Claims Journal
 
 

Claims Headlines for July 14, 2021

 
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Remote Working Causes Cyber Attacks to Skyrocket, Says Financial Stability Board

Financial firms may need to bolster their defenses in the face of rocketing cyber attacks after employees began working from home, the...
 

U.S. Initiates Emergency Crop Insurance Procedures in States Hit by Extreme Drought

Responding to extreme drought conditions in parts of the country, the U.S. Department of Agriculture (USDA) is authorizing emergency...
 

Suits Over New York Police Handling of 2020 Racial Protests to Proceed

A federal judge rejected a request by New York City to dismiss lawsuits claiming police violated the constitutional rights of people...
 

Actor Cohen Sues Cannabis Firm for $9M Over Use of 'Borat' Image on Billboard

Film and television actor Sacha Baron Cohen, best known for his movie character Borat, is suing a Massachusetts cannabis firm for $9...
 

Whistleblowers File $5M Claims Against Seattle Over Handling of Mayor's Texts

Two now-former public records officers who blew the whistle about Seattle Mayor Jenny Durkan's missing text messages have each filed $5...
 

Dow Chemical Faces Potential Class Action Over Pesticide Tied to Brain Damage

Lawsuits filed in California seek potential class-action damages from Dow Chemical and its successor company over a widely used bug...
 

Elsa Insured Losses Estimated to Be $290M

Total estimated insured losses on land from Hurricane Elsa will be around $290 million. About $240 million of that was from wind and...
 
 
 
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Research and Webinars

 
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An AI Approach to Streamline the Claims Process and Create Efficiencies in the Insurance Industry

Claims adjusters and field adjusters in the insurance industry have come to expect claims information and transcripts be readily...
 
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Closed claim file exam reveals significant opportunity to reduce losses.

Roughly 15% of paid claims dollars with recovery potential are overlooked each year, leaving millions of dollars left...
 
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Roadmap Plan to Bring Successful Digital Payments to Market

The pandemic has transformed the way the insurance industry does business. The rapidly evolving digital economy and consumer...
 
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Maximize the claimant experience without disrupting your back office

"Delivering payments immediately – to claimants and third-party providers – is an area that offers great opportunity...
 
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Editor's Picks

 

Health Workers Dealing with Shock of Virus Fight, Uneasiness in Current Quiet

Outside a back door to a hospital where the coronavirus hit like a hurricane, a half-dozen staffers gathered recently to look back, and...
 

Rising Claims, Feared Covid-19 Surge, Push Firms to Seek D&O Insurance Alternatives

When Elon Musk said in April he was dropping the insurance policy that protects Tesla Inc.'s board from shareholder lawsuits, it got Skip...
 

SUVs More Deadly to Pedestrians Than Passenger Cars, Says Insurance Safety Study

SUVs are more likely than passenger cars to injure or kill pedestrians, according to a new U.S. insurance industry study which...
 

U.S. Court Vacates Qualified Immunity in Excessive Force Case of 5 Police Officers

A federal appeals court has vacated part of a finding that cleared five West Virginia police officers on qualified immunity grounds in an...
 

Edge Computing, Supply Chains, Deepfakes Among 2020's Top Emerging Risks: Swiss Re

Pandemic threats were once on the list of potential emerging risks facing the insurance industry and society. Now that this risk has...
 

Chief Risk Officers Believe U.S. Coronavirus Losses Could Top S&P's $15-$30B Estimate

Analysts for Standard & Poor's Global Ratings shared a view that U.S. underwriting losses from COVID-19 would fall in the $15-$30...
 
 
 
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