Technology’s Promise and Drawbacks Among Top Claims Stories for 2019 December 31, 2019 By Jim Sams Technology — both its promise and its alleged abuse — was a key component of the most important news stories...
Travelers Profit Misses on Higher Reserves for Claims October 22, 2019 Insurer Travelers Cos Inc reported a lower-than-expected quarterly profit on Tuesday as it bolstered its reserves to cover asbestos-related and...
Carriers Demonstrate Insuretech Innovations that Simplify Adjusting September 26, 2019 By Jim Sams LAS VEGAS — The theme on the opening day of the InsureTech Connect conference was that the insurance industry is...
Business News: Davies Group, Marsh, Travelers and Hover, Purkeys September 18, 2019 London-Based Davies Buys US Claims Shop Davies Group, an international consulting firm based in London, has acquired Frontier Adjusters, a...
Business News: Travelers, VenAssure, Sedgwick Make Announcements August 8, 2019 Travelers Paying Claims with PayPal Travelers has launched a new service that allows auto, property and general liability policyholders to...
3rd Circuit: Policy to Limit Extended Transportation Expenses May be Bad Faith August 6, 2019 By Jim Sams Kyle and Marie Stechert say they rushed to buy another car after their vehicle was “totaled” in an accident because...
Travelers Bulks Up Wildfire Protection After Deadly 2018 Blazes June 13, 2019 Travelers Cos. is strengthening its wildfire-defense efforts after deadly blazes swept through California last year. The insurer is adding a...
North Carolina Schools Reach $10M Insurance Claims Settlement for Tornado Damage June 5, 2019 More than a year after a tornado struck, a North Carolina school system says it’s reached a $10 million settlement...
Insurers Dabbling with Smart Home Tech, but No Winning Model has Emerged May 10, 2019 By Jim Sams An instinct for self-preservation has carriers dipping their toes into the smart home technology space, but no U.S. insurer has...
Lyft and Uber Fly to Hawaii to Build Their Own Captive Insurers March 19, 2019 By Katherine Chiglinsky and Max Abelson Ride-sharing giants Lyft Inc. and Uber Technologies Inc. seem to have found the same solution for dealing with the risks...