an advocacy-based model to successfully manage claims,...
Hurricane Matthew, which threatened four coastal states as it corkscrewed through the Atlantic in early October, caused an estimated $110...
In a recent online poll about experiences with auto injury insurance claims, almost half of respondents with auto injury claims...
Reductions in emergency room visits and total claim costs prompted EMPLOYERS, a small business insurance specialist, to expand its Injured...
Several challenges unique to workers’ compensation claims highlight the benefits of a robust data analytics system, according to a panel...