Claims and Costs News

California Train Agency Fined $650,000 for Worker Deaths

Regulators fined the San Francisco Bay Area’s transit agency $650,000 on Thursday for safety failures that led a commuter train to strike and kill two workers inspecting track five years ago during a union strike. The California Public Utilities Commission …

How Data & Analytics Are Helping Insurers With Flood-Damaged Vehicles After Florence

Initial estimates of the damage caused by Hurricane Florence are expected to total approximately $20 billion, as residents of the Carolinas and Virginia are faced with cleanup and recovery. The Carolinas experienced historic flood levels, according to Moody’s Analytics. Mark …

4 Tips to Successfully Use Social Media Discovery to Prove Insurance Fraud

Fraud steals $80 billion a year across all lines of insurance, according to the Coalition Against Insurance Fraud. The number of fraud cases has been rising over the last few years, primarily because of the increase of “soft” insurance fraud, …

NCCI: ACA Had No Major Impact on Monday Workers’ Comp Claims

A new research brief released by the National Council on Compensation Insurance (NCCI) examines Monday claims –claims of worker injuries thought to be unrelated to their jobs and likely happening on the weekend – and whether the Affordable Care Act …

Texas Workers’ Comp Study Finds Worker Access to Medical Care Improved

The Texas Department of Insurance, Division of Workers’ Compensation reported in a newly released study that access to medical care for injured workers has improved slightly and that a high rate of doctors who treat workers’ comp patients has remained …

Texas City Drops Workers’ Comp Suit Against Firefighter With Cancer

The city of Austin, Texas, has dropped a lawsuit challenging the determination by state workers’ compensation officials and an appeals panel that a firefighter diagnosed with cancer is eligible for workers’ comp benefits. According to the Austin Firefighters Association, Lt. …

NCCI Examines $10M and up Mega Claims in Workers’ Comp

Mega workers’ comp claims – losses exceeding $10M – jumped in 2016, according to a new report by the National Council on Compensation Insurance (NCCI). According to Tony DiDonato, author of the research brief, it’s unclear if this is a …

Insurers Consider Florence Claims Costs

Days before Hurricane Florence is expected to slam into the U.S. East Coast, insurers are starting to see potential claims costs tick upward as people flee and companies halt operations. Evacuations, already affecting more than 1 million people in and …

Lighter, Cheaper Smart Clothing Shows Potential in Injury Rehab, Prevention

Clothing and footwear that detect human movement could soon become the preferred fashion choice for people recovering from injuries or trying to avoid them as the technology is becoming lighter and less expensive. A team of engineers at the University …

Consumers Increasingly Favor Digital Methods to Complete Key Insurance Tasks

A new survey from the Insurance Research Council (IRC) finds that while phone calls remain the most common method consumers use to manage their auto insurance, many consumers are eager to use digital methods to accomplish the same tasks. Sixty-nine …