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Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
At least five Florida roofing company employees have recently been arrested for defrauding insurance companies.
The outlook is driven by a host of factors, including rising loss cost severity and increased losses from secondary perils.
Around 15% of all auto premiums paid are used directly to cover undetected fraudulent claims, J.S. Held reports.
U.S.-based companies accounted for 20 of the top 50 largest nonlife insurers worldwide.
Overall, 32% of home, auto and renters policyholders trust the accuracy of AI without human oversight.
The certified insurance service representative designation was designed as an intermediate-level program for customer service representatives.
Strains are the most common retail worker injury, accounting for 26% of workers' comp claims and nearly 30% of claim payouts.
Google Cloud expects cyber rates to moderate, while other cyber experts anticipate further tightening of policy terms.
Over the summer, double extortion became the standard operating procedure for ransomware gangs, BlackBerry reports.
Nearly 70% of young employees indicated they would consider leaving a company if digital experience expectations were unmet.